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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 Agency, said the Conference is an international event produced and …

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$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. He said 13 petroleum contracts were signed between the …

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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 economics. Mr Peter John Amewu, the Energy Minister, said this when he addressed a news conference in …

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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 Vice President of IMANI Ghana, who made the call at a forum, …

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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 the facility to be the completed. The shutdown, expected to last two weeks …

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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 expertise of the Korean company in the areas of product quality, distribution and consumption. Mr …

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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 at the 50th Annual General Meeting slated for May …

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We are burdened with heavy fees – OMCs 

The Association of Oil Marketing Companies (AOMCs) has expressed concern over the numerous operating charges and fees imposed on Oil Marketing Companies (OMCs) therefore, suffocating operators in the sector. “These unprecedented charges, have the tendency of becoming a cost component, which would eventually increase the overhead cost of operation, hence …

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Aker Energy sensitises oil and gas suppliers on procurement processes

Aker Energy, operators of the Deepwater Tano Cape Three Points Block, in collaboration with stakeholders, at the weekend sensitised more than 500 suppliers in the oil and gas industry on the company’s procurement processes. Other topics treated were Local Content in Procurement, Compliance in the Aker Energy Procurement Process, Tax, …

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Ghana Gas commences supply of gas to VRA

Ghana National Gas Company (GNGC) has commenced the supply of adequate gas to the Volta River Authority (VRA) to curb the current power outages in Country. This is as because the tie- in of its 11-km gas pipeline from Atuabo to the West African Gas Pipeline at the  Aboadze power …

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