The impact of oil production on the culture of Ghana
DALLAS (BUSINESS WIRE) — Kendall Law Group, led by former federal judge Joe Kendall, today announced that a lawsuit has been filed against Kosmos Energy, Ltd. for securities violations concerning their initial public offering. The complaint, filed in Dallas, Texas, charges Kosmos Energy and certain of its officers and directors with violations of the federal...
Ghana’s seaport of Takoradi has regained its former vibrancy in the past year since President John Atta Mills turned the wheels to mark the production of first oil. As the numbers of expat oilman increases, so does the prostitution. by Francis Kokutse, Takoradi As an old harbor city and the western regional capital, Takoradi...
The Board of Governors of Ghana Oil Company, GOIL has denied booting out the Acting Managing Director,MD of the company Kojo Bonsu for non performance. There have been media reports that Kojo Bonsu has been axed because he failed to live up to expectation and also tried to stall the appointment of a substantive...
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 with distinction drawn from Ghana, Uganda, Gabon, Cote D’Ivoire, Kenya,...
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 by issuing false and misleading information concerning the Company’s overall...
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 in Africa”, the programme aims to encourage long-term investment across the continent to help build and develop local capacity, boost domestic job markets, develop skills...
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 been estimated that the field would produce on the average, 120 thousand barrels of oil a day. The target is however yet to be achieved...
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 90,000 barrels. “Gross Jubilee production is currently over 70,000 barrels per say and following a number of remedial activities is expected to average 70,000 to...
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 grown from a fishing port in the 1960’s to a global centre of excellence in the oil and gas industry. In many ways, it can...
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 to 2010, attributing this to the robust economic growth witnessed in the country in the year under review. The Managing Director of GHACEM, Mr. Morten...
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