Gulf Oil and Gas accountACCOUNT

Swiss African Oil & PET Volta Win Licence for Keta Delta Block

Source: GhanaWeb 4/1/2016, Location: Africa

Swiss African Oil Company (a subsidiary of Swiss African Petroleum AG) and PET Volta Investments have been awarded a new exploration and production license for the Keta Delta block, located in the Volta Region of Ghana. The acquisition makes Swiss African Oil and PET Volta the first to explore for oil onshore Ghana.

The Keta Delta block license was awarded following ratification by the Parliament of the Republic of Ghana of a joint venture between the Government of Ghana, the Ghana National Petroleum Corporation, Swiss African Oil Company Limited and PET Volta Investments Limited.

The new block covers an area of 3,000 square kilometers and it is envisaged that the commencement of operations will provide employment and stimulate local development of the region.

Acquisitions and Divestitures News in Ghana >>

Australia >>  11/26/2020 - Melbana Energy Limited has been awarded two additional petroleum exploration permits offshore northern Australia on a 100% basis. Application was made...
Brazil >>  11/24/2020 - Petrobras, in relation to the news published in the media, regarding the divestment of the Papa-Terra field, Campos Basin, clarifies that the stage of...

United States >>  11/24/2020 - W&T Offshore, Inc. was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 256 held by the Bureau of Ocean Energy Management ("BOE...
United States >>  11/24/2020 - - Today, INEOS Olefins and Polymers USA announced it has agreed principle terms to acquire Sasolís 50% membership interest in Gemini HDPE LLC and, the...

Brazil >>  11/23/2020 - GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colomb...
United States >>  11/20/2020 - Talos Energy Inc. ("Talos") (TALO) announced that it is the apparent high bidder on two deepwater blocks in the recent Outer Continental Shelf ("OCS")...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Ghana Oil & Gas 1 >>  2 | 3 | 4 | 5 |

Oil & Gas Projects in Ghana >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.