Tag: Aker Energy
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Operators of Deepwater Tano/Cape presents PoD to govt
Operators of Deepwater Tano/Cape Three Points block offshore Ghana have submitted a Plan of Development to the Ghanaian authorities on behalf of its partners. The plan of development will form the basis for the sustainable and efficient development of the Pecan. This was contained in a press statement issued by Aker Energy Ghana Limited and…
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Aker Energy and its Joint Venture Partners award ¢3.1m scholarship to 71 students to pursue tertiary education
Aker Energy’s student scholarship initiative, Aker Inspire Scholarship Program (AISP), has awarded full scholarships worth ¢3,164,000 to 71 students to pursue various courses at tertiary institutions across the country. The AISP targets brilliant students from low-income households mainly from the coastal districts of the Western Region where its Exploration, Development and Production activities are based.…
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CSOs write to Speaker of Parliament to invite interested parties in AGM-AKER deal
The Alliance of CSOs working on Extractives, Anti-Corruption, and Good Governance, has made a request to the Speaker of Parliament to invite all interested parties in the AGM-AKER deal. They are of the view that this will pave way for a transparent conversation on the issue. The request is captured as part of a letter…
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LUKOIL raises questions over government’s plan to increase its shares in DWT/CTP
International Oil & Gas Company LUKOIL has expressed concerns over government’s recent attempts to acquire a major stake in the Deepwater Tano/Cape Three Points (DWT/CTP) bloc operated by Aker Energy Ghana Limited. According to LUKOIL, being one of the main partners in the DWT/CTP project, with a 38% Licence Interest and a 42.22% Participating Interest,…
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Parliament must ensure Aker Energy, AGM deal is value for money – ASEPA
The Alliance of Social Equity and Public Accountability (ASEPA) is urging Parliament to thoroughly scrutinise the deal by the Ghana National Petroleum Commission (GPNC) to increase its shares in Aker Energy and AGM Petroleum. Speaking during a press conference, Executive Director of ASEPA, Mensah Thompson, said the legislative arm of government must work to ensure…
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Address valuation and secrecy concerns raised against GNPC-Aker Energy deal – CSOs to government
A group of civil society organisations working in the extractive industry has asked government to take steps to address concerns raised against moves to increase the country’s stakes in oil blocks operated by Aker Energy and AGM Petroleum Ghana. The group had earlier expressed worry over the valuation of the company, among others. A member…
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Government engages Bank of America Securities for valuation of GNPC-Aker Energy oil deal
A Deputy Minister for Energy, Andrew Egyapa Mercer, says the government has begun engaging American multinational investment banking division – Bank of America (BofA) Securities Inc. to conduct a valuation of the fields involved in the planned Ghana National Petroleum Corporation (GNPC) and Aker Energy oil bloc acquisition for oil exploration in the country. Mr.…
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GNPC’s plan to increase stake in Aker and AGM troubling – CSOs
News of efforts by the Energy Ministry to get Parliament to give them, along with the Ministry of Finance the mandate to agree on a purchase price with Aker Energy and AGM, in connection with plans by the Ghana National Petroleum Corporation (GNPC) to acquire stakes in the two oil and gas companies, has generated…
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CSOs petition Parliament over GNPC’s move to acquire stakes in Aker Energy, AGM Petroleum
A group of civil society organisations working in the extractive industry are calling on Parliament to reconsider the planned acquisition of stakes in Aker Energy and AGM Petroleum Ghana oil blocks by the Ghana National Petroleum Corporation (GNPC). The group made up of 15 civil society groups, said the possible merits of the deal “cannot…
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Aker Energy appoints Kadijah Amoah as CEO of Aker Energy Ghana Limited
Aker Energy AS has promoted Country Director, Mrs. Kadijah Amoah as Chief Executive Officer, CEO, of Aker Energy Ghana Limited, effective 4 January 2021. In a statement issued by the company, CEO of Aker Energy AS, Håvard Garseth, notes that, the move shows Aker Energy’s commitment to become a fully Ghanaian operator managed and run…