Tullow Ghana has concluded a 10-month Supplier Finance Readiness Programme designed to provide selected suppliers impacted by the COVID-19 pandemic in the oil and gas industry in Ghana, financial and business advisory support to build financially resilient and sustainable businesses for the future.
The programme, which was implemented by Invest...
Genser Energy on Wednesday announced that it has successfully achieved financial close for an eight-year USD425m funding package.
The funds, which comprise a syndicated senior loan facility of USD325m and a USD100m mezzanine loan facility, will be used to refinance existing debt and finance the next phase of expansion projects...
Officials of the Ministry of Energy and National Petroleum Authority (NPA) have toured the newly renovated facilities of Sigma Ghana, a multinational company with 4 ISO certifications and over 24 years of experience manufacturing LPG cylinders in Ghana. The facilities after renovation now have a capacity of producing 1.2...
Oil marketing companies must work toward a more sustainable and environmentally friendly business model, one that will not only help the environment but the industry as a whole, CEO of African Energy Consortium Kwame Jantuah has said.
To do so, he argues, a balance must be struck between development and...
Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, has assured that his outfit will explore a middle-ground for exploiting the country’s natural resources in an eco-friendly and effective manner, in partnership with other African national oil companies (NOCs).
At the meeting of heads of NOCs...
The Deputy Chief Executive National Petroleum Authority (NPA), Curtis Perry Okudzeto, led a delegation to pay a working visit to the Ministry of Petroleum of Niger at the weekend.
The visit was part of the NPA’s vision of deepening the economic relationship between Ghana and Niger in the light of...
The Ghana National Petroleum Corporation (GNPC) has officially commenced decommissioning the Mr. Louie platform in the Saltpond oil field.
The decommissioning project is estimated to last 12 months. Being the first decommissioning project of its kind in Ghana, GNPC and its lead contractor, as well as other relevant stakeholders, showed...
Record-high fuel prices mean government can no longer ignore the glaring need to revamp Tema Oil Refinery (TOR), says Institute for Energy Security (IES).
Ghanaians are staggering under rising fuel costs, with prices having risen about 50 percent in the first five months of this year alone.
The 45,000 barrels per...
The National Petroleum Authority (NPA) and its counterpart in Lesotho, the Petroleum Fund, are collaborating to improve efficiency in the petroleum downstream in both countries.
In furtherance to the collaboration, a team from the Petroleum Fund, led by its Chief Executive Officer, Mr. Thato Mohasoa, paid a courtesy call on...
The National Petroleum Authority (NPA) says refining crude oil in the country for petroleum products will only guarantee security of supply of the commodities, but it will not have any significant impact on the prices.
“In terms of petroleum products prices, refining crude oil locally will not have any significant...
