Although some progress has been made in promoting local content in the oil and gas industry, much more is needed to indigenise the sector, General Manager-Engineering at state-owned Ghana National Petroleum Corporation (GNPC), Victor Kofi Sunu-Attah, has said.
After 15 years since discovery of hydrocarbons in commercial volumes and more...
Tullow Oil Plc is optimistic of completing its merger with Capricorn Energy before end of year.
In its half-year report, Tullow said it will host a Capital Markets Day for investors and issue a circular and prospectus in connection with the recommended merger in the fourth quarter, ahead of a...
Tullow Ghana has taken note of publications by a number of Ghanaian media outlets regarding a writ of summons issued against it by the Ghana Oil and Gas Service Providers Association (GOGSPA).
Tullow Ghana confirms that it has entered conditional appearance to the writ of summons by GOGSPA. The matter...
The Ghana Oil and Gas Service Providers Association (GOGSPA) has dragged Tullow Ghana Limited before the Accra High Court, Commercial Division, over alleged violation of local content laws.
The plaintiff is praying the court to halt the defendant from re-awarding any petroleum contract being executed by indigenous companies to foreign...
With health and safety as a priority, Tullow Ghana has attained a remarkable drilling operation without lost time injury. Lost time injury (LTI) refers to any injury sustained by an employee that leads to loss in productivity, and delays in production.
Presently, the Tullow team have impressively clocked over 500...
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:...
The upstream petroleum industry awarded contracts worth US$3.6billion to indigenous companies over the last three years, thereby deepening the local content policy.
The contracts were awarded between 2018 and 2021 by upstream petroleum exploration and production firms as part of efforts to increase local participation, says the Ghana Upstream Petroleum...
(Bloomberg) — Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deepwater oil production in Africa’s largest crude producer.
In letters to two New York federal judges on Aug. 22, the oil majors said they...
The cost of fuel at the pump is of interest to every Ghanaian because of its direct impact on our daily lives. Whether you drive a personal car or use public transport, the changes in the prices of fuel affects your cost of living. Fuel is a key ingredient...
The Group Chief Executive Officer and Managing Director of GOIL, Mr. Kwame Osei Prempeh has paid a working visit to the BOST Terminal at Buipe in the Savannah Region.
The visit was to acquaint him with operations of the terminal facility.
The depot has a total storage capacity 50,000 cubic meters...