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Oil & Gas

Ghana never awarded $1b gas infrastructure deal to Nigerian company Oando

Claims by a Nigerian oil and gas company, Oando Plc that it has been selected to partner with the Ghana National Petroleum Corporation (GNPC) to develop Ghana’s natural gas infrastructure has turned out to be false. Oando put up a press statement on Sunday October 4, 2009 announcing that it …

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Ghana awards deepwater gas pipeline contract to Technip

The Ghana National Petroleum Corporation (GNPC) has awarded a contract to French company, Technip to construct and instal a 14-km 12 inch pipe deepwater for the country’s gas infrastructure, which is yet to be constructed. Information reaching ghanabusinessnews.com from France indicated that the lump-sum contract is for a flowline installation …

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Jubilee oil field said to be 92% ready

Ghana’s largest oil field, the Jubilee oil field is reported to be 92% ready for oil production to begin. The Daily Graphic citing Thomas Manu, the Director of Exploration and Production at the Ghana National Petroleum Corporation (GNPC), said remaining installations constituting eight per cent will be completed at the …

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When Ghana’s oil starts to flow

In a couple of weeks, Ghana could join the privileged group of oil and gas producing countries like Kuwait, Iraq, Brazil, Nigeria, Botswana, Equatorial Guinea, Libya, Angola, and many others who constitute the Organization of Petroleum Exporting Countries (OPEC). Since June, 2007, when Kosmos Energy discovered oil in commercial quantities …

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Russia holding documents about more oil in Ghana

The Russian government has indicated it s preparedness to make available to Ghana, classified documents on oil and gas reserves in the Voltaian Basin, if the government officially applies for them. The documents containing geological findings of the basin, were prepared by geologists of the then Soviet union in the …

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Global oil field provider Oceaneering comes to Ghana

Oceaneering, a global oilfield provider of engineering services and products, has opened a branch at Takoradi. Mr Dale de NEEF, an Intervention Tooling Manager of the Company said at a day’s open day of the company at Takoradi last Friday that Oceaneering is in the country to support the oil …

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Tullow fails to find oil in Onyina-1 well near Jubilee

Tullow Oil has failed to find oil in an exploration bid at the Onyina-1 exploration well in the Deepwater Tano licence offshore Ghana. Tullow Oil has said in a press release copied to ghanabusinessnews.com that it encountered water bearing reservoirs at the well which indicates that it is a dry …

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Oil will grow Ghana’s economy – Dr. Boeh-Ocansey

Dr Osei Boeh-Ocansey, Director General of the Private Enterprise Foundation (PEF), said the development objective of government towards the oil and gas discovery is the growth of the economy to facilitate development and industrialisation. He said the industry is also expected to accelerate growth, poverty reduction and general prosperity of …

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Ghana Embassy to hold oil forum in Chech Republic

The Ghana Embassy in the Czech Republic will on November 9, hold a forum on Ghana’s emerging oil and gas industry in Prague, the capital of the Czech Republic. A statement issued in Accra, on Monday, by the Embassy, said the forum would be organised in collaboration with the Czech …

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