Petroleum firm, Quantum, Sage and Arch Holdings Limited, has vehemently denied claims that it is a foreign-owned entity.
Ghana’s petroleum sector once hailed as a great pillar of economic promise following significant discoveries like the Jubilee field in 2007, is now at a crossroads. Despite its potential, the sector has witnessed a worrying exodus of international oil companies (IOCs) and a stark reduction in exploration and production activities.
In furtherance of its long-standing support to African oil and gas producing countries and development of local content in the continent, the Nigerian Content Development and Monitoring Board (NCDMB) has commenced a five-day knowledge sharing programme with the Petroleum Commission of Ghana.
Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Joseph Dadzie, is of the firm belief that establishing an operational presence in the Western Region would further strengthen GNPC’s position as Ghana’s foremost player in the oil and gas sector.
The discovery of oil and gas reserves has often been heralded as a catalyst for economic growth and development in many places around the world.
Hundreds of workers of Eni Ghana Exploration and Production Ltd have expressed disquiet over the seeming foul play in the unitisation of the Afina discovery in West Cape Three Points Block 2 Area (WCTP2) and the Sankofa field in Offshore West Cape Three Points Block Area (OCTP), which has been in contestation since 2020.
Gross oil production from the Jubilee Field offshore Ghana has been impacted by performance issues with a new producer well, operator Tullow Oil said in an update.
In Ghana, production averaged approximately 41,900 boepd net in the second quarter of 2024. Kosmos lifted four cargos from Ghana during the quarter, in line with guidance.
A Texas federal judge has slapped sanctions against an African energy company after finding that it lied in Ghanaian court about a discovery dispute related to a case in Ghana, saying attorney fees and costs are appropriate in relation to several proceedings.
An operational headquarters of the Ghana National Petroleum Corporation (GNPC) has been inaugurated in Takoradi.
The multimillion-dollar environmentally edifice to be known as the GNPC Energy House comes with smart and energy saving features with enough office spaces to coordinate its activities and host oil and gas industry players and related corporate entities.