TotalEnergies has shown interest in enhancing its involvement in Ghana’s upstream oil and gas sector, focusing on opportunities in financing, processing, and marketing. This development arose from a recent meeting in GNPC’s office in Accra between Mr. Kwame Ntow Amoah, Acting Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), and a delegation from […]

Eni and Vitol have agreed that Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo for an aggregate consideration of USD1.65 billion at 1 January 2024, with standard cash adjustment at closing.  Vitol will acquire an interest in both oil and gas producing assets and blocks undergoing exploration, appraisal and development. […]

Ghana is positioning itself as a major hub for energy investment, with the Ministry of Energy and Green Transition pledging to attract key players from the oil, gas and renewable energy sectors. On the sidelines of International Energy Week in London, Ghana’s Minister of Energy and Green Transition John Abdulai Jinapor and the African Energy Chamber […]

Tullow has noted that the International Chamber of Commerce (ICC) has delivered the Tribunal’s award with regard to the application of Branch Profit Remittance tax (BPRT) to its operations under the Deepwater Tano and West Cape Three Points Petroleum Agreements, offshore Ghana, which include the Jubilee and TEN fields. The Tribunal determined that BPRT is […]

The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr. Joseph Abuabu Dadzie, underscored the extensive potential of Ghana’s key oil and the crucial role of natural gas in West Africa’s energy transition at the ongoing Africa Oil Week in Cape Town, South Africa. During discussions, Mr. Dadzie outlined GNPC’s strategic initiatives in […]

Specialist provider of offshore support services, Interocean Marine Services (Interocean), has announced it is supporting a groundbreaking floating dock ship project in Ghana. In partnership with Prime Meridian Docks Ghana, this major initiative involves the building and operation of a floating dock ship repair facility at the port of Takoradi. This promising project, nicknamed ‘Project […]

Tullow has formalised a strategic partnership with the Ghana Forestry Commission to implement a high-integrity, jurisdictional-based Reduced Emissions from Deforestation and Degradation (REDD+) programme. This programme is an important milestone on the road to achieve Tullow’s 2030 Net Zero target for Scope 1 and 2 greenhouse gas (GHG) emissions (on a net equity basis). The […]

As the operator of Ghana’s two main oil fields – Jubilee and TEN Fields with equity interests of 39.0% and to 54.8% respectively – Tullow Oil has onerous responsibility to harness the oil and gas resources available to the country safely and efficiently and maximise the benefits for local people, communities, and all stakeholders. Nearly twenty […]

Tullow oil the operator Jubilee and TEN has since 2007 shown an unalloyed support towards oil and gas exploration and exploitation in Ghana, The company and its Partners were responsible for historic Ghana first major oil production. In November 2010, following a successful development programme, which included the building of a Floating Production Offtake Vessel […]

Tullow has disclosed that through the concerted efforts of its joint venture partners, the company has agreed on an amendment to the Interim Gas Sales Agreement in Ghana. This is according to recent announcement made by Tullow on behalf of the partners The amended agreement is valued at $2.90/mmbtu, utilising the price for Jubilee gas […]