The Ghana National Gas Company has defended its decision to sack 13 workers and withholding August salary of 42 others after they violated company rules and went on an illegal strike.
Category: Oil & Gas
Election 2016: Fraud in oil sector takes centre stage
As Ghana goes into another election, the complex issues around the oil and gas industry are getting more topical and eliciting strong responses from political actors across the country’s political landscape.
OPIC Announces Commitment to ContourGlobal’s Cap Des Biches Project in Senegal
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today announced their financing agreement with ContourGlobal for the 33 megawatt expansion project at ContourGlobal’s Cap des Biches power plant in Senegal.
Does Oil and Gas Matter in Ghana Elections 2016?
Penplusbytes, with support from Ghana Oil and Gas for Inclusive Growth (GOGIG) and International IDEA will officially launch the “Ghana Elections 2016 – Amplifying Oil, Gas and Elections issues” project at the Akroma Plaza Hotel in Takoradi on 8th September, 2016.
Ghana’s Second Oil Field Begins
Ghana’s President John Mahama is expected to turn the valves of the FPSO John Evans Atta Mills to mark commercial production of oil from the Tweneboa, Enyenre and Ntomme (TEN) oilfield.
Partisan Petroleum Price & Subsidies Debates Taking a Bow?
Over a year after the application of the Prescribed Petroleum Pricing Formula (PPPF) in the petroleum downstream sector, the litany of heated partisan political debates over fuel subsidies and prices on Ghana’s airwaves and in the social media seems to be taking a bow.
Oil and Ghana’s Muddy Pre-election Macroeconomic Picture
Ghana is preparing to ramp up oil and gas production when the TEN and Sankofa Gye-Nyame fields come on stream later this year and next year respectively.
Ghana Grants Pressure Tech Engineering Operating Permit
Pressure Tech Engineering Limited, a Ghanaian Petroleum Engineering Company has been granted permit by the Petroleum Commission, Ghana to undertake upstream petroleum services in Lifting Inspection, Calibration & Equipment and material supply services, including a hydraulic torque wrench service.
Rigworld Supports Christ Faith Foster Home
The Rigworld Group (Rigworld, Pressure Tech Engineering, Transatlantic Services, Trans-Atlantic Farms, etc.), has donated assorted items and cash worth GH₵ 10,000.00 to the Christ Faith Foster Home in Frafraha located in the outskirt of Adenta.
OPIC, Liberian Bank Sign Commitment to Support Key Sectors
The Overseas Private Investment Corporation, the U.S. Government’s development finance institution, today signed a commitment letter for a $20 million direct loan to International Bank Liberia Limited (IBLL) to support lending in sectors such as construction, services, manufacturing, agribusiness, hospitality, and transportation.