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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 […]

Kosmos Energy Announces Third Quarter 2018 Results

Kosmos Energy Announces Third Quarter 2018 Results

November 13, 2018 No Comments

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced financial and operating results for the third quarter of 2018. For the third quarter of 2018, the Company generated a net loss of $126.1 million, or $0.31 per diluted share as compared to net loss of $63.4 million or $0.16 per diluted share in the same period last […]

President of Ghana meets Eni CEO

President of Ghana meets Eni CEO

October 4, 2018 No Comments

The President of the Republic of Ghana, H.E. Nana Addo-Dankwa Akufo-Addo, and the CEO of Eni, Claudio Descalzi, met yesterday in Accra. The meeting took place in the presence of the Minister for Energy, H.E. John Peter Amewu, and was the occasion to discuss Eni’s operational activities and the frontrunner role Ghana can play in […]

Sankofa gas deliveries to Ghana’s power producers

Sankofa gas deliveries to Ghana’s power producers

September 1, 2018 No Comments

Offshore Cape Three Points (OCTP) has started delivery of gas from the Sankofa field to GNPC, marking the beginning of stable supplies of cost effective and environmentally friendly, domestic fuel for Ghana’s power sector. In addition, Ghana will benefit significantly from GNPC’s carried and participating interest in the project, Ghana’s royalty share of oil and […]

2018 Aker Energy-GNPC Scholarship Programme

2018 Aker Energy-GNPC Scholarship Programme

August 31, 2018 No Comments

150 academically promising students from low-income backgrounds will be awarded scholarship packages through the 2018 Aker Energy-GNPC Scholarship Programme, as the selection process for talents opens at a launch in Takoradi on 5 September. “We are pleased to launch the 2018 scholars programme together with GNPC. Stakeholder dialogues have shown us that education stands out […]

Big Barrels: African Oil and Gas and the Quest for Prosperity

Big Barrels: African Oil and Gas and the Quest for Prosperity

August 9, 2018 No Comments

A year after its release, the global momentum created by the bestseller on Africa’s oil and gas industry, “Big Barrels: African Oil and Gas and the Quest for Prosperity”, has led to its re-launching in French, Spanish and German. “The narrative of the book makes its success,” explains author NJ Ayuk, a prominent African energy […]

Regional Energy Co-operation Summit (RECS): West in Ghana

Regional Energy Co-operation Summit (RECS): West in Ghana

August 2, 2018 No Comments

EnergyNet will host the third Regional Energy Co-operation Summit (RECS): West in Ghana from 26-28 September 2018 – exploring business opportunities in the WAPP regional electricity market and the impact that anchor energy projects will have on regional energy development. RECS: WEST is held with the official endorsement and participation of Honourable Boakye Agyarko, Minister […]

Tullow Oil’s 2018 Half Year Results

Tullow Oil’s 2018 Half Year Results

July 25, 2018 No Comments

Tullow Oil plc (Tullow), announces its half year results for the six months ended 30 June 2018. West African production delivers $0.9bn revenue; $0.5bn gross profit; $0.4bn free cash flow. Good progress towards FIDs in East Africa; Namibia well to start multi-well exploration campaign 2018 HALF YEAR RESULTS SUMMARY •Revenue of $905 million1; gross profit […]

Result of Tullow Arbitration with Kosmos

Result of Tullow Arbitration with Kosmos

July 18, 2018 No Comments

Tullow Oil plc (Group) announces that a panel of arbitrators, working under the jurisdiction of the International Chamber of Commerce, has delivered an award in favour of Kosmos Energy Ghana HC (Kosmos) in relation to its dispute with Tullow Ghana Limited (Tullow) regarding its share of the liability of costs related to the West Leo […]

High Court Judgment for Seadrill vs Tullow Ghana Ltd

High Court Judgment for Seadrill vs Tullow Ghana Ltd

July 3, 2018 No Comments

Tullow Oil plc (Group) announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited (Tullow) by Seadrill Ghana Operations Limited (Seadrill) has been received today. The Hon. Mr Justice Teare has ruled that Tullow was not entitled to terminate its West Leo rig contract with Seadrill […]

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