Aker Energy Ghana Limited has reaffirmed its commitment to finding a solution that will allow for the commencement of a phased development of the Pecan field offshore Ghana. “In a time when most other E&P companies are putting development projects on the shelf due to the COVID-19 situation and historic...
...as it kicks against plans to turn Ghana Gas into aggregator It is high time Ghana stopped the continuous political experimentation with gas resources, the Africa Centre for Energy Policy (ACEP) has said - insisting that government halts the proposed plan to make Ghana National Gas Company (GNGC) a gas...
The Ghana National Petroleum Corporation (GNPC), through its subsidiary, Exploration and Production Company Limited (GNPC Explorco) plans to buy a 37 percent interest in Deep Water Tano/Cape Three Points (DWT/CTP) owned by Aker Energy Ghana Limited and 70 percent stake in the South Deep Water Tano (SDWT) operated by AGM Petroleum Ghana Limited. The deal came to public knowledge after Energy Minister, Dr. Matthew Opoku Prempeh requested parliament to approve loan of US$1.65 million...
The burden of Ghanaians will be worsened if government fails to withdraw its decision to increase margins on some petroleum products, Institute for Energy Security (IES), has warned. The think-tank  in a statement, described the decision by the National Petroleum Authority (NPA), which saw GHp3 per litre added on all...
Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has lamented the inefficiencies within management of the country’s resources - which he underlines has been a critical setback to increasing Ghana’s crude oil production. Ghana has signed eighteen petroleum agreements/contracts (PAs) since 2004 covering its offshore basins:...
An application filed by operator of Ghana’s Sankofa oil field, ENI, and its partner, Vitol Upstream Ghana, at an Accra Commercial High Court, to quash an order of 30 percent of revenue to be paid to the court registrar, has been described by the Supreme Court as having no...
GOIL has inaugurated its refurbished Kaneshie-Odorkor service station in Accra, and renamed the Atico Junction Service Station. The newly renovated station now has two pump islands with four nozzles each to serve customers with GOIL’s high grade fuels, Super XP RON 95, and Diesel XP. The station is also equipped with...
The Minister of Trade and Industry, Kobina Tahir Hammond has paid a working visit to the Sentuo Oil Refinery Ltd. (SORL), touting the project as a good prospect to see to an end Ghana’s refinery problems. The project which is in accordance with government’s “One District One Factory” (1D1F) development...
The Ghana Extractive Industries Transparency Initiative (GHEITI) has made a strong case for the Ghana National Petroleum Corporation (GNPC) to be listed on the Ghana Stock Exchange (GSE). It said listing the state-owned oil company on the stock market will enable it to raise significant capital, improve its corporate governance...
The Ghana Upstream Petroleum Chamber has called on the Secretary to the Economic Management Team, Prof. Joe Amoako-Tuffour, in the Vice President’s office at Jubilee House. The team was led by Mr. Joe Mensah, Senior Vice President & Head of Kosmos Energy Ghana; Chairman of the Council of the Chamber,...