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Shell Ghana to rebrand as VIVO Energy by March

Shell Ghana is hoping to be rebranded as VIVO Energy by end of March this year. The move which is subject to management approval will however affect only its corporate-brand and offices but exclude the service and commercial stations. The rebranding has been necessitated by changes in the shareholding structure of Shell’s businesses in...

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Tullow Oil launches $6 million Scholarship Scheme

Tullow Oil has launched a scholarship scheme worth more than $6million to support 110 young scholars from nine developing countries including 50 from Ghana. The Tullow Group Scholarship Scheme would benefit university graduates with second class upper or first class degrees, and HND holders...

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Class action lawsuit filed against Kosmos Energy in US: Press Release

BOSTON, MA, Jan 24,  – The leading national securities law violations firm Gilman Law LLP announces a securities law violations lawsuit against Kosmos Energy, Ltd. (“Kosmos Energy”) KOS -1.09% and certain of its officers and directors. The suit alleges that the company violated US Federal Securities Laws...

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Tullow Oil launches pioneering African business initiative

Tullow Oil launches pioneering African business initiative

ACCRA, Ghana –  Africa’s largest independent oil company, Tullow Oil plc (‘Tullow’), today kicked off a business initiative aimed at attracting and facilitating further investment in the continent. Known as “Invest...

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Tullow partners Shell for oil explorations

London-listed Tullow Oil Plc has signed a non-binding Memorandum of Understanding with Anglo-Dutch Shell to partner for new frontier exploration in select basins and geological plays around the Atlantic...

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Local suppliers contribute less than 10% in Ghana oil fields production: GNPC

About $6 billion has been pumped into oil activities in Ghana over the last few years with local suppliers contributing less than 10%, according to the Ghana National Petroleum...

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Government tasks GNPC to investigate shortfalls in Jubilee oil production

Emmanuel Agyei, Joy Business – Government has tasked the Ghana National Petroleum Corporation, GNPC to investigate circumstances leading to expected shortfalls in oil production in the Jubilee field. It had...

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Appraisal well offshore Ghana finds light oil

Anadarko Petroleum Corp.’s Ntomme-2A appraisal well offshore Ghana found 128 ft (39 m) net of light oil (35ºAPI) pay. The Ntomme-2A well is 2.8 mi (4.5 km) south of the...

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Tullow puts Ghana’s oil production for this year at 90 thousand barrels

Tullow Oil Plc, the lead company in Ghana’s oil production, said on Wednesday that it expected production at the Jubilee oil field for 2012 to average between 70,000 and...

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UK oil consultant to interact with top Ghanaian managers

The UK Trade and Investment will be hosting a showcase on Aberdeen’s experience in the oil and gas sector at the British High Commission in Accra, Ghana.  Aberdeen has...

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Hess Corp to pump $800m into operations in Ghana

A US-based oil giant Hess Corporation has announced plans to invest about $800 million in its operations in Ghana. This is part of an exploratory budget of 6. 8...

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Cement consumption goes up, Western Region tops due to oil boom

From: Ghana | Radio Maxx | Ebenezer Afanyi Dadzie | Takoradi — Ghana’s leading producer of cement, GHACEM, says the industry saw a record 22% growth in 2011 relative...

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Forum participants want receipts of oil revenue pulished

Participants in the 63rd Annual New Year School and Conference (ANYSC) have called for transparency in the oil and gas sector by the publication of receipts and records of...

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Oil firms must put up permanent structures

The Dean of the Faculty of Social Sciences of the University of Ghana, Legon, Prof.Samuel Agyei-Mensah has asked the government to direct oil companies to put up permanent structures...

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Ghana’s oil has repercussions for women in Western Region – Dr Darkwa

Accra, Jan. 12, GNA –Recent research findings show that Ghana’s oil sector has socio-economic implications on gender, and impacts negatively particularly on women living in the Western Region. Dr...

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Expert challenges Ghana to take full control of its natural resources

Mr Edwin Van-Otoo, Vice-President of Ghana Oil and Gas Service Providers Association, on Wednesday called for visionary leadership in harnessing the country’s natural resources for socio-economic development. He said...

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GNPC to establish fabrication yard

Mr Edward Appiah-Brafoh, Principal Human Resource and Administrative Officer of Ghana National Petroleum Corporation (GNPC) on Wednesday said the Corporation would establish a fabrication yard in partnership with the...

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Ghana’s oil sector needs more transparency – speakers at New Year School

Speakers at a symposium on ensuring transparency in oil and gas revenue management have stated that though Ghana has made some strides in ensuring transparency in the sector, there...

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Cote d’Ivoire claims of oil fields without merit – GNPC

Cote d’Ivoire claims of oil fields without merit – GNPC

The Ghana National Petroleum Corporation (GNPC) says claims of ownership of some of Ghana’s oil fields by neighbouring Cote d’Ivoire do not have merit and will not disturb the...

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Ghana’s Mills confident on vote despite fuel worry

By Kwasi Kpodo, Reuters – Ghanian President John Atta Mills on Monday said he was confident of winning a second four-year term this year though he conceded it had...

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Ghana GDP growth falls to 12%

Ghana's unadjusted GDP growth fell to 12 percent year-on-year in the third quarter of 2011 from a revised 17.6 percent in the second quarter of 2011, Ghana's statistics office said on Wednesday.

Ghana GDP growth falls to 12 percent y/y

ACCRA (Reuters) - Ghana's unadjusted GDP growth fell to 12 percent year-on-year in the third quarter of 2011 from a revised 17.6 percent in the second quarter of 2011, Ghana's statistics office said on Wednesday. The deceleration in one of West Africa's fastest growing economies and newest oil producer came as a surprise with analysts saying it was not immediately evident what had led to the ...

Pioneering African Business Initiative Launched by Tullow Oil

ACCRA, Ghana, January 24, 2012 /PRNewswire/ --This morning Africa's largest independent oil company, Tullow Oil plc ('Tullow'), kicked off a new business initiative aimed at attracting and facilitating ...

Ghana loses second cabinet minister

ACCRA (Reuters) - Ghana's education minister has resigned, the government said on Tuesday, a week after another senior minister was sacked for accusing members of the cabinet of corruption. No official explanation was given for the resignation, but the cabinet turmoil could cast doubt over President John Atta Mills' government ahead of elections later this year. Mills, who has touted his record ...

Anadarko Hits Oil in Ghana Again - Analyst Blog

Independent oil and gas producer Anadarko Petroleum Corporation ( APC ) made another light oil discovery in offshore Ghana. The Ntomme-2A appraisal well successfully drilled oil in the

Kosmos Energy Announces Substantial Oil Encountered in Ntomme-2A Appraisal Well Offshore Ghana

Kosmos Energy announced today that the Ntomme-2A appraisal well, located in the Deepwater Tano Block offshore Ghana, has successfully encountered significant quantities of light oil.

Appraisal well offshore Ghana finds light oil

Anadarko Petroleum Corp.’s Ntomme-2A appraisal well offshore Ghana found 128 ft (39 m) net of light oil (35ºAPI) pay. The Ntomme-2A well is 2.8 mi (4.5 km) south of the Tweneboa-3 side track, in 5,675 ft (1,730 m) of water.

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