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Oil & Gas
Ghanaian citizens must participate in oil and gas discussion – Dr Adam
Dr. Mohammed Amin Adam, Executive Director of the Africa Centre for Energy Policy (ACEP), on Friday said it was important that the citizenry participated in discussions on the management of revenue from the oil and gas sector for the…
Ceona and Seaweld in Ghana partnership for offshore projects
Ceona and Sewaeld have formed a partnership for offshore construction projects in Ghana, according to reports.
Ceona, SURF contractor with heavy subsea construction capabilities, has entered into what is being described as a significant…
Interruption in gas supply won’t affect power generation at Aboadze – VRA
The Volta River Authority (VRA) says the temporal closure of the Atuabo Gas Processing Plant by the Ghana Gas Company Limited (GGCL) for mandatory maintenance from April 20 to 30, will not affect power generation at Aboadze.
A statement…
Ghana Gas develops employment quota for local people
The Ghana National Gas Company (GNGC), has developed a quota system for employing local people into the company in view of the sacrifices they have made in ensuring the successful completion of the Atuabo gas processing plant.
The…
Group to establish energy sector manufacturers association
A Group of Energy sector operators, has outlined plans to establish an Energy Sector Manufacturers Association that would bring together stakeholders in the industry, to discuss proactive ways to enhance the performance of the sector.…
New EITI reporting requirements robust – Ashiadey
The National Coordinator of Ghana Extractive Industries Transparency Initiative, Mr Franklin Ashiadey has lauded the new EITI reporting requirements, saying it encourages the provision of relevant and reliable information.
“The new EITI…
Vitol seeks MIGA $470m risk insurance for Sankofa gas fields in Ghana
Vitol Holding BV, a Netherlands company investing in the Sankofa Gas Field in Ghana has applied for a guarantee of about $470 million from the Multilateral Investment Guarantee Agency (MIGA), of the World Bank Group.
The company is…
TOR needs $67m to enhance operations – Minister
Petroleum Minister Emmanuel Armah Kofi Buah has said that more than US$67 million would be needed for the Tema Oil Refinery’s (TOR) plant stabilization and profitability enhancement project.
He repeated earlier assurances that the…
Moody’s downgrades Tullow Oil on Ghana ratings
Four days after downgrading Ghana’s sovereign rating from B2 to B3, ratings agency, Moody’s has downgraded Africa-focused oil producer Tullow.
Moody’s also downgraded GCB Bank Limited’s local-currency deposit ratings to B3 from B2, March…
Politicisation of natural resources management is unhealthy – Dr. Twum
Dr Eric Twum, the Chief Executive Officer (CEO) of the Institute of Green Growth Solutions (IGGS), has appealed to government and the citizens not to politicize the issues of natural resource management and governance.
He explained that…