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Oil & Gas

Kosmos Energy anticipates Ghana’s FPSO will be fully funded

After raising some concerns about the Kwame Nkrumah Floating Production Storage and Offloading (FPSO) at Ghana’s Jubilee oil fields in its S-1 filing to the US Securities and Exchange Commission, Kosmos Energy says it is anticipating that the vessel will be fully funded. The funding of the FPSO was suspended …

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GOIL enters strategic partnership with Ghana Navy

Ghana Oil Company Limited (GOIL) on Monday signed a strategic collaborative agreement with Ghana Navy for the use of berthing facilities at Sekondi Naval Base for GOIL’s bunkering operations. The agreement signed by the Managing Director of GOIL, Mr Yaw Agyemang-Duah, and the Chief of Naval Staff, Rear Admiral M. …

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NPA to look at interests of petroleum consumers

Many drivers and members of the public in the Upper West Region says they feel cheated anytime they buy petroleum products at some filling stations in the Wa Municipality. Mallam Karimu Yussifu, a driver at the Wa- Kumasi station alleged that because many of the drivers did not have formal …

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US gives Ghana $691,000 grant to reduce fuel shortages

Ghana’s Energy Commission has received a $691,000 grant from the United States Trade and Development Authority (USTDA), to help it deal with the country’s incessant fuel shortages. Specifically, the grant is to aid the commission to conduct a feasibility study into the development of a floating liquefied natural gas storage …

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Oil industry has many opportunities – Oil company

There are so many opportunities in the oil industry which need the right dynamics, political will and right infrastructure to drive it forward, a senior official of an oil trading and petroleum distribution company, said on Tuesday. Mrs Ivy Apea Owusu, Chief Executive Officer of Cirrus Oil Services Limited, mentioned …

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Oil and gas revenue to boost health delivery – Health Director

The National Chairman of the District Directors of Health Services Group, Dr Kofi Setheland, has expressed optimism that the country’s oil and gas revenue would help to improve health delivery. He noted that if government infuses oil and gas resources into the health sector, health care delivery would improve considerably …

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