Govt must step in to address ENI and Springfield misunderstandings – Oil Expert

• The Oil production specialist said it is important for the government to step in to help address the misunderstanding between the two oil companies • He said other industry…

We are working to find acceptable solution to unitisation stalemate – Eni

Eni and Vitol say they are working with the Ministry of Energy and Petroleum Commission and GNPC to find a mutually acceptable solution to enable the Country to capitalise on…

Tullow reaffirms confidence in Ghana investments

The Chief Executive Officer of Tullow Oil, Mr Rahul Dhir, has predicted that oil and gas will remain an integral part of the global economy, including Ghana’s, for some time…

ExxonMobil exit: IES proposes operatorship status for GNPC;

The Executive Director of energy think tank Institute for Energy Security (IES), Nana Amoasi VII, says government should empower the Ghana National Petroleum Corporation (GNPC) to take over the exploitation…

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…
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