Puma Energy has been named the Best company in Employee Safety and Security Management Practices, and Best Company in Health and Safety Campaign at the second edition of the Health, Environment, Safety and Security (HESS) Awards held at the Kempinski Hotel in Accra.
The event, which sought to create awareness,...
… Pegs 10 cent per kilowatts hour as maximum selling price
Barely two weeks after the commissioning of the nation’s first Hydro-Solar Hybrid power generating system, which includes a 5 Megawatts (MW) floating solar system, the first in West Africa, the Bui Power Authority (BPA) has been inducted into...
ExxonMobil has abandoned the country’s upstream hydrocarbon industry, a move the Institute for Energy Security (IES) says is strategic and will help it concentrate on quality assets in other jurisdictions.
Consistent with ExxonMobil’s global position, IES said the oil major might have decided against pursuing its Ghana business because the...
The Managing Director for Tullow Ghana, Wissam Al Monthiry, has reiterated Tullow’s intent and commitment to continue investing in Ghana through its ambitious Ghana Value Maximisation plan.
Under the plan, Tullow and its partners will invest over US$4billion over the next 10 years to maximise value from the Jubilee and...
The first Ghanaian-owned vessel known as the MV Flat Confidence for the oil sector has been unveiled in Takoradi.
Owned by FlatC Marine Offshore Limited, the 71-meter long and 19-meter-wide vessel will provide hold back support during oil export operations at the CALM Buoy and deck cargo supply services to...
Petroleum revenue contribution to the national budget over the last 10 years has been estimated at US$2.6billion, which is out of a total of US$6.55billion in petroleum receipts (equivalent to 9.97 percent of Ghana’s 2020 GDP) earned between 2011 and 2020 by the Ghana Group from its three producing...
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,...
Q: It’s a new year and what should Ghanaians expect from the oil and gas industry with regards to revenue to government, exploration and production?
A: Government will continue receiving royalty, taxes and oil liftings as per the provisions of the Petroleum Agreements it has signed with the different companies...
The public have been urged to properly secure filled LPG cylinders in their car boots during transportation to avoid rolling and unsafe movement of the cylinders.
This is to prevent the filled cylinders from being over-pressured - which can affect the pressure reliever, as that could result in the LPG...