Home / Oil & Gas (page 3)

Oil & Gas

Eni starts gas production from Sankofa field 

Eni has started gas production during the past weekend from the Sankofa field in the Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project, in Ghana, on schedule. A statement from the company said the field would provide 180 million standard cubic feet per day (mmscf/d) for at least …

Read More »

Total commissions first solar-powered service station

Total Ghana Limited on Friday, commissioned its first solar-powered service station in the country with a 35 kilowatt capacity, at the Tema main harbour. The solar-powered station has a total of 225m2 solar panels comprising of 165m2 on the station’s shop and restaurant building, and 60 m2 on the pump …

Read More »

Government urged not to depend on oil revenue alone

Mr Abdalla Ali-Nakyea, a Tax Consultant and Attorney has called on state institutions tasked with fiscal planning and management to look at domestic sources of revenue to boost and grow the economy as against the over-reliance on oil proceeds. “We have left domestic sources of revenue mobilization and hinged our …

Read More »

Ghana to set-up National Petroleum Training Institute

Ghana has initiated measures to understudy Aberdeen Skills and Enterprise Training Limited (ASET), which is an International Oil and Gas Training Academy towards the setting up of the National Petroleum Training Institute. Mr Egbert Faibille, Chief Executive Officer of Petroleum Commission, Ghana, disclosed the setting up of the Petroleum Training …

Read More »

Hundreds of millions evaporate: The hazy pattern of corruption in Gaz du Cameroun

The Cameroonian subsidiary of the British company, Victoria Oil and Gas (VOG), already threatened with suspension of its activities in Cameroon, has faced new challenges, including the cancellation of a major contract, delays in approving new concessions and lawsuits from former employees alleging fraudulent payments, sexual harassment and forgery of …

Read More »

Petroleum Commission meets Aberdeen Drilling International

The Petroleum Commission, Ghana as part of its broader mandate as the Upstream Petroleum Regulator, on Wednesday engaged Aberdeen Drilling International on technological transfer and global issues relating to the sector. Mr Egbert Faibille, Chief Executive Officer of the Petroleum Commission explained operations in Ghana’s upstream sector, the role of …

Read More »

Petroleum revenue will continue to be tracked – Dr. Manteaw

The Civil Society Platform on Oil and Gas (CSPOG), has upped its tracking of the petroleum revenue for evidence-based abuses. Dr. Steve Manteaw, its Chairman, said they were going to focus on six selected districts in the Western Region – Ahanta West, Nzema East, Ellembelle, Shama, Jomoro and Sekondi-Takoradi. The …

Read More »

Over $50b needed for petroleum hub agenda – Agyarko

Mr Boakye Agyarko, the Energy Minister, has said over $50 billion investment funds would be needed to build a relevant petroleum infrastructure such as an oil refinery, tank farms, pipelines, marine facilities and other allied facilities to make Ghana a petroleum hub. He said the estimated amount was reached after …

Read More »

Ghana loses $200m over tax evasion in petroleum downstream – NPA

The Chief Executive Officer of the National Petroleum Authority, Mr Alhassan Tampuli, said the country loses over 200 million dollars annually in tax revenues due to the nefarious activities of service providers of the petroleum sector in order to evade tax. He said the Authority had rolled out stringent measures …

Read More »