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Oil & Gas

Ghana to get second oil refinery

The management of New Alpha Refinery-Ghana, a South African based company with a subsidiary in Ghana is undertaking feasibility studies to establish a tank farm and second refinery in Ghana. The refinery will be located in the Western Region in addition to the establishment of a power-generation plant using gas …

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We are clean: Saltpond Offshore Producing Company

The Saltpond Offshore Producing Company Limited (SOPCL) is a clean company engaged in genuine business and is ready to cooperate with the National Security apparatus in any investigations it intends to carry out. This was contained in a rejoinder Mr Quincy Sintim Aboagye, Chief Executive Officer (CEO) of SOPC, signed …

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Ghana needs oil and gas analysts – Dr Aubynn

Ghana needs oil and gas analysts to predict the happenings in the sector as Ghana has joined the oil producing countries  of the world, Dr. Toni Aubynn has said. Dr Aubynn who is the Head of Corporate Affairs at Tullow Oil Ghana, also urged Ghanaians to take advantage of the …

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Learn from the experiences of other oil countries – Tullow Official

Mr Ken Nunoo, Communications Officer of Tullow Oil, has emphasised on the need for the country to learn from the experiences of other oil producing countries to develop the nation. He said for Ghana to maximize the full potential of the oil find there was the need for the people …

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Parliament passes Petroleum Commission Bill

Parliament on Wednesday passed the Petroleum Commission Bill, which is to establish a petroleum commission to oversee the regulation and management of petroleum products and provide for related matters. In accordance with article 269 of the 1992 Constitution, the Commission is being established to regulate and manage the utilisation of …

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National Security to investigate operations of oil company, SOPCL

National Security is to investigate operations of Saltpond Offshore Producing Company Limited (SOPCL) on the management of its storage vessel MT Bonsu, a security operative told Ghana News Agency in an interview in Accra at the weekend. He said the investigation followed series of complaints from some operators in the …

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Ghana gov’t to spend 70% of oil revenue on infrastructure

Vice President John Dramani Mahama has announced that 70 per cent of Government’s share of oil revenue would be used for infrastructural development throughout Ghana. The projects, he said would include construction of roads, schools and health facilities to augment the existing ones, and provide new ones for areas that …

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Offshore Petroleum Bill, among 25 Bills slated for second meeting of Parliament

The Offshore Petroleum (Health and Safety), Renewable Energy, Maritime Pollution and the Ghana Maritime Security Amendment Bills are among some 25 bills to be presented to Parliament during this Second Meeting for passage. Some 37 papers covering local and international agreements including an International Convention on Civil Liability for Bunker …

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GNPC lifts second crude oil

The Ghana National Petroleum Corporation (GNPC), successfully lifted a total of 994,691 barrels of Jubilee crude oil from the FPSO Kwame Nkrumah using a Belgian flagged vessel MT “FELICITY”. The GNPC lifted the crude oil on behalf of the Ghana Group, comprising Government of Ghana (GoG) and GNPC. The 994,691 …

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