Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has called for a shift in Ghana’s participation in the upstream petroleum industry from securing contracts to building globally competitive indigenous companies capable of owning and leading businesses in the sector. Speaking at the 15th anniversary celebration of the Petroleum Commission of Ghana, Mr Jinapor […]
The Minister for Energy and Green Transition, John Abdulai Jinapor, has revealed that government will soon sign five new petroleum agreements with international firms seeking to enter Ghana’s upstream petroleum sector. According to him, renewed investor confidence in Ghana’s oil and gas industry, driven by strategic reforms undertaken by government, has sparked fresh interest from […]
The government is implementing measures to restore investor confidence, increase exploration, and reverse declining oil production as Ghana seeks to revitalise its upstream petroleum sector, Minister for Energy and Green Transition Dr John Abdulai Jinapor has said. Speaking at the 15th anniversary celebration of the Petroleum Commission, Mr Jinapor said Ghana faced increasing competition for […]
In January-July of this year, AZN 3,708.6 million was invested in Azerbaijan’s oil and gas sector, APA-Economics reports, citing the State Statistical Committee.
Adura, an incorporated joint venture (IJV) between the UK-headquartered Shell and Norway’s Equinor, has confirmed the end of a public consultation period on the development of an oil and gas field in the North Sea. This project on the UK Continental Shelf (UKCS) is now awaiting the UK government’s final call. Adura has welcomed the conclusion of […]
ReconAfrica has flowed natural gas and potential liquids to surface from the Huttenberg formation at its Kavango West 1X (KW1X) discovery well in Namibia, marking the second tested zone at the well to produce hydrocarbons to surface. The result completes the vertical production testing phase at KW1X and clears the way for an open-hole horizontal test targeting up […]
Empire Petroleum Corp. has completed a 21,006-ft re-entry and subsurface evaluation of the Wakefield-Harrison GU B #1 well in Madison County, Texas, advancing its deep-gas development program in the emerging Western Haynesville play. The company re-entered the legacy well, originally drilled in 1959 and subsequently deepened twice, and drilled, underreamed and cleaned out the wellbore to 21,006 ft measured depth […]
Gulf Marine Services (GMS) has secured a 183-day contract extension for one of its Small-class self-elevating support vessels operating in the Middle East, extending work for a major national oil company. The extension was awarded under an existing agreement and will allow the vessel to continue supporting the operator’s offshore maintenance activities without interruption. The contract […]
China has pledged to increase its domestic oil and gas supplies to 440 million tons of oil equivalent, while expanding its long-distance pipeline network by an additional 20,000 kilometers, bringing the national total to 220,000 kilometers by 2030. These targets, unveiled on Monday by the National Development and Reform Commission (NDRC) and the National Energy […]
Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration, Reuters reported.