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)…

Oil price rises towards $72 on demand prospects

Brent crude strong despite concerns about patchy Covid-19 vaccination rollout around the globe Oil rose towards $72 a barrel on Friday, trading close to a two-year high as Opec+ supply…

ACEP identifies the actual reasons for Exxon’s exit

The Africa Center for Energy Policy (ACEP) has revealed the main reasons for the exit of ExxonMobil from Ghana. After weeks of speculations, the government confirmed on Tuesday June 1…

Eni investment in Sankofa hits US$6bn

Italian energy giant Eni, operator of the Offshore Cape Three Points (OCTP) oil and gas project, says it has invested US$6bn so far in the project, with a total estimated…

We are working to resolve unitisation stalemate – ENI

The lead operator of the Offshore Cape Three Point (OCTP), Eni Ghana has assured that it is working with the relevant authorities in the country’s upstream petroleum sector to find…

Ghana remains attractive for oil, gas business — Ministry

The Ministry of Energy has given an assurance that Ghana’s upstream petroleum industry remains inspiring and attractive to investors, in spite of the exit of ExxonMobil. It said ExxonMobil, which…

ENI, Springfield impasse: PIAC calls for independent reassessment of fields

The Technical Director of the Public Interest and Accountability Committee (PIAC), Mark Agyemang, has asked the parties involved in the Eni and Springfield unitisation directive to come to the negotiation…
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