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Oil & Gas

Tullow focuses more on Africa as part of new vision

Tullow is focusing more on Africa in its broader and new vision of ensuring sustainability and progress in its operations. Mrs Cynthia Lumor, the Director of External Affairs at Tullow Ghana, said the company recognised the important role stakeholder engagements played in doing good business in Africa and Ghana in …

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Ghana government urged to improve local content to expand oil industrial sector  

Government have been urged to strengthen its local content policies to facilitate the expansion of the oil and gas and industrial sectors for sustainable national economy. Professor Omowumi Iledare, the Ghana National Petroleum Commission (GNPC) Professional Chair of Petroleum Economics at the Institute for Oil and Gas Studies at the …

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Ghana to host third Annual Africa Oil & Gas Conference

National, regional and international oil and gas industry Local Content Experts will gather in Accra, Ghana, for the third edition of the annual Africa Oil and Gas Local Content Sustainability Conference and Exhibition (ALC2019). The two-day event, which is on the theme, “Shaping the Future through Sustainable Local Content Policies”, …

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PIAC to refer nonexistent oil revenue funded projects to EOCO

Dr Steve Manteaw, Chairman, Public Interest and Accountability Committee (PIAC), says his outfit will soon refer cases of nonexistent projects funded  with oil revenue to the Economic and Organised Crime Office (EOCO) for investigation. He says PIAC in the coming weeks will submit to EOCO – under a Memorandum of …

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Shell in Nigeria loses 11,000 barrels of oil daily to theft in 2018 

The Shell Petroleum Development Company (SPDC) in Nigeria on Monday confirmed a daily loss of about 11,000 barrels of oil from its pipelines to crude oil theft in the Niger Delta region in 2018, more than the approximate 9,000 barrels per day in 2017. Igo Weli, a spokesman for the …

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Karpowership Osman Khan resumes production

Karpowership Ghana Company Limited says its 470MW Karadeniz Powership Osman Khan has resumed Power Production after successful commissioning works in Sekondi-Takoradi. A statement from the company said the 470MW Powership would continue to operate on Heavy Fuel Oil to supply reliable and sustainable electricity to the national grid until on-going …

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Ghana Gas to commence supply of gas to Karpowership in October

The setting up and laying of pipelines to power the relocated Karpowership from Tema to the Sekondi Naval Base is about 85 per cent complete. Ghana Gas Company Limited will as a result push its first gas from Atuoabu gas processing plant to the Power ship in October this year. …

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BOST confirms Edwin Provencal as Managing Director

The Board of Directors of the Bulk Oil Storage and Transportation (BOST) Company Limited has confirmed Mr Edwin A. Provencal as the new Managing Director of the company. Mr Provencal who was nominated by the President was subsequently confirmed after a Board meeting on Tuesday. A statement issued and signed …

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Government initiates three-month consultation with Independent Power, Gas Producers

Government says it will start an initial three-month consultation with Independent Power and Gas Producers for them to contribute to strategies towards improving the energy sector. This comes after a meeting with the Independent Power and Gas Producers to address government’s approach to reforming the current take or pay structure …

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Springfield Group signs contract with Stena Drilling

Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, will make history by becoming the first independent Ghanaian and African Energy company to drill for hydrocarbons in deep water at depths of 4,000 and beyond. Springfield, which operates the West Cape Three Points Block 2 (WCTP Block 2), …

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