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Oil & Gas
Ghana’s $1.2b gas infrastructure to be relocated from Bonyere to Atuabo
Ghana’s first gas processing plant which was originally to be located in Bonyere has been moved to Atuabo also in the Western region, an official at the Ghana Gas Company says.
"The change of location is due to technical and geodetic…
Hess plans $800m for Ghana, other countries
US-based oil firm Hess Corporation has today January 12, 2012 announced a 2012 capital and exploratory budget of $6.8 billion for its global operations and $800 million of that amount will be invested in its Ghana operations and some other…
Ghana challenged to take full control of natural resources
Mr Edwin Van-Otoo, Vice-President of Ghana Oil and Gas Service Providers Association, on Wednesday called for visionary leadership in harnessing the country’s natural resources for socio-economic development.
He said it was time Ghana took…
GNPC to establish fabrication yard for oil companies
Mr Edward Appiah-Brafoh, Principal Human Resource and Administrative Officer of Ghana National Petroleum Corporation (GNPC), on Wednesday said the Corporation would establish a fabrication yard in partnership with the private sector in…
Court to rule on National Petroleum Authority’s Stay of Execution January 24
The Accra High Court has fixed January 24, 2012 to rule on an application for stay of execution pending appeal of its decision that the ex-refinery differential component imposed by the National Petroleum Authority (NPA) was a tax and,…
Ghana’s oil sector needs more transparency – Speakers at New Year School
Speakers at a symposium on ensuring transparency in oil and gas revenue management have stated that though Ghana has made some strides in ensuring transparency in the sector, there are still challenges to be addressed.
The speakers were…
Ghana says Ivory Coast claims of oil fields have no merit
Ghana says claims of ownership of some of its oil fields by neighbouring Ivory Coast do not have merit, reports the Daily Graphic January 10, 2012 citing Nana Boakye Asafu-Adjaye - Chief Executive Officer of the Ghana National Petroleum…
Ghana should invest oil and gas revenue in domestic economy – Prof Collier
Ghana has been advised to channel its oil and gas investment into its domestic economy and focus on building capacities to handle such investments rather, than seeking to investment abroad and overspending on public infrastructure.…
MODEC cancelled $225m political risk insurance on FPSO – MIGA
The Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group says MODEC last year cancelled the $225 million political risk insurance that it had provided for the Floating Production Storage Offloading (FPSO) vessel being…
Ghana Employers Association urges NPA to adhere to prices rewiew mechanism
Ghana Employers Association (GEA), has appealed to Government to ensure that the National Petroleum Authority adhere to the price review mechanism.
Mr Terence Darko, President of the GEA, considering the fact that businesses in Ghana have…