Upstream Reactivation Plan enables an investment of US $ 400 million in 2022 to increase gas and oil production and replenish reserves in Bolivia

The Minister of Hydrocarbons and Energies, Franklin Molina, reported that the Upstream Reactivation Plan enables an investment of US $ 400 million in 2022, which will be used to carry out hydrocarbon exploration and exploitation projects that allow replenishing the reserves and increasing the production of gas and oil

Here’s why oil blocks 5 and 6 were reserved for direct negotiations ?

Director of Petroleum at the Ministry of Energy, Benjamin Kwame Asante, has disclosed why blocks 5 and 6 of Ghana’s oil were reserved for direct negotiations and not open for licensing round.According to him, these blocks are in deep water hence, requires people who have experience in deepwater exploration to negotiate for its bidding.He furthered […]

Kosmos Energy makes progress in oil production amidst coronavirus

Kosmos Energy is a major player in Ghana oil production ecosystem. Mr Joe Mensah, Senior Vice President and Head of Ghana Business Unit, Kosmos Energy, says the deep-water oil and gas exploration and productioncompany made a steady leap in production despite the effects of the COVID-19 pandemic. The Senior Vice President, speaking in an interview […]

First locally owned vessel for the oil sector unveiled in Takoradi

The first Ghanaian-owned vessel known as the MV Flat Confidence for the oil sector has been unveiled in Takoradi.
Owned by FlatC Marine Offshore Limited, the 71-meter long and 19-meter-wide vessel will provide hold back support during oil export operations at
the CALM Buoy and deck cargo supply services to both of Tullow’s FPSOs – Kwame Nkrumah and John Evans Atta Mills.