Home / Oil & Gas (page 5)

Oil & Gas

Ghanaians undergo oil and gas training in Brazil

MODEC Production Services Ghana JV Limited (MPSG), a Japanese firm, has launched an international oil and gas training programme for 16 Ghanaian nationals. The beneficiaries are expected to undertake the training in Brazil in three batches beginning from February 2019 to get hands-on training in Floating Production Storage and Offloading …

Read More »

Privately initiated Bridge Power builds $900m 400MW LPG powered plant for Ghana

Power generation and distribution in Ghana are a well-known reality – Ghanaians for many years have had to endure power rationing because at some point, there wasn’t enough power to go round. The situation effectively led to Ghanaians becoming accustomed to the word ‘dumsor’, meaning switch off and on. While …

Read More »

Aker Energy to complete drilling of Pecan-4A Appraisal Well

Aker Energy, operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has announced that it would soon complete the successful drilling operation of the Pecan-4A appraisal well offshore Ghana. The main purpose of the Pecan-4A appraisal Well was to confirm Aker Energy’s understanding of the geology in the area …

Read More »

Axxela signs gas transportation agreement with WAGP

Axxela Limited, a fast-growing gas and power portfolio company, has signed a Gas Transportation Agreement (GTA) with the West African Gas Pipeline Company Ltd (WAPCo). The deal will enable Axxela Limited to transport over 15 million standard cubic feet per day (“mmscf/d”) of natural gas via the West African Gas …

Read More »

Ghana makes $464m from oil in first half 2018

Despite continued challenges with information sharing and documentation regarding payments in the oil sector, in the first half of the year 2018, Ghana made a total of $463,569,064.38 in petroleum revenue, according to the latest report of the Public Interest and Accountability Committee (PIAC). The Committee is mandated by law …

Read More »

Ghana produces 29 million barrels of oil in first half of 2018 – PIAC

Ghana has produced a total of 28,982,050 barrels (bbls) of oil from three offshore producing fields, the new report of the Public Interest and Accountability Committee (PIAC) says. According to the report covering the period from January to June 2018, 11,923,286 bbls was produced from the Jubilee field, 11,772,267 bbls …

Read More »

GOIL says to open 40 stations in 2019

The Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous Oil Marketing Company (OMC) has set a pragmatic target of setting up 400 active modern filling stations across the country by the end of the 2019. As a major step towards achieving that target, GOIL opened its 360th Filling Station …

Read More »

Assembly to turn Kpone landfill site into synthetic diesel hub – MCE

Mr. Solomon Tettey Appiah, Municipal Chief Executive (MCE),  Kpone–Katamanso Municipal Assembly (KKMA), says the Kpone landfill site will soon become a synthetic diesel producing hub. According to Mr Appiah, the landfill site which is a dumping site for various waste management companies operating in Accra, and Tema and their environs, …

Read More »

CSOs launch report on corruption in extractive sector

A report on corruption in the extractive sector has been launched and pushed for legislative and institutional reforms to remove potential corruption enablers in the mining, oil and gas industry. It is titled; “Lifting the Veil on the Typology and Nature of Corruption Risks in Ghana’s Extractive Sector” and was …

Read More »

Fifty-eight oil companies qualify for next licensing stage

The Ministry of Energy has said the Licensing Round Committee on December 21 opened applications for prequalification received from interested companies who submitted Expression of Interest (EoI) for the competitive bidding for three Blocks in the Western Basin. Overall, sixteen high calibre companies with proven track records submitted a total …

Read More »