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Oil & Gas
FPSO maintenance, low WAPCo gas to affect power supply
Ghana Grid Company has announced that the stability of electricity supply will be disrupted over the next few days due to a maintenance shutdown of the FPSO Kwame Nkrumah and low gas inflows from the West African Pipeline.
A…
Keep multinationals out of oil retail business – analysts
Dr Isaac Amo-Antwi, a Takoradi based Social Worker and an economics expert has cautioned that it is dangerous for multinational oil companies to be allowed to enter the downstream sector of the country’s oil industry.
He said there were…
GNPC supports construction of sickle cell centre with $4.5 m
The Ghana National Petroleum Corporation (GNPC) has presented a cheque for $4.5 million to the Sickle Cell Foundation towards the construction of a centre of excellence for treatment and research on the disease.
A statement issued by the…
Ghana government asked to invest oil revenue in education
The Africa Centre for Energy Policy (ACEP), a policy think tank, has advised the Government to invest part of the oil revenue in Agriculture, Education and Health to ensure effective economic growth and development.
Dr. Ishmael Ackah,…
Micoperi and Quantum Power now to construct LNG facility for GNPC
Micoperi and Quantum Power have reached an agreement on the Engineering, Procurement and Construction (EPC) for the Tema liquefied natural gas (LNG) import, storage, regasification and delivery facility.
The Tema LNG Facility would…
Energy Ministry alone causes GH¢1.7b loss to the state
Ghana lost GH¢1,803,646,727 as a result of financial errors and irregularities committed by public boards, corporations and other statutory institutions.
The loss, according to the Auditor-General’s Report for the 2014 fiscal year,…
Ministry of Finance presents vehicle to PIAC
The Ministry of Finance (MOF) has presented a vehicle to the Public Interest and Accountability Committee (PIAC) at a short ceremony held at the forecourt of the Ministry.
The presentation of the 4x4 Toyota Land Cruiser was done by…
Ghana to become petroleum distribution hub – Mahama
The Government is working around the clock to soon position Ghana as an oil and gas distribution hub, President John Dramani Mahama has announced.
He said the huge demand for oil and gas for development and industrialisation was…
Tullow Ghana to shut down FPSO Kwame Nkrumah
The Jubilee partners led by Tullow Ghana Limited, operator of the Jubilee Field, has announced a 14-day planned shutdown of the FPSO Kwame Nkrumah to undertake maintenance on vital equipment for enhanced safety and guarantee standards.…
FPSO Professor John Evans Atta Mills arrives in Ghana
The FPSO Professor John Evans Atta Mills, a Floating Production Storage Offloading vessel, which will produce and store oil from Ghana’s Tweneboa-Ntomme-Enyenra (TEN) offshore oil fields, arrived in Ghanaian waters on Wednesday March 2,…