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Oil production dip wake-up call for alternative revenue source – Dr Manteaw

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 E&P Secures Major Offshore Drilling Deal to Bolster Ghana’s Oil Production

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.