The Ministry of Energy has inaugurated a 10-member ministerial advisory which will assist the ministry on matters related to energy use in the country. The ceremony which took place in Ada in the Eastern Region is in line with the Civil Service Act 1993 (PNDCL 327) section 39. The act stipulates that a Ministerial Advisory … Read more
The Petroleum Commission has dismissed reports that it has instructed Tullow Ghana Limited (TGL) to cease its tender process concerning the award of any rig contract. According to the Commission, it has not overtly or covertly directed or forced TGL to sole source any drilling contract and did not raise any objection to TGL’s proposal … Read more
Local service companies in the oil and gas sector have been advised to conduct feasibility studies into areas where they want to operate to avoid loss of investment. Mr. Theophilus Ahwireng, Acting Chief Executive Officer of the Petroleum Commission, gave the advice at the opening of the 2016 Local Content Conference and Exhibition in Takoradi. … Read more
The Chief Executive of Petroleum Commission, Mr Theophilus Ahwireng has touted the prospects of the country’s gas production as it is set to produce about 300 million cubic feet of gas daily by 2018 from its oil and gas fields. “The good news here is that Ghana has an unyielding demand for gas in the … Read more
For the country to achieve its lofty local content goals, the financial services sector, led by the banks, would have to cast off its fear of the risks and huge capital required, and venture into funding local companies offering services in the upstream oil and gas industry, government has said. Millison Narh of the central … Read more