… as SML’s services drive revenue up GH¢2.45bn President Nana Addo Dankwa Akufo-Addo has acknowledged the significant contribution of downstream petroleum audit services provided by Strategic Mobilisation Ghana Limited (SML) to the Ghana Revenue Authority (GRA). A recent audit conducted by KPMG highlighted a clear need for these services. Since their...
It might sound cliche but not at Tullow Ghana. The phrase, ‘local content’ has come to mean the very heart of how it conducts its business. As main operator of Ghana's two main oil fields - Jubilee and TEN - Tullow has a responsibility to harness the oil and...
Tullow has affirmed its commitment to Ghana’s socio-economic growth through its operations in the country. The UK-based multinational oil and gas company, currently operates the two main oil fields in Ghana - Jubilee and TEN. Together with its partners, Kosmos Energy, Ghana National Petroleum Company (GNPC), Petro SA and Jubilee Oil...
The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021 The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi have announced the successful results of the exploration well...
The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021 Abidjan (Côte d’Ivoire), 7 March 2024 - The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in...
By Abdallah ABDUL-MUMUNI (Dr) Ghana's economic landscape has changed dramatically since the early 2010s, when oil reserves were discovered off its coast. However, the journey towards harnessing this newfound economic resource has been confronted with challenges, key among them being the volatile nature of international crude oil prices. In this...
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, says Ghana’s fuel specifications, which are set at Sulphur content of 50 parts per million (ppm) in fuel is the cleanest in the West African sub-region. Dr. Abdul-Hamid was speaking as a panelist on “Downstream Decarbonisation and Circularity...
The President of the African Refiners and Distributors Association (ARDA) and Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid, has reiterated ARDA’s commitment to work with the Organization of the Petroleum Exporting Countries (OPEC), the African Petroleum Producers’ Organization (APPO) and the African Union Commission (AUC)...
As Ghana welcomes the inauguration of Sentuo Refinery, a new player in the oil industry, there is a pressing need to examine not only the economic benefits but also potential environmental and health ramifications associated with its operations. While the refinery promises progress, it is crucial to navigate these...
The Public Interest and Accountability Committee (PIAC) has launched the inaugural Citizens’ Version of its statutory report on the management and utilisation of oil revenues of the country, toward bolstering transparency and empowering the public. This latest release offers a comprehensive overview of petroleum revenues’ utilisation throughout the year 2022. The Citizens’ Version, according...