at the Ghana Nigeria Business Council Former Miss Malaika beauty queen Ama Osei Sarpong (formerly, Ama Nettey), hosted oil and gas industry experts in a panel discussion on Tuesday 18th October 2022 in Dunwoody, Atlanta, Georgia, USA on the theme: Boosting the Energy Sector to increase further investment. This year’s...
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has for the second time emerged as the ‘Public Sector Chief Executive Officer’ for the year 2022 at the Ghana Business Awards, held at the plush Kempinski Hotel in Accra. It will be recalled that the NPA boss...
Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, has described the National Science and Math Quiz (NSMQ) as a good project, encouraging the study and promotion of Science Technology Engineering and Mathematics (STEM) in the country. According to him, as the national oil company, GNPC recognises...
The Bulk Oil Storage and Transportation Company Limited (BOST) is positioning itself to take advantage of a GH¢970million oil re-export market in landlocked nations within the sub-region. BOST, which recorded its first profit for 10 years in 2021 - a return of GH¢161million, said it can fully take advantage of...
The Ghana Revenue Authority (GRA) is in pursuit of some eight international oil companies (IOCs) to recover outstanding Surface Rentals payments owed the country, which for the 2022 half-year alone total US$2.7million. This is out of an estimated US$3.4million Surface Rentals payment expected to have been received in the period...
In order to advance and strengthen cooperation between the two nations in the oil and gas industry, the Ghana National Petroleum Corporation (GNPC-Ghana) and the Gambia National Petroleum Corporation (GNPC-Gambia) have renewed their Memorandum of Understanding (MOU), which was initially signed in 2019. The new MoU extends cooperation between the...
The country recorded 25.8 million (bbls) of crude oil in the first half-year of 2022 from its three offshore producing fields - Jubilee, Tweneboa Enyera and Ntomme (TEN) and Sankofa Gye Nyame (SGN), a reduction of about 1.9 million barrels from the previous year’s production. Jubilee recorded 14.9 million bbls,...
Energy Minister Dr. Matthew Opoku Prempeh - together with senior officials of the Petroleum Commission, Ghana National Petroleum Corporation (GNPC) and GOIL - is in Houston-Texas, USA, on an oil and gas roadshow. The delegation also includes officials from Base Energy and is seeking to promote five available oil blocks...
The Public Interest and Accountability Committee (PIAC) is demanding answers on why US$100.7million was not paid into the Petroleum Holding Funds as required by law. The amount relates to 944,164bbls of crude liftings made by JOHL, a subsidiary of Ghana National Petroleum Corporation (GNPC) that holds 7 percent interest in...
Tullow Ghana is confident of reaching a gas commercial deal with government that will see the company supply a minimum 200 million cubic feet of gas per day (MMcf/d) over the next 13 years. The company has been supplying foundation gas to the state at no cost since it began...