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Oil & Gas

Oil and Gas Association accuses Tullow, GNPC

Ghana Oil and Gas Providers Association on Monday said Tullow Oil with the help of the Ghana National Petroleum Corporation (GNPC) was violating the policy of the International Maritime Authority Medical Standard by bringing their own policy which was not recognised. A statement signed by the Executive Secretary of the …

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Takoradi Poly to benefit from World Bank facility

The Government, through a World Bank facility, is to build the capacity of selected tertiary educational institutions to enable them to train petroleum-related technicians in support of the emerging oil and gas industry. Ghana is to witness the first flow of commercial crude from the Jubilee oil field, located in …

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Human resource said to be essential in petroleum industry

Mr Emmanuel Armah-Kofi Buah, Deputy Minister of Energy on Thursday, said aside capital and technological know-how, developed human resource was the most important requirement of a well managed petroleum industry. He noted that human resource was used to harness both the capital and the technological know-how to produce results in …

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Local university deliberates on Ghana’s oil find

Government has been urged to ensure the equitable distribution of the benefits that would be accrued from the country’s oil find and to train more competent Ghanaians as workforce for the oil companies that are operating in the country. “I will urge government not to politicise the oil find in …

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Takoradi Polytechnic to introduce oil and gas programmes

Takoradi polytechnic has announced that the polytechnic would introduce new special and non-tertiary programmes for the oil and gas industry next academic years. The special programmes include welding (City and Guild), America welding society certificate, logistics and transport (CIIT), Air craft maintenance and the non-tertiary programmes includes CTC (part I,II,II), …

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Russian oil company LUKoil to invest $780m in Ghana, Cote d’Ivoire

The second largest oil company in Russia, LUKoil says it will invest an amount of $780 million into oil exploration activities in Ghana and Cote d’Ivoire, according to the Business Insider publication, citing LUKoil’s second executive and shareholder, Leonid Fedun. It added, however that no one within the company has …

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Tullow confirms Ghana’s Owo-1 well as major new field

Developments in Ghana’s nascent oil sector are indicating the country’s potential to be a significant player in the world’s oil industry when commercial production begins at the end of this year. The major stakeholder in Ghana’s oil industry, Tullow Oil has confirmed the Owo-1 well as a major field. Tullow …

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Ghanaians asked to make oil resource blessing instead of curse

Dr Joe Abbey, Executive Director of the Ghana Centre for Policy Analysis, on Friday appealed to Ghanaians to be interested in the country’s oil industry, to help make the resource a blessing instead of a curse. He said: “let’s all join in the debate about Ghana’s oil exploitation to ensure …

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Tema Oil Refinery to become hub of oil in West Africa

Ghana’s only oil refinery, the Tema Oil Refinery (TOR) intends to build another refinery in the country. The new refinery is expected to increase the refinery’s production capacity to 120,000 barrels a day, as well as turn TOR into the hub of oil transactions in West Africa, the Daily Graphic …

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