Deputy Minister of Energy, responsible for Petroleum, Dr. Mohammed Amin Adam, has disclosed that government has decided to pursue an Aggressive Exploration Campaign in a bid to safeguard reserves and sustain production in the upstream oil and gas sector. Speaking to journalists at the launch of the Petroleum Register, he...
For the first time in the history of the Offshore Technology Conference (OTC), which is held annually in the American city of Houston, Ghana will have a Pavilion at the April 30 to May 3, 2018 event. This is according to the Commercial Section of the United States Embassy in...
Implementation of the Cylinder Recirculation Model, which is expected to begin this year, will create an estimated 4,500 new jobs along different levels of the supply chain. An official statement from the Corporate Affairs Division of the National Petroleum Authority (NPA) said: “Direct job losses are estimated to be about...
Ghana Oil Company Limited (GOIL) has expressed interest in moving upstream to become a major player in the exploration and production business. Its Board Chairman, Kwamena Bartels, told shareholders at their 49th Annual General Meeting that the company intends to partner an international player with proven technical competence to operate...
Government is set to establish a refinery in Takoradi that will refine 150, 000 barrels of oil per-day, Energy Minister, Boakye Agyarko has revealed. The “new TOR”, as the Minister terms it, will be will reduce significantly, the amount of oil the country imports to meets its demands, and to...
Local participation in the upstream oil and gas sector will receive a major boost as the regulator, Petroleum Commission, moves to bridge the information gap in the award of procurement contracts through the first ever Local Content Procurement Conference. The aim of the conference is to provide a common platform...
A total of 1,000 Ghanaians will receive training annually as part of the newly launched Accelerated Oil and Gas Capacity Programme (AOGC), President Nana Akufo-Addo, has said. Two hundred Small and Medium Scale Enterprises (SMEs) will also be provided with the capacity to gain a competitive advantage in the industry...
The Ghana Oil Company Limited (GOIL), Petroleum Commission of Ghana and Ghana Ports and Harbour Authority (GPHA) Takoradi have expressed confidence in curbing the menace of illegal bunkering that has damaged the country’s oil and gas. After an inspection by a delegation from the Petroleum Commission at the US$15m Marine...
Mr. Ernest Owusu-Bempah, Communications Director of Ghana National Gas Company (Ghana Gas) has stated that government, is determined to establish a fertilizer factory at Jomoro District in the Western Region using Isopentane. “Isopentane is a by-product which has immense importance from the gas plant; the fertilizer factory, is in line...
United Kingdom (UK) Prime Minister’s Trade Envoy to Ghana, Adams Afriyie, has led a delegation of 18 Scottish companies to sign MOUs that will enable capital investment in Ghana’s oil and gas industry. The partnership is to ensure that the right equipment is used so as to build the capacity...