OPINION: Investigate Ghana National Petroleum Corporation – IMANI’s Franklin Cudjoe
Executive Director of the IMANI Ghana, Franklin Cudjoe has called on President John Mahama to launch investigations into the management of the Ghana National Petroleum Corporation (GNPC) in connection with “PetroSA’s alleged payment of bribes (some US$20m) in its recent purchase of Sabre and Gas Holding Ltd in Ghana.” According to…
Border dispute doesn’t distract us – Kosmos Energy
KOSMOS Energy Ghana says it is not distracted by the raging maritime border dispute between Ghana and Cote d’Ivoire, as it continues to develop some of its oil blocks in the disputed area. The company said the International Criminal Court (ICC) had not restrained Ghana and the oil exploration and production…
Statoil takes 35 pct stake in Ghana licence
(Reuters) – Norwegian oil and gas firm Statoil said on Wednesday it agreed to take a 35 percent working interest in the Deepwater Tano/Cape Three Points deepwater licence offshore Ghana from Hess through a farm in agreement. Statoil will assume a 35 percent working interest in the licence and carry a…
Ghana: Allow GNPC to Play By the Dictates of the Industry – Opinion
The issues of efficient and most beneficial use of Ghana’s oil revenues will continue to dominate public discourses around the management of the oil and gas sector. From the rather passionate debate on whether or not to collateralise Ghana’s share of production, through the contestations around how much to spend…
Jubilee field pump 30million barrels
By J. Ato Kobbie, Managing Editor [The Business Analyst]– Crude oil lifted from Ghana’s Jubilee Field, over the weekend crossed over the 30-millionth barrel of Jubilee Oil, since the field started production on November 28, 2010. The 30 millionth barrel pumped from the field was reached following the successful lifting of…
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 Corporation (GNPC). The expenditure was made on exploration, development and production activities at the Jubilee oilfields as well as others in Ghana,…
