Category: Oil And Gas
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Energy Ministry plans review of petroleum laws to protect local content in upstream sector
A review of the petroleum regulations in the upstream sector to amend some sections of the petroleum laws has begun. When amended, the new regulations will allow state oil companies such as the GNPC and GOIL to take up the 5% indigenous stake in oil contracts to make it easier for international companies to invest…
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IFS demands new law to restrict GNPC’s activities; ensure more transparency
The Institute for Fiscal Studies (IFS), a policy think tank, has called for the passage of a new law that will rein in the non-oil related activities of the Ghana National Petroleum Corporation (GNPC) as well as make them more accountable. The institute’s latest Policy Brief entitled ‘Assessing Management of Ghana National Petroleum Corporation Revenue,’…
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History-making Springfield’s deepwater drillship on its way to Ghana
The deepwater drillship contracted by Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, is on its way to Ghana to commence the drilling of the deepwater West Cape Three Points Block 2 (WCTP Block 2). The ship’s movement was confirmed by the founder and Chief Executive Officer of the Springfield Group, Kevin…
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Government collaborates with Canada to train Ghanaian welders
The implementation of the new Liquefied Petroleum Gas (LPG) cylinders recirculation policy is expected to generate about 4,500 new jobs and guarantee the jobs of people already employed in the industry. This was disclosed by the Chief Executive Officer (CEO) of the National Petroleum Authority (NPA), Mr Hassan Tampuli at the Liquefied Petroleum Gas (LPG)…
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LPG cylinders recirculation policy to generate 4,500 jobs
The implementation of the new Liquefied Petroleum Gas (LPG) cylinders recirculation policy is expected to generate about 4,500 new jobs and guarantee the jobs of people already employed in the industry. This was disclosed by the Chief Executive Officer (CEO) of the National Petroleum Authority (NPA), Hassan Tampuli at the Liquefied Petroleum Gas (LPG) cylinder…
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#GhanaRising: Private sector must truly become Ghana’s engine of growth – Ahomka-Lindsay
For Ghana to forge forward in its development agenda, the private sector has to truly become the engine growth of Ghana. This can be possible if the government is able to create a congenial environment for businesses to thrive as well as businesses producing competitive products that meet international standards. A Deputy Minister of Trade…
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Ghana Rising Conference opens today in Accra
Captains of industry, policymakers and other key stakeholders will today converge at the Kempinski Gold Coast City Hotel in Accra for the much talked about Citi TV/FM Ghana Rising Conference. The goal of the one-day conference is to fashion out deliberate policies that will allow Ghanaian indigenous businesses to be able to boost their capacities…
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Ghana Hosts 3rd Annual Africa Oil & Gas Local Content Sustainability Conference
National, regional and international oil and gas industry Local Content Experts will gather in Accra, Ghana, for the third edition of the annual Africa Oil & Gas Local Content Sustainability Conference & Exhibition (ALC2019). The two-day event, which is under the theme, “Shaping the Futurethrough Sustainable Local Content Policies”, takes place from 10-11 October 2019 at Mövenpick Ambassador Hotel in Accra. Ghana National Petroleum Corporation (GNPC) is the host National Oil Company (NOC) of ALC2019, which has been endorsed…
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Article: BOST abandons pipeline infrastructure at the expense of the state
In meeting the growing demand of petroleum across the globe, oil and gas pipelines will continue to play vital roles in safely, reliably and efficiently transporting the energy commodities over long distances from their sources to end-users or consumers. Of the various modes of bringing petroleum products to the market (e.g. ocean, road, pipeline and…
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Transport fares up by 10 percent effective September 16
Public transport fares have been increased by 10 percent. The increment will take effect on Monday, September 16, 2019. This increase covers intracity travel, intercity travel and taxi cabs according to a statement from the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council. The statement said the increase is “to…