Exxon is leaving a deepwater prospect in Ghana after seismic work failed to produce good enough results. Bloomberg reports that the supermajor relinquished its whole stake in the Deepwater Cape Continue Reading
A study conducted by the Institute for Energy Security (IES) has revealed that the country is likely to miss a huge opportunity to rake in billions of dollars from the Continue Reading
Sub-Saharan Africa’s first LNG terminal operationally ready Shell to supply LNG under long-term contract with GNPC Africa expected to develop more LNG import infrastructure Ghana is now expected to receive Continue Reading
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Ghana has been one of the bright stars of the oil and gas market in the 2010s, ramping up its crude production from virtually zero to some 215kbpd by the Continue Reading
Ghana’s independent power producers, which produce almost half of the country’s electricity, say they could stop supply over government debt that amounted to $1.4 billion as of June 30. The debt Continue Reading
The Vice President, Dr Mahamudu Bawumia, has said that the country loses over 200 million dollars per annum in tax revenues due to illicit activities in the downstream petroleum sector. Continue Reading
A Ghana-based private company and its local partners have discovered 1.5 billion barrels of oil in place offshore the West African country, the company Springfield E&P said on Wednesday. Springfield Continue Reading
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country’s first exploration licensing round, its energy ministry said. Continue Reading
On October 15 President Nana Akufo-Addo announced the opening of the country’s first open and competitive round of bidding for energy exploration licences, with three offshore blocks being offered. Previously, Continue Reading
