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Tullow signs $23m MoU with Ghana Navy

Tullow Ghana Limited and the Ghana Navy have signed a Memorandum of Understanding (MoU) for the contracting of a Ghanaian Navy vessel to provide security services at the Jubilee and the Tweneboa Enyenra Ntomme (TEN) oil fields. A statement jointly issued by Tullow and the Ghana Navy and copied to …

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BOST says it would upgrade depots, expand pipeline capacity in 2022

The Bulk Oil Storage and Transportation Company Limited (BOST) says it will in 2022 continue with the upgrade of its depots across the country. It will also repair the remaining defective tanks and increase the Tema Akosombo pipeline capacity from the current six inches to 12 inches to improve the …

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Engen Ghana says it’s set to invigorate downstream petroleum sector in 2022

Engen Ghana Limited has set out modalities to invigorate the downstream petroleum sector in 2022 to ensure a competitive market to the benefit of customers. Engen Ghana, which specializes in the supply of refined petroleum products and other downstream-related activities said in preparation towards leading in the transformation of the …

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BOST undergoes rapid transformation – MD

The Bulk Oil Storage and Transportation Company Limited (BOST) has achieved a tremendous turnover in 2021 through efficient management of the business of Storage and Transmission of fuels focusing on excellence in Security, Safety, and Profitability. “To manage the business of Storage and Transmission of fuels focusing on excellence in …

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GOIL inducted into Ghana Oil and Gas Hall of Fame

GOIL Company Limited (GOIL) has been inducted into the Ghana Oil and Gas Hall of Fame at the just ended prestigious 8th edition of the Oil and Gas Awards. GOIL has already been inducted into the Chartered Institute of Marketing, (CIMG) Hall of Fame as it has taken control as …

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Fishers told to stay off Ghana’s oil rigs

The Chief Executive Officer of the Petroleum Commission, Mr Egbert Faibile Jnr. Has called on traditional authorities in the Western Region to help control incursions from some fishermen around Ghana’s Oil Rigs and the exclusive zone. He said, “Let just imagine how we get scared when we are around vehicles …

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Drop in fuel prices could be short-lived as world oil prices go up

The decline in fuel prices at the local pumps could be short-lived as global oil prices begin to record some gains since last week, analysts have projected. As of Saturday, 11th December, 2021, the Brent and West Texas Intermediate (WTI) benchmarks had recorded about eight per cent gains within the …

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EPA says Ghana is prepared for any oil spill emergency

Ghana has no issue presently with spillage, but equipment, personnel and inter-operability mechanisms among sector players place Ghana on a high pedestal for future crisis management. The Environmental Protection Agency says the many simulation exercises and observation of best practices around the globe give Ghana a proper stand to manage …

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Vivo Energy celebrates 10 years

Vivo Energy, the pan-African retailer and marketer of Shell and Engen-branded fuels and lubricants, has marked the first decade of its formation with local celebrations across its 23 operating countries and support teams. The company was formed on 1 December 2011, initially with seven Shell-branded countries, and a further eight …

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