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Oil & Gas
Environmental firm to build facility to manage oil waste in Ghana
Zeal Environmental Technologies Limited (ZETL) is establishing a modern oilfields integrated waste management facility at Nyankrom in the Shama District of Ghana.
Mr. Kweku Ennin, Chief Executive Officer of the company announced this on…
Government to compensate farmers affected by gas project
Government has approved payment of compensations to farmers to be affected by the Domunli Gas Project in the Jomoro District of the Western Region.
It was to ease tension between affected farmers and workers at the project site.
Mr…
Tullow expects approval for Ghana TEN field in 2012 third quarter
Tullow Oil Plc says it expects to secure approval to commence work on a second field TEN in the third quarter of this year.
Aidan Heavey, Chief Executive Officer, Tullow Oil Plc, who announced this said good progress, was made in…
Only 5% of $16b spent on Ghana’s local content in oil sector – Prof. Panford
Academic institutions across the country has been urged to look into how best local content in the oil sector could best be developed to benefit the citizenry.
Professor Kwamina Panford, a visiting Fulbright Scholar at the Institute for…
Oil swerves Jubilee partners at Teak-4A well offshore Ghana
No oil in commercial quantity was found at the Teak-4A appraisal well, located in the West Cape Three Points (WCTP) Block, offshore Ghana, partners at the Jubilee fields announced May 3, 2012.
The Teak-4A well was targeting the…
Kosmos Energy terminates $365m Sabre acquisition agreement at Ghana’s oilfields
American oil firm Kosmos Energy on May 3, 2012 terminated the acquisition agreement to buy Sabre Oil’s 4.05% interest in the Deepwater Tano Block, offshore Ghana.
The termination was effected after both parties reached a “mutual…
Oil curse not pre-ordained – AfDB President on Ghana
The President of the African Development Bank (AfDB) has said the phenomena known as the 'oil curse' is not pre-ordained. This is the case where majority of citizens in oil countries live in poverty due to mismanagement of oil revenues.…
Ghanaian oil firm launches mobile fuel dispenser
Star Oil Company Limited on Wednesday launched the diesel mobile fuel dispenser onto the Ghanaian market to help bring fuel to the doorsteps of its bulk customers in Accra.
The mobile fuel dispensers is a fuel tanker with an equipped state…
WAGPCo to review contractual agreement on shipment of West African gas pipelines
The West African Gas Pipelines Company (WAGPCo) has hinted that the contractual agreement with N-Gas Company would be reviewed to accommodate other companies that wished to use the pipelines to ship gas.
N-Gas is the only company that…
FAO tells Ghana, other African oil producers to invest in agric
Ghana, and other oil –producing African nations have been advised to use revenues from the ‘black gold’ to support their agric sectors.
The FAO’s Director-General, José Graziano da Silva, who gave the advise at its Regional Conference…