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Oil & Gas

Mahama: Ghana will not repeat mistakes of oil-rich countries

Vice President John Dramani Mahama on Thursday reiterated government’s determination to avoid the “Dutch disease”, where manufacturing sectors have been sacrificed in oil rich countries. He said government was also working around the clock to reduce dependence on foreign donor organizations and adopt pragmatic measures to cushion the impact of …

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Ghana’s Chief Justice says judiciary ready for oil and gas industry

The Judicial Service is fully prepared to handle every dispute that would arise from the emerging oil and gas industry, Chief Justice Georgina Theodora Wood, announced on Thursday. She said the service was ready both in training and capacity building to support Ghanaians who may either take up business positions …

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Academic says Ghana’s oil and gas industry may not employ too many hands

Dr Steven Donyinah, lecturer at the Department of Chemical Engineering, Kwame Nkrumah University of Science and Technology, has cautioned those with great expectations of direct employment from the Oil and Gas industry to consider alternatives. He said the industry would not need ‘too many hands in the form of direct …

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Kosmos Energy officials interact with President Mills over ExxonMobil deal

Talks between Government and Kosmos Energy on the impasse on the proposed sale of the stake of Kosmos in the Jubilee Oil Fields to ExxonMobil reached the highest political level on Friday when officials of the oil company, led by its Chief Operating Officer, Mr Brian Maxtead, paid a courtesy …

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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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