Ghana is set to build its third Floating Production Storage and Offloading (FPSO) vessel as part of the process to make the country an oil hub in West Africa.
Since the inception of oil and gas operations offshore Ghana, several private initiatives have come up to support the industry to operate within international standards.
Ghana has generated 1.8 billion dollars from its oil revenue since 2011, Dr Mohammed Amin Adam, Executive Director of the Africa Center for Energy Policy (ACEP), said on Friday.
TELECOM companies have suffered an upsurge of fibre optic cable cuts mainly caused by road construction across the country in spite of making several reports to the Ministry of Roads and Highways. Currently there are six telecommunications companies operating in the country.
THE General Manager of MTN Business, Mr Eric Nsarkoh, has called for support in the area of tax reliefs for companies which provide cashless transactions in the country.
The International Institute of ICT Journalism, otherwise called Penplusbytes is partnering the Africa Centre for Energy Policy (ACEP) to develop a digital platform to enable citizens participate in the oversight role of monitoring Ghana’s oil and gas sector.
The Minister of Energy and Petroleum, Mr Emmanuel Armah Kofi Buah, has said it is important to support the Volta River Authority (VRA) with operational and maintenance experts at the Takoradi Thermal Plant.
British exploration firm Tullow Oil has discovered oil and natural gas deposits even as its Canadian partner Africa Oil also announced that it had discovered gas at another site in northern Kenya.
Private developers have encroached on the buffer zone created around the 110-kilometre multi-million dollar gas pipeline from the Atuabo Gas Processing site in the Ellembelle District to the Aboadze Thermal Plant in the Shama District in the Western Region.
Kosmos Energy, an oil company, has so far invested $3 billion in Ghana’s oil sector. It has also decided to invest additional $2 billion in the sector which will go a long way to offer more employment opportunities to the people.
The fifth Women’s International Shipping and Trading Association (WISTA), Ghana Africa Conference, has ended with a call on the government to take advantage of the oil boom in the country to establish an all purpose university to focus on oil and gas.
The 5th training programme for 30 journalists working in the oil, gas and mining sectors drawn from Ghana, Uganda and Tanzania has opened in Kampala, Uganda.
A portion of an old dump site located on the main Ablekuma-Anyaa Highway that has since 2012 been put under preparation for a biogas project is now being converted into a gas filling station.
There is a looming controversy over which entity has the right to process gas from the country’s oil fields, as some of the oil companies which have discovered only gas deposits offshore insist they want to process before passing on to Ghana National Gas Company (Ghana Gas).
The Africa Centre for Energy Policy (ACEP) is worried that Ghana's oil and gas industry may be exposed to international ridicule following the alleged forging of the signature of the Minister of Energy and Petroleum by an employee of Miura Petroleum, an oil firm claiming the right of first negotiation over the Offshore Cape Three Points South (OCTPS) block in Ghana.
The Minister of Energy and Petroleum, Mr. Emmanuel Armah Kofi Buah will on Monday open a two-day Oil and Gas thematic Convention in Takoardi to help stakeholders identify emerging issues and opportunities for engagements to build a win-win relationship. among all stakeholders.
