Jubilee partners invest over $19bn in oil fields since 2010, paid $6bn in taxes;

The Managing Director of Tullow Oil, Wissam Al Monthiry, has disclosed that the Jubilee partners have invested more than $19 billion in Ghana’s oil fields since it started exporting oil…

Ghana prepares to construct second local gas processing plant;

Seven years after Ghana’s first-ever natural gas processing plant commenced operations, Ghana Gas is planning to construct a second gas processing plant and there is a confident, well placed expectation…

Review petroleum agreements, improve fiscal regimes to reverse dwindling fortunes – IES to government

The Institute for Energy Security is urging government to improve its fiscal regimes, review Petroleum Agreements (PAs), and resource the state oil company to achieve Operatorship status, without the usual…

‘Ghana has no maritime boundary dispute with Togo’

The Chief Director of the Ministry of Energy, Mr Lawrence Asangongo Apaalse, has assured global oil companies interested in operating in the country that Ghana has dispute-free maritime boundaries with…

Oil blocks to be allocated based on competitive bidding;

The first-ever competitive bidding for the allocation of oil blocks to companies in the petroleum upstream sector will be launched on October 5, this year. The new regime, which is…

Blame ENI for being uncooperative in Afina and Sankofa fields unitization talks – Springfield;

Springfield noted it has always been cooperative with this move but same cannot be said of ENI• Springfield Oil exploration said they made efforts to have talks with ENI but…

Strategic options for Ghana as Exxonmobil exits ― IES

ExxonMobil is one of the world's largest publicly traded international oil and gas companies ExxonMobil’s long-term growth strategy is hinged on advantaged projects, industry-leading growth opportunities and favorable cost environment,…

We’ve met conditions for unitisation – Springfield;

Ghana’s premier international oil and gas company, Springfield Exploration and Production (Springfield), has expressed its commitment to the unitisation of the Afina-Sankofa fields for the benefit of all stakeholders, especially…

Let’s assess unitisation of oil fields — Egyapa Mercer;

The Deputy Minister designate for Energy, Mr Andrew Egyapa Mercer, has called for a third party assessment on the unitisation of the Springfield and the ENI oil fields. He said…

Multi-stakeholder approach needed to solve energy transition challenges;

A dialogue on “Energy Transition and Implication for Ghana’s Oil Industry” has recommended a multi-stakeholder approach (government, private sector, think tanks, non-governmental organisations, academics) to solve the Energy Transition (ET)…
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