Development News in Ghana

Ghana to Revoke 4 Petroleum Licences for Lack of Development
11/6/2019 - Ghana will revoke four petroleum exploration licences from companies that are not developing the assets. The country will take aggressive action to ensure that its petroleum assets are developed. The ...
Aker Energy Submits an Integrated Plan of Development and Operation for the DWT/CTP
3/28/2019 - Aker Energy Ghana, as Operator on behalf of its partners, Ghana National Petroleum Corporation (GNPC), Lukoil Overseas Ghana Tano and Fueltrade, has submitted an Integrated Plan of Development and Ope...
Aker Energy to Start Ghana Drilling in October
8/30/2018 - Norwegian oil firm Aker Energy will delay submitting a plan for development of its block off Ghana until early next year in order to first complete appraisal drilling, expected to start in October, it...
President of Ghana Nana Akufo-Addo Meets Eni CEO Claudio Descalzi
11/3/2017 - The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, and Eni CEO Claudio Descalzi met today in Accra to discuss Eni’s activities in the Country, where operational activities are comple...
Tullow to Restart TEN Drilling Following ITLOS Decision on Maritime Boundary
9/23/2017 - Tullow Oil plc (Tullow) notes that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg made its decision with regard to the maritime boundary dispute between Gha...
Tullow to Boost TEN Field Output Once Maritime Dispute Resolved
5/17/2017 - Tullow Oil plans to drill new wells and boost output at its TEN field off the coast of Ghana to 80,000 barrels per day (bpd) once a maritime border dispute with Ivory Coast is resolved, the company sa...
Tullow Oil Provides Jubilee Turret Insurance Update
9/30/2016 - Tullow Oil has received confirmation from its Lead Insurers that they accept there is a recoverable claim with respect to the Group’s corporate policy for Business Interruption insurance following dam...
Ghana's Dispute with Ivory Coast Affected Oil Development
8/18/2016 - Ghana's President John Mahama said that a maritime boundary dispute with Ivory Coast had affected the development of the new TEN oil field, but that Ghana was nonetheless committed to a peaceful resol...
Sankofa-Gye Nyame Project in Ghana Makes Progress
1/30/2016 - The world-class Sankofa-Gye Nyame field - Ghana’s third oil and gas field - which will increase Ghana’s electricity supply by 50%, is making significant progress. The field will produce 180 million st...
Kosmos Updates Ghana & Côte d’Ivoire Maritime Boundary Arbitration
4/27/2015 - Kosmos Energy announced that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) has issued its order in response to the provisional measures requested by the Government of...
Eni Sanctions Offshore Cape Three Points Project in Ghana
1/27/2015 - Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the agreeme...
Ghana Gives Eni Green Light for $6b Offshore Gas Project
11/24/2014 - Ghana's government has given Italian energy firm Eni the final green light to develop gas resources in the Offshore Cape Three Points (OCTP) block, expected to begin production in 2017, it said. The g...
ENI & Ghana Sign Gas MoU for the Development OCTP Block
ENI & Ghana Sign Gas MoU for the Development OCTP Block 8/21/2012 - Eni, together with Vitol, signed a Memorandum of Understanding (MoU) with the Government of Ghana, represented by the Minister of Energy, and Ghana National Petroleum Corporation (GNPC) for the develo...

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