Tullow Oil has reduced the volume of gas it supply to Atuabo processing plant for the next 21 days, beginning November 1. The action has been influenced critical works on the turret, located on the...
The country’s debt stock which is currently about GH¢105 billion is expected to decline in 2017, with the economy returning to growth, the Minister for Finance, Mr Seth Terkper, has said. He said...
The co-chair of the Ghana Extractives Industry Transparency Initiative GHEITI, Dr. Emmanuel Steve Asare Manteaw, is asking a question many Ghanaians may ignore or downplay its relevance. Who is...
In 2009, Kosmos Energy, a small oil exploration company in Texas, wished to cash in on its discovery of an oil field off the coast of Ghana — one of the largest found in West Africa in a decade....
Insurance will cover the loss of production and claims regarding the interruption of business at one of West Africa's biggest oil fields, Tullow Oil has said. Tullow, which has offices in London,...
Ghana's economic growth slowed to 2.5 percent in the second quarter compared with a year earlier, provisional official data showed on Wednesday, due mainly to a temporary halt in oil production....
Tullow Oil has announced that Hull & Machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its reinsurers following the failure of the turret bearing earlier this year. The Hull...
Selling ourselves into 21st Century slavery; the regrettable story of ECG "WE HAD TRADED IN THE MARKET COMPETITIVELY PERFECT TILL YOU CAME, ...AND CUT OUR RIBS, DRIED OUR COWS." -("EXPELLED" by Jared...
Only three out of 36 listed firms on Ghana’s Stock Exchange have since January 2016 registered growth in their share prices, The Business Finder reports. The market capitalisation of the 36 listed...
The Jubilee FPSO will be shut down for about three months from next year, some partners on the Jubilee Field told JOYBUSINESS. Sources say the shutdown will happen between February to July in 2017....
Oil and gas are the buzzwords in East Africa as countries try to outdo each other in getting their hydrocarbons out of the ground and into the market. Last week, Tanzanian President John Magufuli...
The completion of the Tweneboa-Enyenra-Ntomme (TEN) fields, which will see Ghana producing 80,000 barrels of oil daily, will have no positive impact on Ghana’s power crisis (dumsor), Gasop Oil...
President Mahama has indicated that the Floating, Production, Storage and Offloading (FPSO) Atta Mills’s vessel would create more jobs and increase local content to the benefit of Ghanaians....
The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr Alexander Mould has said the start of commercial oil production from the Tweneboa-Enyenra-Ntomme (TEN) fields in the...
First oil production from the Tweneboa-Enyenra-Ntomme (TEN) fields is expected to begin this Thursday, August 18, 2016. The joint venture project, led by Tullow Ghana is expected to produce about 300...
Jubilee Field operator, Tullow Oil, estimates that it will cost the five partners between US$100 million and US$150 million to repair the damaged turret bearing on the floating vessel used in...
Commercial production of crude from the Tweneaboa Enyenra Ntomme (TEN) will start with an initial production of about 23000 barrels a day.
Officials of Tullow disclosed this in London at an...
The General Transport, Petroleum and Chemical Workers’ Union (GTPCWU) has warned that hundreds of its members are set to lose their jobs in the coming weeks due to the drop in world oil...
It’s a pleasure to be here in your company and to be given the opportunity to share some thoughts on Ghana’s development goals, especially as they pertain to investment opportunities.
I learned...
Ghana will double crude production by 2017 as offshore deposits being developed by Tullow Oil Plc and Eni SpA start producing oil, Minister of Energy Emmanuel Armah-Kofi Buah said.
Tullow’s TEN...
