Ghana can’t drill new oil wells in a disputed sea area with Ivory Coast, according to a special tribunal. The order may impact producers, including Tullow Oil Plc.
Tullow Oil was in favour on Monday as optimism rose that the explorer could trade its way out of a cash crunch.
Shares in Tullow bounced 3.8 per cent to 420.2p, having warned last week that it may breach a banking c ...
MILAN, Italy -- Eni, Vitol, and Ghana National Petroleum Corp. (GNPC), along with the President of the Republic of Ghana John Dramani Mahama and the Minister of Petroleum Emmanuel Armah-Kofi Buah, have signed an agre ...
Eni SPA unit Eni Ghana Exploration & Production Ltd. has let a $2.54-billion contract to Malaysia’s Yinson Holdings Bhd. for the chartering, operation, and maintenance of a floating production, storage, and offloadin ...
State-owned Tema Oil Refinery Co. Ltd. (TOR) has resumed crude oil processing at its 45,000-b/d refinery in Tema, Ghana, after a nearly 4-month operational shutdown, according to Ghana’s Ministry of Energy & Petroleu ...
Kosmos Energy has announced its 2012 organic capital program, which totals approx. $600 million. Exploration and appraisal activities represent approx. 55 percent of the amount, with development comprising the remain ...
Technip was awarded by Tullow Ghana Limited two contracts, worth approximately €100 million, for the Phase 1A of the Jubilee project. The Jubilee field is located offshore Ghana at a water depth of 1,300 meters.