Ghana Looks To Award Nine Offshore Oil Exploration Blocks
West African country Ghana, a relative newcomer to the oil industry, plans to award as many as nine offshore blocks off its west coast in 2018 and 2019, Ghana’s energy Continue Reading
The World’s Next Oil Hotspot
Crude oil could turn Ghana into one of the fastest-growing economies in the world. This seems to be the message coming from analysts as the West African country is set Continue Reading
Ghana: ‘Exxon Mobil Key to Developing Ghana’s Oil & Gas Industry’
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says close co-operation between Ghana and the world’s largest publicly traded international oil and gas company, Exxon Mobil, will be instrumental Continue Reading
Exxon Mobil signs deal for deepwater oil exploration off Ghana
Exxon Mobil Corp signed a deal with Ghana on Thursday to explore for oil in the Deepwater Cape Three Point offshore (DWCTP) oilfield. The signing followed direct negotiations between Ghana Continue Reading
Ghana Production To Average 200,000 BPD In 2017
Ghanaian oil production will average 200,000 barrels per day in 2017, despite a two-month shutdown at one of the small African nation’s major production facilities. The Jubilee floating, production, storage, Continue Reading
Ghana Mulls Doubling Capacity of Planned Second Oil Refinery
The operator of Ghana’s sole oil refinery said the planned capacity of a proposed second plant could be doubled as the West African nation targets exports to neighboring countries. Tema Continue Reading
Ghana to Miss Deficit Target as Crude Delays Weigh on Income
Ghana will miss its budget deficit target for 2016 because of disappointing oil output and higher-than-expected spending on elections and energy sector debts, Finance Minister Seth Terkper said. West Africa’s Continue Reading
Ghana: Airlines Panic As Nigeria, Ghana Run Out of Aviation Fuel
Foreign airlines operating in Nigeria are panicking over current fuel shortage on the West African coast that may affect their operations especially as the Yuletide season beckons. While Nigeria, which Continue Reading
This African Nation Just Mortgaged Its NatGas Reserves To China
The current downturn in the global oil and gas sector is yielding some innovative approaches to project finance. And one nation this week came up with an unprecedented strategy for Continue Reading
Could Clinton And Big Oil Have Changed Ghana’s Oil Story?
Seven years ago, Ghana was about to become the next thriving economy, basking in the wealth generated by its newly discovered oil and gas. But that scenario never became a Continue Reading