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Oil & Gas

Ghana’s oil production to decline after peak level

Ghana’s oil production from the Jubilee fields Phase 1which is expected to reach its plateau stage of production at 120,000 barrels of oil per day (bopd) will dip, according to an official of Tullow Ghana. Dr. Toni Aubynn, Head of Tullow Ghana Corporate Affairs, however said new oil discoveries will …

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Screen your leaders – Niger Delta Chiefs urge oil communities in Ghana

Chiefs and community leaders in the Niger Delta have urged oil communities in Ghana to carefully screen their leaders before giving them the mandate to negotiate with oil companies and governments on their behalf. The chiefs and community leaders in Oruma and Rumuekpe revealed that oil companies in the Niger …

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Group raises concern about activities of Speed House Oil Company

The Committee for the Defence of Ghana Interests (CDG), a civil society organisation has traded a number of allegations against Speed House Ghana Limited, a crude oil marketing  company and has called for investigations. A statement jointly signed by Paul K. Banahene, National Co-ordinator of CDG and Sammy Ayitey, the National …

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EO Group fails to repay $61.7m debt to Kosmos

Kosmos Energy has revealed that one of the Jubilee Partners at Ghana’s oil fields, the EO Group owes it an amount of $61.7 million and it might have to go to court to claim the amount as the Ghanaian owned oil company has failed to repay the amount on schedule …

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MDPI has capacity to train more people in oil and gas – Adam

The Management Development and Productivity Institute (MDPI) on Monday said it had the capacity to train everyone registered to be trained in oil and gas. Mr Abdul Karim Adam, Coordinator of Oil and Gas Training, pointed out that the core mandate of MDPI was to offer the needed institutional training …

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Ghana urged to use part of oil revenue to develop culture

Mr. Azaanab Waksman, Brong-Ahafo Regional Director, Centre for National Culture (CNC), on Friday appealed to the government to set aside at least five percent of the oil revenue to develop the country’s culture. He said cultural development had been neglected by successive governments for a long time and now that …

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Government urged to use oil revenue set up scholarship scheme

Dr Samuel H. Donkor, President of All Nations University College in Koforidua, on Thursday urged Government to use part of the oil and gas revenue to set up scholarship scheme for young people to pursue higher education. He noted that the measure would be beneficial to many brilliant but poor …

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Let’s find ways of employing graduates into the oil and gas industry – PSC

Mrs Bridget Katsriku, Chairman of the Public Services Commission (PSC), on Wednesday called for a national debate on how to unleash young potentials to take over the effective and efficient management of the oil and gas industry. She said Ghana had a large number of young graduates and professionals who …

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Tullow Oil to increase its expenditure on education

Tullow Oil Ghana Limited is to spend 80 per cent of its funds earmarked for the development of communities on education, Dr Anthony Aubynn, Director of Corporate Affairs of Tullow Ghana Limited has announced. He said the remaining 20 per cent would go into other social sectors such as health …

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Tullow, GNPC says oil production volumes from Jubilee Field are accurate

The Ghana National Petroleum Corporation and Tullow Ghana Limited, Operator of the Jubilee Field, on Wednesday assured the public that the measurement systems in place on the FPSO Kwame Nkrumah for crude oil “are accurate”. In a statement released by Tullow Ghana Limited, they said at the moment, the quantities …

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