Tag: Petroleum Commission
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Ghanaian workers at ENI agitate over unequal pay
Ghanaian workers at ENI, an Italian oil and gas company operating in the country, are agitating over what they call unequal pay structure at the company. The workers say their conditions of service are far below industry levels and want the discrepancies fixed. The concerns by the workers, Citi Business News understands has been triggered…
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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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Gov’t to outdoor action policy to protect Ghana in awarding petroleum contracts
The Vice President Dr. Mahamudu Bawumia has reiterated government’s commitment to introduce policies that will protect Ghana’s oil and gas industry to benefit Ghanaians. The vice president was hopeful an action policy will soon be announced by the regulator—the Petroleum Commission to protect the country’s interest when giving out oil blocks to multinational companies. Speaking…
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Petroleum Commission bridges skills gap in upstream industry
Ahead of a one-year specialised welding training programme for five Ghanaians in the upstream petroleum industry, the CEO of Petroleum Commission, together with other government officials have undertaken a familiarisation visit of the technical institution identified to train the welders over the period. The specialised welding programme which cost about $250,000 and sponsored by Baker…
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MODEC appoints Theophilus Ahwireng as new MD
Former CEO of the Petroleum Commission, Theophilus Ahwireng has been appointed as the Managing Director of MODEC Production Services Ghana JV Limited. His appointment takes effect on Tuesday, April 23, 2019. A statement from MODEC confirming the appointment described Mr. Ahwireng as, “a seasoned technical and business leader with three decades of experience in the…
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Petroleum Commission prioritises technology use for upstream operators
Chief Executive Officer of the Petroleum Commission, Egbert Faibille has urged various companies operating within the petroleum sector to use technology in building the industry. This he believes will promote the upstream space and improve revenue for the sector and country as a whole. He made the remarks at an engagement with some investors in…
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No renewal of license for fronting companies – Petroleum Commission
The Petroleum Commission of Ghana has cautioned all businesses that engage in fronting to desist from the practice or face the law. The Commission has stated that it will not renew the license of any Joint Venture which fails to fully disclose the identities of its shareholders. The CEO of the Petroleum Commission, Egbert Faibille…
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Gov’t attracts locals with competitive allocation of oil blocks
The government is anticipating active local participation in oil exploration henceforth. This follows the launch of the country’s first licensing rounds bids evaluation for oil blocks. The exercise is to allow interested investors to own and operate six of the nine available oil blocks. The six oil blocks available for exploration are all located within…
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Petroleum C’ssion partners Glasgow to boost oil sector
The Petroleum Commission has secured a partnership with Glasgow Caledonian University (GCU) to deliver work-based education to the oil and gas industry in Ghana. The agreement, which was signed on Monday, October 2, 2018 with GCU, will provide educational support and help in strategically positioning Ghana’s oil and gas industry. The Commission and the GCU…
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Petroleum Commission halts fast paced contract approvals
The Petroleum Commission has warned that it will not approve any petroleum contract that does not fulfill the three months’ mandatory notice ahead of its implementation. The caution follows what the Commission describes as the abuse of the law by oil companies. According to the CEO of the Petroleum Commission, Egbert Faibille, the issue also…