Recent reductions in oil production from Ghana’s oil fields should be a wake-up call to the government to diversify its revenue sources in funding its flagship programmes such as the free Senior High School policy(SHS), Dr Steve Manteaw, Co-chair of Ghana Extractive Industries Transparency Initiative GHEITI) has reiterated. He noted that the free SHS policy […]
Springfield Exploration & Production (Springfield E&P), an independent African oil company, has announced the signing of a landmark deal with Northern Ocean Limited (NOL) to contract the Deepsea Bollsta rig. This agreement will lead the appraisal of the Afina-1x well in Ghana’s offshore block WCTP-2, in partnership with the Ghana National Petroleum Corporation (GNPC) and its subsidiary, GNPC Explorco.
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday signed a Memorandum of Understanding (MoU) with the Petroleum Commission, Ghana (PCG) towards developing and deepening local content regulations in Ghana’s upstream petroleum sector. The signing ceremony took place at the sidelines of the 2024 Annual Local Content Conference and Exhibition held at Takoradi, Ghana.
The upstream oil and gas industry regulator, Petroleum Commission, has reaffirmed its commitment to promote sustainable and responsible use of the country’s oil and gas resources to enhance national development.
Springfield Group will test the Afina-1x well on West Cape Three Points Block 2 offshore Ghana (WCTP2) after signing a strategic alliance agreement and contract with Northern Ocean Ltd. for the Deepsea Bollsta drilling unit.
One subject is not on the radar at all in the current political season in Ghana: the prospect of the country’s oil running out and slicing off a significant part of the economy much sooner than anticipated.
Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), Dr Steve Manteaw has stated that Ghana’s oil industry may be affected badly if successive governments fail to attract more investors.
The Public Interest and Accountability Committee (PIAC) has engaged representatives from its 13- Constituent Bodies to discuss how to strengthen efforts to deepen public accountability in the management and use of the country’s petroleum revenues at its Annual General Assembly (AGA) in Accra.
President Joko Widodo expressed his desire to build an oil refinery in Ghana. This was revealed by Jokowi during a bilateral meeting with Ghanaian President Nana Addo Dankwa Akufo-Addo in Casablanca Room, Mulia Hotel Nusa Dua Bali, on Monday, September 2, 2024.
Ghana’s recent groundbreaking ceremony for the construction of a $12 billion petroleum hub in Jomoro marks a pivotal moment in the country’s economic trajectory.