Ghana’s Oil And Gas Industry Is A Growing Market- UK
Mr Peter Jones, the British High Commissioner on Monday described Ghana’s oil and gas industry as a growing market that offers substantial opportunities for UK companies to do business. He has therefore called for deployment of highly developed skills to utilize the country’s gas reserves. “With oil production in Ghana expected to…
Ghana to develop local content in oil and gas industry
Mr Emmanuel Armah-Kofi Buah, Minister of Energy and Petroleum says Ghana would under study indigenous companies in sub-Saharan Africa to accomplish her local content in the oil and gas industry. Mr Armah-Kofi Buah said the country’s move to achieve its local content target is shifting to high gear. The Minister made the…
Ghana vows measures against piracy threat to oil, gas industry
TAKORADI, Ghana, March 22 — Ghanaian Minister for the Interior Kwesi Ahwoi on Friday vowed to step up protection of oil and gas exploration off Cape-Three-Points of the Western Region from piracy and other forms of maritime security threat. The minister was speaking at the official sod-cutting ceremony for the construction…
Ghana’s Oil To Attract UK Biz Tycoons
The British High Commissioner, Mr. Peter Jones, on Monday, described Ghana’s oil and gas industry as a growing market that offers substantial opportunities for UK companies to do business. He, therefore, called for deployment of highly developed skills to utilise the country’s gas reserves, saying, ‘with oil production in Ghana expected…
Ghana expects 581 mln USD oil revenues in 2013
Ghana expects 581 million U.S. dollars in petroleum revenues this year, an official disclosed here on Monday. Director of the Real Sector Division of the Ministry of Finance Idrissu Alhassan told the media that the projections were based on a seven-year moving average, as mandated by the country’s Petroleum Revenue Management…
“Be wary of mining, oil contracts”
By Evan Boah-Mensah, theB&FT – Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, has asked policymakers to be wary when negotiating natural resource contracts. She noted with concern that there is information asymmetry in the negotiation of contracts, which tends to profit foreign entities that want to…
