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Oil & Gas

Veep tasks media, CSOs to ensure transparent use of Ghana’s oil revenue

Vice President Kwesi Bekoe Amissah-Arthur on Friday assured Ghanaians of effective management of the nation’s oil proceeds, and tasked the media and civil society to continue to hold Government accountable to facilitate  transparency. He said the proceeds would be fairly distributed, and other related matters effectively handled for the oil …

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Running smooth on Ghana’s Jubilee oilfields

Everything looks smooth at Ghana’s Jubilee oilfields as projects are being on schedule as planned. The Jubilee field production is currently producing an average 104,000 barrels of oil per day (bopd)  in the year to date in line with what officials have expected. Since first oil, the field has produced …

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Fishermen advised to keep away from oil rig

Fishermen within the six coastal districts of the Western Region have been reminded on the need to keep a distance from the oil rig since their activities pose greater risks to them as well as the oil installations. They have also been advised to minimise the use of fire on …

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Kosmos Energy plans $400 million investment in Ghana

Kosmos Energy said on Tuesday it would invest $400 million in its operations in Ghana this year, as part of a long term commitment to the Jubilee Oil field and other projects. Speaking to journalists on the sidelines of the inauguration of the company’s office building in Accra, Mr Brian …

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Over half million citizens could get education if Ghana manages oil, minerals revenues well – UNESCO

A new paper released by UNESCO says if Ghana better manages its oil and minerals revenue, the country could pay for over half a million Ghanaians to attend school. There are 16 other resource rich countries analysed in the paper. In a brief issued May 7, 2013, the paper argues …

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Youth urged to equip themselves for oil and gas industry

The youth have been urged to equip themselves with employable skills that would enable them to participate in the Oil and Gas Industry. “Ghana is a young country with more than 50 per cent of the total population below the age of 25 years and the discovery of oil provides …

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Oil communities want meaningful relationship with GNPC

The members of the Coastal Platform for Peacebuilding (COPP) has called on the Ghana National Petroleum Company(GNPC) to establish a meaningful relationship with the indigenes in the areas affected by its activities. They said the GNPC had not done much in community relations and this had created some tension among …

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Company official says Ghana gas plant will be completed before deadline

Ghana’s gas processing plant project at Atuabo would be completed before its deadline this year, Mr. Samuel Agyemah, official of the Ghana National Gas Company, has said. He said construction of “shallow rafts and pile foundation to carry the gas processing plant is about 90 per cent completed” and four …

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Effutu Municipality to get oil refinery

The Effutu Municipal Assembly is facilitating the process of setting up an oil refinery with a capacity of 200,000 Barrels Per Stream Day (BPSD) and expected to rise to 400,000 BPSD in 10 years. The project is being carried out by Kalahari Investment Company Limited and is likely to be …

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