Oil & Gas

Prices of petroleum products are expected to decline this week following the stability of the cedi against the major international trading currencies and reduction of world prices of fuel. Mr Pius Enam Hadzide, a Deputy Minister of…

The Takoradi Port is gradually equipping itself in terms of infrastructure to play host to the many oil and gas companies and industry players operating in the Western Region as well as create  jobs. The search for partner for the…

Parliament has approved an amount of GH¢500,964,480, being the budget estimates, of the Ministry of Energy for the 2019 fiscal year. The allocation is to help the Ministry implement its programmes and activities for the year 2019.…

The Chief Finance and Administration Officer of the Ghana National Petroleum Commission (GNPC), Ms Comfort Aniagyei, has said the government would not renege on plans to relocate the operational head office from the Greater Accra Region to…

Mr Kweku Awotwe, the Managing Director of Tullow Oil Ghana says beginning next year, the company will start paying dividend to the government. This he said, follows the company’s’ ability to service its debts that was in excess of $4…

Tullow-Ghana’s drilling program is targeting a significant growth production from around 147, 000 barrels to 180,000 in 2019. The company was working to strengthen and grow its business in Ghana by tapping into additional exploration…

Under the Accelerated Oil and Gas Capacity (AOGC) Programme $4.5 million has been secured from Aker Energy to push 200 Ghanaians into skilled upstream oil and Gas jobs, Mr Kojo Oppong Nkrumah, Minister of Information, has said. He said…

Dr Mohammed Amin Adam, Deputy Minister for Energy, has expressed concern about the behaviour of some oil companies who fail to comply with the policies and regulations of local content. According to him some oil companies have…

The Upstream Petroleum Service Providers Association of Ghana ( UPSPAG) has been launched in Takoradi to work with stakeholders in the oil and gas industry to  promote the interest of indigenous service providers and producers. The…

The Ghana Oil Company Limited (GOIL) has consummated the joint-operating agreement with EXXONMOBIL of the United States for Deep-water Cape three Points Area Oil exploration. The agreement between GOIL the nation’s foremost indigenous…