Tag Archive

Eni awarded a new Exploration and Production license in Ghana

Eni awarded a new Exploration and Production license in Ghana

July 3, 2019 No Comments

Eni (70%) and its partner Vitol (30%) have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana. This result allows Eni to further consolidate its presence in the Country. Eni will be the Operator of the license and besides Vitol the Joint Venture will include […]

New discovery in CTP-Block 4, offshore Ghana

New discovery in CTP-Block 4, offshore Ghana

May 10, 2019 No Comments

Eni announces a gas and condensate discovery in CTP-Block 4, offshore Ghana. The well, drilled on the Akoma exploration prospect, proved an estimated volume between 550 and 650 bcf of gas and 18-20 mmbbl of condensate. The discovery has further additional upside for gas and oil that will require further drilling to be confirmed. The […]

Total agrees with Occidental to contingent acquisition of Anadarko’s assets in Africa

Total agrees with Occidental to contingent acquisition of Anadarko’s assets in Africa

May 6, 2019 No Comments

Total announces that it has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria, Ghana, Mozambique, South Africa) for a consideration of 8.8 billion $ in the event of a successful completion of Occidental’s ongoing bid for Anadarko. The transaction is contingent upon Occidental entering into and completing its proposed acquisition […]

Contingent Sale of Anadarko African Assets to Total for $8.8 Billion

Contingent Sale of Anadarko African Assets to Total for $8.8 Billion

May 6, 2019 No Comments

Occidental Petroleum Corporation (NYSE: OXY) announced that, in connection with Occidental’s proposal to acquire Anadarko Petroleum Corporation (“Anadarko”) (NYSE: APC), it has entered into a binding agreement to sell Anadarko’s Algeria, Ghana, Mozambique and South Africa assets to Total S.A. (“Total”) (NYSE: TOT) for $8.8 billion. The sale is contingent upon Occidental entering into and […]

Tullow Announce AGM Trading update

Tullow Announce AGM Trading update

April 25, 2019 No Comments

Tullow Oil plc (Tullow) issues the following Trading Update for the period 1 January to 25 April 2019. This statement is issued in advance of the Group’s Annual General Meeting (AGM) which is being held at Tullow Oil plc, Building 9, Chiswick Park, London, W4 5XT at 12pm today. The Group will announce its Trading […]

Eni and the Government of Ghana launch Project

Eni and the Government of Ghana launch Project

March 6, 2019 No Comments

The Minister of Planning Prof. Gyan Baffour in representation of the President of Ghana Nana Akufo-Addo, the Krontihene of Dormaa Barimah Ansu Agyei, and Eni’s Executive Vice President for Sub-Saharan Africa Guido Brusco cut today in Kyeremasu, Dormaa East, Bono Region, the sod of a new training center for diversified agricultural development and entrepreneurship. The […]

Kosmos Announces  Full Year 2018 Results

Kosmos Announces Full Year 2018 Results

February 25, 2019 No Comments

Kosmos Energy Ltd. (“Kosmos”) (NYSE:KOS) announced today financial and operating results for the fourth quarter of 2018. For the fourth quarter of 2018, the Company generated a net gain of $186 million, or $0.43 per diluted share as compared to net loss of $122 million or $0.31 per diluted share in the same period last […]

Tullow Oil plc – Trading Statement & Operational Update

Tullow Oil plc – Trading Statement & Operational Update

January 16, 2019 No Comments

Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2018. This is in advance of the Group’s Full Year Results, which are scheduled for release on Wednesday 13 February 2019. The information contained herein has not been audited […]

Statement by IMF Managing Director at the Conclusion of a Visit to Ghana

Statement by IMF Managing Director at the Conclusion of a Visit to Ghana

December 19, 2018 No Comments

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Accra at the conclusion of her visit to Ghana: “My visit to Accra has been very fruitful and informative, and I am extremely grateful for the warm hospitality of the people of Ghana. “I wish to thank President […]

Ghana Implements the IMF’s Enhanced General Data Dissemination System

Ghana Implements the IMF’s Enhanced General Data Dissemination System

November 13, 2018 No Comments

Ghana has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page (NSDP). The e-GDDS was established by the IMF in 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance. The NSDP is a […]

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