Ghana Archives - Page 3 of 3

13th August 2020

Occidental Removes Algerian Assets from its Proposed Asset Disposal Programme

Occidental Petroleum Corporation will no longer be selling their oil and gas assets in Algeria. This was made known in a conference call with analysts by the Chief Executive officer...

8th August 2020

More Ghanaians Needed in the Development of Oil and Gas Resources – Nana Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has emphasised on the need for more Ghanaians to actively participate in the development of the country's oil and gas resources. This was reiterated during...

30th July 2020

Tullow Provides H1 Update for Ghana, Equatorial Guinea, Gabon and Côte d’Ivoire

Tullow Oil plc has issued a summary of its operational activities and provided trading guidance for the financial half-year to 30th June 2020. The released information is yet to be...

11th July 2020

Ghana has already lost $1.04 billion in the Oil Sector due to COVID-19 pandemic

The Director-General of the Ghanaian Petroleum Regulator, Egbert Faibille Jr, revealed that the COVID-19 pandemic has caused a shortfall of $1.04 billion for Ghana. Exploration is said to be the...

4th July 2020

Ghana: Over half of the Gas Produced in 2019 had to be reinjected – PIAC Annual Report

In its annual report for 2019, the country's equivalent of an Extractive Industry Transparency Initiative (EITI), the Public Interest Accountability Committee (PIAC) indicated that more than half of natural gas produced...

20th June 2020

Ghana Gas, Others Default on Payment into the Petroleum Holding Fund – Ghanaian AG

In his report to the Ghanaian parliament, Daniel Yaw Domelevo, the Auditor General (AG) of the country, stated that the Ghana National Gas Company (Ghana Gas) and four others have...

6th June 2020

Aker Energy Shifts Towards a Phased Development Approach for Pecan Oilfield

Aker Energy, a subsidiary of Aker SA, which aims to be "Building the oil and gas operator of choice in offshore deep waters of Ghana," has announced that it is...

5th June 2020

GMA, Navy and Marine Police are Jointly Combatting Illegal Bunkering in the Western Region

The Deputy Director and Manager in charge of the Ghana Maritime Authority in the Western Region, Captain William Eson Thompson, said in a collaborative effort with the Navy and the...

29th May 2020

Ghana Encouraged to Diversify and Focus on Other Sectors

The effect of the COVID-19 pandemic on the global oil sector, which has led to a fall in oil prices, is allowing Ghana an opportunity to re-strategize from its dependence...

18th May 2020

Total Backs out of DEAL with Occidental to Acquire Assets in Ghana

French Energy giant, Total SA, has opted out of its deal with Occidental Petroleum to purchase Anadarko assets in Ghana. This comes after a collapse in a proposal to buy...