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Oil & Gas
Ghana says will prevent financial leakages in extractive industry
President John Dramani Mahama on Saturday gave the assurance that government would put in place adequate measures that would prevent financial leakages in the oil and gas and the general extractive industry.
He said: “In Ghana, government…
Oil threatens coconut in Western Region
The coconut crop is grown extensively in the three districts of the southern part of the Western Region - Jomoro, Ellembelle and Nzema East. These three districts account for more than 80 per cent of the country’s coconut production.…
Gas pipeline workers want better working conditions
About 200 workers engaged in various gas pipeline projects in the Western Region could lose their social security and other entitlements because their employers, Sinopec International, is allegedly not honouring such entitlements.
They are…
Coastal communities complain oil industry threatening livelihood
Representatives of the six coastal districts along the Jubilee Oil Field off Cape Three Points in the Western Region, have complained that the oil industry is gradually threatening their livelihood.
They said contrary to expectations that…
Think tank commends Tullow, Kosmos for transparency but …
The Africa Centre for Energy Policy (ACEP), a think-tank in the energy and extractives industries has commended Kosmos Energy and Tullow Oil for satisfying some major requirements for deepening transparency and accountability in the oil and…
Jubilee partners confirm approval of Ghana’s second oil project
Kosmos Energy and Tullow say the Ghana government has approved the Plan of Development (PoD) for the Tweneboa-Enyenra-Ntomme (TEN) oil project.
Both explorers confirmed the approval in separate statements today May 30, 2013.
According to…
Ghana government, Jubilee partners disagree over oil project
There is disagreement between the government and the Jubilee partners over the implementation of the Tweneboa, Enyina and Ntumme (TEN) oil project in the Western Region.
While the government requests the Jubilee partners to drill the…
P.V. Obeng calls for spatial planning for coastal districts along Jubilee oilfields
Mr Paul Victor Obeng, Senior Presidential Advisor, on Tuesday underscored the need for effective spatial planning for the six coastal districts along the Jubilee Oil Field in the Western Region.
This, he said, should address the fast…
Kosmos still eyes Ghana bourse listing
The Chief Executive Officer of Kosmos Energy, Mr Brain Maxted, has stated that the company has not abandoned its quest to offload part of its stake on the Ghana Stock Exchange (GSE).
“Our dream of listing on the exchange is still alive…
Ghana says over $20b to be invested in petroleum sector next five years
The Ministry of Energy and Petroleum has project that more than $20 billion will be injected into the country’s petroleum activities in the next five years, the sector Minister, Emmanuel Armah-Kofi Buah, has said.
He said the focus of the…