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Oil & Gas

Paris conference to reveal future oil, energy potential in North-Africa and Middle East

With oil prices and production still going up, North Africa and the Greater Middle East remain the key anchor area in the world’s oil and energy markets and will continue to shape the dynamics of the global upstream industry, according to experts. This assertion will be shored up, during the …

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US firm to run subsea services at Jubilee oilfields

FMC Technologies, a US-based global provider of technology solutions for the energy industry, says it will soon start providing subsea services at Ghana’s Jubilee oilfields. The New York-listed company announced March 20, 2013 that it has signed a five-year agreement with Tullow Ghana to provide subsea services for its developments …

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Ghana Gas signs contracts against procurement law

…but Board Chairman denies The Ghana National Gas Company (GNCG) is reported to have signed three multi-million dollar contract agreements from January 29 to March this year “with no evidence of the contracts being subjected to the country’s procurement laws”, the Daily Graphic has learnt. The agreements made up of …

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Oil & gas reporting guide to be developed for Ghanaian journalists

Penplusbytes has organised a forum for energy experts and journalists on oil and gas in Koforidua to undertake a writeshop on the way forward in developing a media guide for Ghanaian journalists. The guide is to help Journalists to effectively write in-depth and investigative stories on Ghana’s oil and gas …

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Ghanaian businesses in oil sector must be empowered – Minister

Mr Emmanuel Kofi Buah, Minister of Energy, Oil and Gas, on Tuesday called for the empowerment of local businesses through strong partnerships to enable them to serve as front-runners in the country’s petro-chemical industry. He stressed that such partnerships with foreign allies would enable the Ghanaian businesses to add value …

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Ghana’s oil & gas industry is growing market – UK High Commissioner

Mr Peter Jones, British High Commissioner, on Monday described Ghana’s oil and gas industry as a growing market that offers substantial opportunities for UK companies to do business. He has therefore called for deployment of highly developed skills to utilise the country’s gas reserves. “With oil production in Ghana expected …

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Upper East Regional Minister warns fuel smugglers

Dr Ephraim Avea Nsoh,  Upper East Regional Minister on Thursday warned  that  henceforth fuel smugglers and people who hoard it would not be spared by the law. Of late the Upper East Region has been experiencing fuel shortage due to smuggling.  The practice is very common at Paga and Bawku, …

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Menergy in court to claim properties from SSNIT

Menergy, an oilfield Services Provider is praying the Sekondi High Court One to help the company secure its GH¢5.2 billion land and other properties from the Social Security and National Insurance Trust (SSNIT). The properties which were originally owned by Ghana Railways Company were sold by SSNIT after a court …

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Ghana gas infrastructure suffers another setback

As country receives only $200 million of $3 billion China loan The Ghana government has said it received only $200 million out of the total $3 billion China Development Bank (CDB) loan that it applied for. At a budget review workshop with the Institute of Financial and Economic Journalists (IFEJ) …

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