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Oil & Gas
Deregulation will ensure cheaper petroleum pricing – Kofi Buah
Mr Emmauel Armah Kofi- Buah, the Minister of Petroleum has said Government’s decision to deregulate the petroleum sector was to allow petroleum importers and marketers to reduce their price as well as pull in more private players into…
Tight security for new BOST pipelines – MD
Mr Kingsley Awuah Darko, the Managing Director, Bulk Oil storage and Transport (BOST), has said the company would ensure tight security along the new BOST pipelines which would be laid from Akosombo to the Accra Plains to avoid stealing or…
GOIL pledges to compensate families of fire victims
The Board and Management of Ghana Oil Company Limited (GOIL), Friday, expressing condolences to the victims and families of the Circle Filling Station fire disaster, said the company would conduct its own investigations alongside the…
IFC to provide $8m debt financing to Quantum Oil Terminal for petroleum storage facility
The International Finance Corporation (IFC) of the World Bank Group says it will provide debt financing to Quantum Oil Terminal Limited, a subsidiary of Quantum Group, an independent trader and distributor of petroleum products in Ghana.…
Anokyi Chief angry with Ghana Gas Company
Nana Avo Blay V, Chief of Anokyi in the Ellembelle District of the Western Region, has expressed disappointment at the inability of Ghana Gas Company (GCC) to improve the livelihoods of surrounding communities.
He said the establishment…
Ghana to get Africa’s first floating LNG terminal – Endeavour Energy
An Australian electricity company, Endeavour Energy says it has appointed BMT Asia Pacific (BMT) as owners engineer and lead design consultant for the development of a floating liquefied natural gas (FLNG) storage and regasification vessel…
GNPC launches stakeholder engagement on Voltaian basin project
The Ghana National Petroleum Corporation (GNPC), has launched its national stakeholder engagement on the Voltaian Basin Project (VBP), ahead of commencing preliminary seismic work in the basin.
A statement by GNPC and copied to the Ghana…
Second Ghana FPSO to be completed in February 2016
Mr Charles Darku, the head of Tullow Ghana on Friday said the second FPSO being built for the TEN Project would be completed in February 2016.
The completion of this magnificent edifice would allow first oil from the TEN project to…
Accurate measurement essential to oil and gas industry – Executive Director
Accurate measurement is essential to all, if Ghana is to maximise her expected income from the oil and gas industry, Mr George Crentsil, Executive Director of Ghana Standards Authority (GSA) has said.
He noted that from the oil well,…
Ghana government says spends $886 million on Atuabo Gas project
The Government of Ghana on Wednesday said it has made total payments and committed cost of more than $886 million on the Atuabo Gas Project.
Total amount yet to be committed is $113.56 million, Mr Emmanual Armah Kofi Buah, the…