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Oil & Gas
Banks should support oil sector growth to reduce unemployment – Banking expert
Mr Osei Gyasi, the Head of Banking Supervision of the Bank of Ghana, has urged banks to meaningfully support growth of the oil sector to create jobs and reduce unemployment in the country.
“If the banks have long term adequate capital,…
Eni announces another gas discovery at Cape Three Point Block 4 offshore Ghana
Italian oil company Eni says it has made a gas and condensate discovery in a Cape Three Point Block 4 (CTP-Block 4), offshore Ghana.
In a press release copied to ghanabusinessnews.com Eni says the well which was drilled on the Akoma…
Oil contracts negotiated for the country must have interest of citizenry – Dr. Manteaw
Those who negotiate resource contracts in the name of the Republic must bear in mind that they do so on behalf of the citizenry.
“They owe us explanations for what they do with the power we have vested in them.”
Dr Steve Manteaw,…
Ghana to host Third Africa Oil and Gas Conference
The Third Edition of the Africa Oil and Gas Local Content Sustainability Conference and Exhibition 2019 (ALC) will take place from October 10-11, in Accra.
A statement issued by the AME Trade United Kingdom, and copied to the Ghana News…
$95m spent between 2013 and 2016 without drilling a single oil well in Ghana – Deputy Minister
Dr Mohammed Amin Adam, a Deputy Minister of Energy in charge of Petroleum, says a total of $95 million was spent between 2013 and 2016 for drilling oil wells but none resulted in the discovery of crude oil in commercial quantities.…
IMANI lacks understanding of petroleum economics – Amewu
IMANI Africa’s analysis of the contractual agreement between the Government and Aker Energy, a Norwegian oil firm, of the Deepwater Tano, Cape Three Points (DWT/CTP) block lacked technical knowledge and understanding of petroleum…
Ghana must get more from Aker Energy Petroleum Agreement – IMANI
Policy think tank IMANI Ghana, Thursday , urged the Government to renegotiate the Aker Energy Petroleum Agreement, saying the country is likely to lose billions of dollars should it go with the current agreement.
Mr Kofi Bentil, the…
FPSO Attah-Mills shutdown for essential works
The TEN Partners Thursday said they shutdown the John Evans Attah Mills Floating Production and Storage Offloading (FPSO), which is Offshore Cape Three Points of the Western Region, on Monday, April 22, to enable outstanding works on…
NPA partners Korea Petroleum to improve product quality
A delegation from Korea Petroleum Quality and Distribution Authority (K-Petro), are in Ghana to explore partnership opportunities with the National Petroleum Authority (NPA).
The visit is to also ensure that the NPA taps into the…
Ghana Oil Company Limited changes to GOIL Company Limited
The Board and Management of Ghana Oil Company Limited (GOIL) will soon change their name to GOIL Company Limited.
The proposed change of name from Ghana Oil Company Limited to GOIL Company Limited would be among other issues to be tabled…