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Oil & Gas

Ghana to acquire third FPSO soon costing $1.2b

Ghana is preparing to acquire a third Floating Production Storage Offloading (FPSO) vessel to receive lean gas from the Sankofa Gye-Nyame (OCTP) Oil Field, Mr Emmanuel Armah-Kofi Buah, Petroleum Minister has announced. The new FPSO,…

Ghana accrues $3.208b from oil in four years

Ghana had total annual petroleum receipts of $ 3.208 billion from  2011- 2015. But from 2010-2015, it produced 161,797,171barrels of crude oil, Mr Roland Affail Monney, the President of the Ghana Journalists Association and a member of…

Fired workers of Eni unhappy with layoff procedure

Disgruntled workers of Desimone Limited, Eni Sanzule Site project on Monday demonstrated against the authorities of the company for wrongfully laying off 25 workers before the end of their seven-month contract. The workers clad in red…