Ghana | Egypt Oil & Gas - Part 5
Sankofa-Gye Nyame to Produce Oil 2017
Oil production from Ghana’s Sankofa-Gye Nyame oil field, is expected to commence in the second quarter of 2017 while production of gas is expected to begin in the second quarter of 2018, Esi Africa reported. The Ghana...
Tullow Declared Force Majeure in Ghana
UK’s Tullow declared force majeure on Seadrill contract for the West Leo rig contract. Tullow sent the notice in early October, claiming the field for which the rig has been hired, is subject to a drilling moratorium ...
Ghana Exported Fuel to West Africa
Ghana’s Minister of Petroleum, Emmanuel Armah-Kofi Buah, stated that the state-owned Bulk Oil Storage and Transportation Company (BOST) has started exporting fuel and gas oil to Nigeria, Benin Republic, Burkina Faso, ...
GNPC Received $500m LOC for Sankofa Gas
HSBC and Standard Chartered issued a $500m letter of credit (LOC) to Ghana National Petroleum Corporation (GNPC) to guarantee payments for gas extracted in 2018 from the offshore Sankofa field, Reuters Reported. The b... Ghana to Refinance Loans for Sankofa Field
The Ghana National Petroleum Corporation (GNPC) has guaranteed that it will work with the Public Utilities Regulatory Commission (PURC) to secure refinancing of the loans used by government in the Gye Nyame Sankofa fi...
Ghana to Push Oil Output to 240,00b/d by 2020
Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000b/d, Reuters reported. Ghana’s Tweneboa-Enyenra-Nto... Ghana Manufactured Manifold for TEN Oil Exports
Ghana’s Belmet 7 has completed gas export manifold for UK’s Tullow Oil and loaded onshore at the Takoradi Port for both Jubilee and TEN oil fields offshore at the West Cape Three Point in the western regio...
Ghana’s Pump Prices to Increase
Ghana’s Institute for Energy Security (IES) projected an increase of about $0.05 per liter on petrol and diesel to mirror developments on both the international and local oil market for the September pricing window, A...
