MANAGING Director of Activa International Insurance, Mr. Solomon Lartey, has urged players in the insurance industry to make insurance a driving force of the economy. He has subsequently called on...
Tag: Oil & Gas Exploration and Production – NEC
Gov’t Inherits Budget Deficit of Around 10%
Government says it has inherited a budget deficit of around 10 percent of economic output, Finance Minister Ken Ofori-Atta told Reuters on Wednesday, double the 2016 target set by the previous...
Springfield To Begin Work On WCTP Oil Block
The Springfield E&P Limited, owners of the West Cape Three Points Block 2 Offshore, is to collect seismic data on the block as part of the exploration and appraisal phase of the project. This is part...
Ghana Names 3rd FPSO After J.A. Kufuor
Ghana’s third Floating Production Storage and Offshore (FPSO) vessel has been named after Former President, John Agyekum Kufuor. A statement from the Former President’s office on Wednesday said...
FPSO Kufuor Sails Into Ghanaian Waters In April
Th FPSO vessel to operate in the W/R was named in Fmr. Pres. Agyekum Kufuor's honor Former President John Agyekum Kufuor, arrived in Singapore Wednesday, for the naming of the Floating Production and...
Kufuor In Singapore For FPSO Naming
Former President Kufuor has arrived in Singapore to grace the naming of a new FPSO in his honour Former President John Agyekum Kufuor has arrived in Singapore to grace the naming of a new Floating...
41 Nigerians Sent Home By UK
41 Nigerians deported from the United Kingdom yesterday. The deportees were very aggressive and refused to interact with newsmen. They screamed intermittently that they were deported unjustly. Some...
Ghanaian Leadership and the Moral Compass
“There comes a time in life when one must take a position that is neither safe, nor politic, nor popular, but he must take it because his conscience tells him it is right” – Martin Luther King...
Ministry Official Instructed Items Be Moved To Rigworld
Fresh evidence reaching Adom News indicate the Local Content Coordinator at the Ministry of Energy under the previous government, Afua Amissah asked two Tullow Oil officials to move items from...
Kufuor Arrives In Singapore For New FPSO To Be Named After Him
Former President John Agyekum Kufuor has arrived in Singapore for a ceremony at which the Floating Production and Storage Vessel (FPSO) to operate in the Offshore Cape Three Points (OCTP) oilfields...
Springfield Group CEO Calls For More Oil Exploration Activities
The Chief Executive Officer of the Springfield Group, Mr Kevin Okyere, has called for investment-friendly initiatives from the government to help motivate oil exploration and production (E&P)...
Ghana Rakes In US$114.4m From Oil
Figures published by the Bank of Ghana (BoG) have shown that Ghana raked in a total of US$ 114,400,610.40 in the first half of 2016 from the thirtieth, thirty first and thirty second crude oil...
GNPC Hides $5m PPP Project From Transition Team
When Ghana National Petroleum Corporation (GNPC) presented their handing over notes to the transition team in December 2016, they failed to mention anything about Enterprise Development Centre (EDC),...
Nana Addo Appoints K.K Sarpong As Ag. CEO of GNPC
President Nana Addo Dankwa Akufo-Addo has appointed Dr. Kofi Kodua Sarpong as the Acting Chief Executive Officer of the Ghana National Petroleum Corporation(GNPC). He take over from Mr. Alex Mould....
Power and Petroleum Require Critical Attention
By Moses Dotsey Aklorbortu The petroleum and power sectors of the economy, no doubt, are part of the critical areas that must be tackled if Ghana wants to move the economy forward and create wealth...
U.S. Does $220B In Trade With Muslim Countries
President Trump's travel ban on the citizens of seven Muslim-majority countries has created confusion and concern across the Middle East and parts of Asia. The Organization of Islamic Cooperation,...
Asante Appointed Ghana Gas CEO
President Akufo-Addo has appointed renowned Engineer, Dr Ben K. D Asante as the Caretaker Chief Executive Officer (CEO) of the Ghana National Gas Company (Ghana Gas). Dr. Asante replaces Dr. George...
UK: Shell Ruling Gives Green Light For Corporations To Profit From Abuses Overseas
A UK High Court ruling that two Niger Delta communities devastated by oil spills cannot have their claims against Shell heard in the UK could rob them of justice and allow UK multinationals to commit...
Ghana Rakes In US$114.4m From Oil By June 2016
Figures published by the Bank of Ghana has shown that Ghana raked in a total of US114,400,610.40 in the first half of 2016 from the thirtieth, thirty first and thirty second crude oil liftings. Per...
Kosmos Energy Launches 2nd Youth In Agritech Challenge
Kosmos Energy, one of the partners of Ghana’s Jubilee Field, has launched a second edition of its Agritech challenge dubbed “Kosmos Innovation Center 2017 Agritech Challenge” aimed at youth...