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Oil & Gas

Ghana sets up committee to determine cause of whales’ death

A committee has been set up to find out the cause of death of marine mammals washed ashore along some parts of the country’s coastal lines. The setting up of the committee followed a directive from President John Dramani Mahama to the Ministry of Environment, Science, Technology and Innovation to …

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Ghana Gas says Sinopec replaces lost equipment for Atuabo gas project

Sinopec Service, the main contractor working on the Atuabo Gas facility, has replaced the LPG fabricated plates and accessories that got lost in transit in September, this year. A vessel, Xinfu Song, carrying the plates and accessories arrived at the Tema Port on November 20, 2013, while the Ghana Gas …

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ACEP holds forum on Petroleum Exploration and Production Bill

The Africa Centre for Energy Policy (ACEP) in collaboration with its stakeholders, on Thursday held a forum on the Petroleum Exploration and Production Bill to build consensus among stakeholders. The forum, which was on the theme: “Contributing to Oil Governance, Getting the /Laws Right” aimed at discussing the new Petroleum …

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Secret oil deals with Swiss companies cost Nigeria billions of dollars – Report

Switzerland must boost transparency and regulation of Swiss and Swiss-registered oil traders, whose practices are draining billions of dollars from Nigeria and complicating impressive efforts to reform Nigeria’s oil industry, including compliance with the Extractive Industries Transparency Initiative (EITI). Among the top 10 oil producers in the world and the …

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Group backs Ghana’s local content regulations for oil industry

The Ghana Oil and Gas Service Providers Association (GOGSPA), on Wednesday welcomed the passage the Petroleum Local Content and Local Participation Regulations, 2013 (L.1.2204). This GOGSPA said, was achieved despite stiff opposition from foreign upstream oil and gas companies and their governments. “We at GOGSPA see the passage by the …

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Sale of GNPC drill ship not value for money — Tsatsu

A former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr Tsatsu Tsikata, says the sale of the corporation’s drill ship to offset its indebtedness to Societe Generale (SG) did not give money for value. According to him, the Discoverer 511 was economically viable and critical to GNPC’s …

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Ex-Energy Ministers justify sale of Ghana drill ship but $3.5m still unaccounted for

Two ministers of Energy in the Kufuor administration say the sale of a Ghana National Petroleum Corporation (GNPC) drill ship in 2001 had been a prudent decision taken by the government to rescue the ailing corporation from financial distress. “I am convinced, as I sit here, that there was no …

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Jubilee partners say won’t flare gas at TEN

Tullow Ghana Limited and its partners will strictly observe their “No gas flaring” policy at the proposed Tweneboa, Enyenra and Ntomme wells, Mr Gayheart Mensah, Communication Director of the project which is also known as TEN Project, said on Wednesday. He was speaking at a public hearing on the Environmental …

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Ghanaian centre to boost local content in oil industry to be fully operational in 2014 – Minister

As part of measures to promote local content and participation in the petroleum industry, an Enterprise Development Centre in Takoradi with support from the Jubilee Partners will be fully operational in the course of 2014. The Centre would facilitate the training of Small Medium Enterprises to be properly positioned to …

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