THE decision by the state owned Ghana National Petroleum Corporation (GNPC), led by Mr. Alex Mould, to borrow a whopping $700 from the European capital market, precisely Deutshe Bank of Germany, to support oil and gas infrastructure continues to raise eyebrows.
THE Ghana National Petroleum Corporation (GNPC) has defended its decision to secure a $700 million loan facility from the Deutshe Bank of Germany.
AT long last! Gas today flowed from the FPSO Kwame Nkrumah to the Atuabo Gas Processing Plant (GPP) despite concerns raised by the Energy Commission and the Wood Group.
THE National Petroleum Authority (NPA), a regulator of the petroleum downstream industry in Ghana yesterday took its annual Consumer Week Celebration to Obra Spot, Kwame Nkrumah Circle, to educate Ghanaians, especially lorry drivers, on the usage of Liquefied petroleum gas (LPG) in the country.
THE initial hopes of Ghanaians that the discovery and exploration of oil in the Cape Three Points Basin will signal a turnaround of the country’s deplorable economic condition is gradually becoming a mirage.
EAST Africa is undergoing a major transformation to become a new world-class player on the energy market. By 2025, East Africa is expected to experience an incremental production growth of nearly 1 million barrels per day (b/d), led by Mozambique and Tanzania.
FMC Technologies, Inc., a leading global provider of technology solutions for the energy industry has announced the award of a sub-contract to fabricate subsea equipment to Harlequin International Ghana Limited.
THE global energy industry is undergoing a seismic shift, in part driven by development of new, unconventional sources of energy, such as shale gas, tight oils, coal seam gas and oil sands.
ENTREPRENEURS–in-Training from the Meltwater Entrepreneurial School of Technology swept up all three top prizes at the recently concluded Hack4Oil Hackathon organized by Penplusbytes.
GHANA’S Petroleum Commission, the upstream petroleum industry regulator has directed the over 40 Ghanaian striking workers of MODEC Ghana Limited, operator of the FPSO Kwame Nkrumah to immediately resume work and allow the ongoing negotiations to continue.
