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Oil & Gas
Secret oil deals with Swiss companies cost Nigeria billions of dollars – Report
Switzerland must boost transparency and regulation of Swiss and Swiss-registered oil traders, whose practices are draining billions of dollars from Nigeria and complicating impressive efforts to reform Nigeria’s oil industry, including…
Group backs Ghana’s local content regulations for oil industry
The Ghana Oil and Gas Service Providers Association (GOGSPA), on Wednesday welcomed the passage the Petroleum Local Content and Local Participation Regulations, 2013 (L.1.2204).
This GOGSPA said, was achieved despite stiff opposition from…
Sale of GNPC drill ship not value for money — Tsatsu
A former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr Tsatsu Tsikata, says the sale of the corporation’s drill ship to offset its indebtedness to Societe Generale (SG) did not give money for value.…
Ex-Energy Ministers justify sale of Ghana drill ship but $3.5m still unaccounted for
Two ministers of Energy in the Kufuor administration say the sale of a Ghana National Petroleum Corporation (GNPC) drill ship in 2001 had been a prudent decision taken by the government to rescue the ailing corporation from financial…
Jubilee partners say won’t flare gas at TEN
Tullow Ghana Limited and its partners will strictly observe their “No gas flaring” policy at the proposed Tweneboa, Enyenra and Ntomme wells, Mr Gayheart Mensah, Communication Director of the project which is also known as TEN Project, said…
Ghana’s Parliament adopts local content regulations for oil industry
Ghana’s Parliament has approved regulations for local content in the country’s oil industry.
The regulations aim at providing a transparent monitoring system to meet the objectives of the government’s local content policy.
After a report…
Ghanaian centre to boost local content in oil industry to be fully operational in 2014 –…
As part of measures to promote local content and participation in the petroleum industry, an Enterprise Development Centre in Takoradi with support from the Jubilee Partners will be fully operational in the course of 2014.
The Centre would…
Jubilee partners assure Ghanaians of environmental safety
The Jubilee Partners led by Tullow Ghana Limited, the major operators of the Jubilee Oilfield in the Western Region, on Monday re-assured Ghanaians that they had undertaken contingency measures to mitigate any negative impact on the…
Tullow says TEN project to cost $5b
The development of the Tweneboa, Enyenra and Ntomme oil wells by Tullow Ghana Limited and its partners is estimated to cost $5 billion, Mr Gayheart Mensah, the Communication Director of the project, announced on Monday.
He was speaking at…
Integrate Ghana’s oil & gas industry into local economy — Petroleum Commission
The Chairman of the Petroleum Commission, Professor Ivan Addae-Mensah, has called for linkages to be established between the oil and gas industry and other sectors of the economy to generate resources that can be used for the rapid…