Nana Agyenim Boateng II (standing) speaking at the dinner for business executives in Kumasi. Those with him are Nana Effa Appenteng (2nd right), Bompatahene; Baffour Asare Amankwatia VI (3rd right), Bantamahene; and Mr Kofi Badu (1st left), the Chief of Staff, Manhyia Palace. Picture: EMMANUEL BAAH The Asantehene, Otumfuo Osei Tutu II, has initiated a […]
Tag: tullow oil
Tullow Ghana MD gives thumbs up to Right to Dream Academy
Tullow Oil Ghana Managing Director Kweku Awotwi sitting next to former Ghana international Laryea Kingston Tullow Oil Ghana Managing Director Kweku Awotwi is lavishing praise on Right to Dream Academy for proving that education and sport can go hand in hand. The electrical engineer was a special guest on a program in the academy dubbed […]
Petrofac wins £12.2m decommissioning contract with Tullow Oil
Petrofac will manage plugging and abandonment of three wells on the Thames project Petrofac has won a decommissioning contract worth around £12.2m with Tullow Oil. The energy services firm will act as well operator for the Thames decommissioning project in the southern North Sea. As well operator, Petrofac will be responsible for plugging and abandoning […]
Tullow Oil selects Petrofac for Thames decommissioning project
Tullow Oil has awarded a $16m contract to Petrofac for the Thames decommissioning project in the southern North Sea. Petrofac will serve as the well operator for the latest phase of the decommissioning project, handling the execution of plug and abandonment operations on three of Tullow Oil’s subsea wells. Pursuant to the terms of the […]
Gabon Oil Company to acquire 10% stake in Dussafu license
BW Energy Gabon (BWE), a subsidiary of BW Offshore, has announced the signing of an agreement with Gabon Oil Company (GOC) for the acquisition of a 10% interest in the Dussafu production sharing contract. Image: BWE is the operator of the Dussafu license. Photo courtesy of rawpixel/Pixabay. The transaction is subject to the fulfilment of […]
Total E&P to take up a stake in oil refinery
Two sticky points that were at the centre of the deadlock currently holding back investors in Uganda’s oil industry from making huge financial investments appear to have been resolved after Patrick Pouyanne, the chairman and chief executive officer of French oil major Total E&P, and President Yoweri Museveni had a closed-door meeting at State House […]
Cabinet approves Anti-Money Laundering Bill, 2018
Col. Bantariza The Ugandan Cabinet has approved the Anti-Money Laundering (Amendment) Bill, 2018, according to the Deputy Government Spokesman Rtd Col. Shaban Bantariza. Bantariza who was briefing journalists at the Uganda Media Centre on Tuesday said the long-awaited bill was approved on Monday as Cabinet sat at State House Entebbe under the Chairmanship of President […]
Gas price reduction will make a big difference – Awotwi
Kweku Awotwi, Managing Director of Tullow Ghana Gas is relatively expensive and reducing the price will go a long way to stimulate growth not only among businesses but the country as a whole, the CEO of Tullow Oil, Kweku Andoh Awotwi, has suggested There have been calls by energy experts for the reduction of gas […]
Uganda-Tanzania crude pipeline talks continue
An oil pipeline. Talks between Uganda and Tanzania on the pipeline connecting the two countries are ongoing. PHOTO | FILE Most issues have been agreed on; arbitration, revenue-sharing and taxes have been deferred. EACOP is a 1,445km export pipeline that will transport crude oil from Kabaale in western Uganda to the Chongoleani peninsula near the […]
Uganda, Tanzania Ministers to Meet Over Oil Pipeline
An inter-government ministerial committee from Uganda and Tanzania will meet today in Kampala to discuss the proposed East African Crude Oil Pipeline. Key on agenda, according to sources familiar with the matter, is the harmonisation of the Host Government Agreements (HGAs) of Uganda and Tanzania. The HGA, whose signing is way behind schedule, details among […]