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Browsing Category
Oil & Gas
LONRHO to invest in Ghana’s oil industry
The Management of LONRHO has expressed its preparedness to invest in Ghana's oil industry and has expressed interest in building an oil service terminal.
Mr Geoffery White, Director and Chief Executive Officer of LONRHO, said the company…
Tullow fails to find oil in Mauritania well
The most successful oil producer in Ghana, UK based Tullow Oil has been unsuccessful in finding oil in Mauritania.
The company announces Wednesday February 16, 2011 that the Gharabi-1 well, located in Block 6 offshore Mauritania, “was…
Oil revenues won’t transform Ghana’s economy – UNDP
The United Nations Development Programme (UNDP) says neither Ghana’s new found oil revenues nor the recent rebasing of the country’s economy are fundamentally panaceas for economic transformation.
According to the findings of a study…
Tullow finds more oil in Ghana’s Teak-1 well
The leading oil producer in Ghana, UK based Tullow Oil says it has discovered more oil in Ghana.
The company announces in a press statement copied to ghanabusinessnews.com Thursday February 10, 2011 that its Teak-1 exploration well in the…
Stay off Jubilee Oil Field – local fishermen told
Canoe fishermen have been asked to stay off the Jubilee Oil Field, as the deep water gas project to pipe the country's natural gas to the shore begins.
Officials of the Ghana Navy and the Ghana National Petroleum Corporation (GNPC) have…
MIGA extends suspension of $225m political risk insurance for FPSO
The saga of the suspension of a $225 million political risk insurance for the Floating Production Storage and Offloading (FPSO) vessel that is producing oil at Ghana’s largest oil field – the Jubilee oil field does not look like it will…
Ghana to construct warehousing facilities for Jubilee’s FPSO
The Ghana Shipper’s Authority (GSA) says it will construct some warehousing facilities for the Floating Production Storage and Offloading (FPSO) Vessel on the Jubilee oil field.
According to the GSA, these warehousing facilities will…
EPA develops guidelines to regulate oil and gas activities
As part of government’s policy to guide petroleum operations to follow sustainable development, the Environmental Protection Agency (EPA) has developed guidelines to regulate oil and gas activities in the country.
The purpose for these…
Ghana’s first oil production expenditure within original budget – Tullow
The first commercial oil produced from Ghana's Jubilee field was within budget, says Tullow Oil.
According to Tullow Oil the first successful oil production which was achieved on schedule within 40 months of discovery was also within…
More gas to flow, as multi-billion Jubilee gas project begins
Work has begun on the multi-billion dollar Jubilee Gas Project to harness the country's natural gas deposits with the laying of flow lines to pipe the gas from the Jubilee Field to the Jomoro District of the Western Region.
Technip,…