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Oil & Gas
Africa reports $11.7b value in record $402b global oil deals in 2012 – Ernst & Young
Africa recorded $11.7 billion worth of oil transactions during the year 2012, up from $7.7 billion reported in 2011, according to Ernst & Young’s (E&Y) global oil and gas deal review published January 24, 2013.
Africa’s oil…
Oil firms tasked to reduce global emissions
The Climate and Clean Air Coalition (CCAC) has being tasked to work with leading oil and gas companies to achieve substantial global methane and black carbon emission reductions.
More than a dozen Ministers from countries around the world…
GCB says well-positioned to drive new Ghanaian economy pushed by oil
The Ghana Commercial Bank (GCB) on Wednesday unveiled its new logo in Accra to commence the Bank’s 60th anniversary celebration scheduled from April to June 2013.
The Diamond jubilee anniversary has the theme ‘’GCB-60 Years of Service of…
Pirates steal $5m worth of oil from hijacked vessel off Ghana-Ivory Coast waters
Pirates made away 5,000 tons of oil worth $5 million in a Nigerian owned vessel after its seizure on Ghana-Ivory Coast waters.
The Panamanian-flagged vessel, ITRI, according to authorities in Ivory Coast was seized January 16, 2013 when it…
Fuel smuggling affecting businesses in Bawku
A section of the public in Bawku has attributed shortage of fuel in the Municipality to smuggling of the product by some of the fuel stations to neighbouring countries.
The shortage has affected normal business while commercial vehicle…
Training institutions told to meet labour needs in Ghana’s petro-chemical sector
Mr Ebow Haizel Furguson, General Secretary of the Oil and Gas Association of Ghana, has urged skills training institutions in Ghana to begin strategizing to meet the labour needs of a possible petro-chemical big business in the Volta Basin.…
Eni drilling confirms Ghana’s Sankofa East discovery in “commercial standing” with 450 million…
It has been confirmed that the Sankofa East 2A offshore Ghana is holding about 450 million barrels of oil as Italian oil firm Eni announced January 17, 2012 a successful drilling of the appraisal well.
According to Eni, the drilling was…
Bawku fuel stations accused of smuggling petroleum products to neighbouring countries
A section of the public in Bawku in the Upper East Region have accused some fuel stations in the municipality and its environs of smuggling petroleum products to neighboring countries, to the detriment of the general public who find it…
Oil rig from Ghana to drill Namibia’s first well
An oil rig owned by Transocean and used for Ghana oil works is heading to Namibia.
Brazil's HRT Participações em Petróleo S.A. on January 15, 2013 confirmed that it has received from Transocean the semi-submersible drilling-rig Marianas at…
Full capacity test for Jubilee FPSO in coming weeks as oil output ramps up to 120,000 – Tullow
The floating production, storage and offloading (FPSO) vessel at the Jubilee oilfields will for the first time be tested to its full capacity in the coming weeks, operator at the Ghana field, Tullow Oil said today January 11, 2013.
This is…