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Oil & Gas
Samia Nkrumah to lead ‘big’ protest against relocation of Ghana’s $1.2b gas plant
Ms Samia Yaba Nkrumah, daughter of Ghana’s first President, Dr Kwame Nkrumah, has hinted that the people of Jomoro where she is the Member of Parliament will embark on a massive protest against the relocation of the $1.2 billion gas plant.…
Ghana develops new strategy on use of LPG after completion of first gas plant in 2013
More Ghanaians are to be encouraged to use liquefied petroleum gas (LPG) when the gas processing plant comes on stream in 2013.
In that regard, the Ministry of Energy has formulated a strategy to vigorously promote the use of liquefied…
Kosmos Energy plans lifting between 6-8 cargo crude offshore Ghana in 2012
Kosmos Energy is expecting to lift between six to eight cargo crude from the Jubilee fields offshore Ghana in the year 2012.
The company made the estimation based on the gross production at Jubilee averaging between 70,000 and 90,000…
Chamber of Commerce and Industry to lobby for passage of Local Content Bill
The Sekondi-Takoradi Regional Chamber of Commerce and Industry (STRCCI) is to lobby Parliament to pass the Local Content Bill passed into law, Mr. Vincent Annan, the Executive Secretary of the chamber, announced on Wednesday.
Speaking at a…
Kosmos Energy secures $67m IFC loan to fund Jubilee projects
Jubilee partner Kosmos Energy, through its Kosmos Energy Finance International (KEFI), has secured an International Finance Corporation (IFC) senior loan facility of $67 million to finance activities at Ghana’s Jubilee oilfields.
In a…
Kosmos Energy says it will invest over 90% of $600m 2012 capital in Ghana
Texas-based US oil company, Kosmos Energy today March 1, 2012 has announced its 2012 organic capital programme of approximately $600 million anticipating that over 90% of the amount will be invested in Ghana.
The company says in a…
Ghana Parliament approves China loan offtaker agreement for crude oil lifting
The Parliament of Ghana on Wednesday approved an offtaker agreement between the Ghana National Petroleum Corporation (GNPC) and the UNIPEC Asia Company Limited for the lifting of crude oil from the Jubilee Field.
The agreement is under the…
Top diplomat says US interested in Ghana-Ivory Coast oil border dispute but has no say
The US is interested in knowing the outcome of the boundary dispute covering some parts of the Jubilee Oilfields between Ghana and neighbouring Ivory Coast.
According to a top US diplomat, Ghana and Ivory Coast have set up a commission to…
Kosmos Energy acquires Sabre Oil’s interest offshore Ghana for $365m
Jubilee partner, Kosmos Energy said February 27, 2012 that it has acquired the participating interest of Sabre Oil & Gas Holdings Limited in the Deepwater Tano Block, offshore Ghana for a purchase price estimated at approximately $365…
US firms in talks with Ghana to supply vessels to transport gas onshore from Jubilee oilfields
Two US-based companies are in advanced discussions with the Ghanaian government for the supply of liquid natural gas and liquid natural gas regasification facilities, a US top diplomat has said.
The diplomat did not name the two companies…