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Oil & Gas

Oil players want action on Ghana’s Petroleum Bill

The Ghana Exploration and Production Forum, a non-profit association of private sector upstream oil and gas companies operating in Ghana, has called for expedited action on the Petroleum Bill. Mr Anthony Djokoto of Tullow Oil, who made the call when members called on Mr Emmanuel Armah-Kofi Buah, Minister of Energy …

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Resource TOR – TDCL urges government

The Tema District Council of Labour (TDCL) has again called on government to give the Tema Oil Refinery (TOR) adequate resources to enable the refinery to mix its own crude oil for production. Repeating the call at its general meeting in Tema on Thursday, the Council cautioned that it would …

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Stakeholders ask for linkages between oil industry and other sectors

Stakeholders at an Oil and Gas forum held on Tuesday in Accra have called for linkages between the oil and gas industry and other sectors of the economy to trigger equal growth of all the economic sectors. The forum noted that such linkage would help Ghana to avoid the “Dutch …

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UK firm to drill oil well offshore Accra

Australian-based Tap Oil says April 8, 2013 it has awarded the Accra Joint Venture Drilling Rig Services contract to Stena Drilling, a UK firm based in Aberdeen. Stena is to drill the Starfish-1 well located at the offshore Accra Contract. “The Starfish-1 well will be drilled by the Stena DrillMAX, …

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Tullow anticipates bigger finds in offshore West Africa

Tullow Oil Plc is optimistic it will make major discoveries off the shores of West Africa after announcing pockets of oil find in those waters last year. The company’s biggest find to date has been the Jubilee Field in Ghana, which was discovered in 2007 and is estimated to hold …

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Ghana oil find changes maritime security dynamics – Chief of Defence Staff

Vice Admiral Mathew Quashie, the newly appointed Chief of Defence Staff has stated that, the discovery of oil offshore in Ghana has changed the maritime security dynamics. This was contained in a statement from the Ghana Navy to the Ghana News Agency on Monday. The statement said the Navy was …

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Veep asks for growth in aviation to bear on oil and gas industry

Vice President Paa Kwesi Bekoe Amissah-Arthur on Wednesday appealed to operators in Ghana’s aviation industry to bring the growth in the industry to bear on the development oil and gas industry. He gave the assurance that the Government would continue to play its expected role in the progress and development …

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Ghana discovers more gas

Two European companies have discovered 1.8 trillion cubic feet of gas in the Western Region. The new gas is expected to support the country’s thermal energy generation and feed the over one billion dollar fertiliser plant currently being built at Nyankrom in the Shama District of the Western Region. The …

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Ghana’s BOST transports over one billion litres of petrol, diesel in 2012

State-owned Bulk Oil Storage and Transportation Company Ltd (BOST) distributed over one billion (1,097,075,600) litres of petroleum products in 2012, according to data obtained by ghanabusinessnews.com. The products were petrol and diesel. The total volume of petrol transferred by BOST during the year was 477,502,100 litres and diesel was 619,573,500. …

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Jubilee Field to deliver gas to Aboadze by 2013 last quarter – GNGC

Natural gas from the Jubilee Fields for power generation will be delivered to the Volta River Authority (VRA) at Aboadze in the fourth quarter of this year, the Ghana Gas Company has said. Work on the overall project design to process 150 million standard cubic feet of natural gas a …

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