The Maersk Venturer drillship has been contracted to start a multi‐well drilling programme Tullow Oil is targeting to drill four wells in Ghana by the close of the year in an effort to increase production from its Jubilee and TEN fields to offset anticipated near-term output declines. Addressing investors on the company’s 2020 performance and […]
Tullow Oil (LON:TLW) on Wednesday announced it was on track for achieving expectations in 2021 as oil prices continue to recover from Covid lows amid easing lockdowns and vaccine optimism. Annual group working interest production averaged 74,900 barrels of oil equivalent per day (“boepd”), in line with the oil and gas exploration and production firm’s […]
(Alliance News) – The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News: ———- Sterling Energy PLC – oil and gas company with exploration asset in Somaliland – Hires Paul McDade as chief executive officer and Ian Cloke as chief operating officer, starting […]
Sterling Energy has announced that Paul McDade and Ian Cloke have joined the board as executive directors of the company with immediate effect. Sterling Energy plc has announced that Paul McDade and Ian Cloke have joined the board as executive directors of the company with immediate effect. McDade has joined as the company’s chief executive […]
Ghana’s first president and Prime Minister, Osageyfo Dr Kwame Nkrumah Upon attaining independence in 1957, Osagyefo Dr. Kwame Nkrumah the new leader of the country found energy as an enabler to economic liberation, having achieved political liberation. Osagyefo saw the need for adequate, accessible, consistent, and affordable electricity to help boost agriculture, increasing trade, improving […]
Construction of East African Crude Oil Pipeline to begin in March Construction of the East African Crude Oil Pipeline (EACOP) is set to commence this month. According to Foreign Affairs minister Palamagamba Kabudi, Total Oil Company director for Africa Division Nicolas Terraz assured him that actual construction of the project would start in the second […]
Tullow’s FPSO in Ghana/Image by: P.G.McCardle/MarineTraffic.com Tullow Oil Plc said on Friday it has agreed to a new reserve-based loan of about $1.7 billion with its banks, taking its liquidity to roughly $900 million, including free cash and available debt. The oil and gas company, which has been in talks with creditors, including bondholders to […]
LISTEN 1 HOUR AGO 0 A number of petroleum workers of ENI’s operated Offshore Cape-Three-Point field have tested positive for COVID-19. Confirming the infections to Citi News , the Local Content and Sustainability Manager of ENI Ghana, Baluri Buakari, said three workers onboard the FPSO John Agyekum Kufuor tested positive during their routine checks on […]
AOP > Explore > Market Report: Plans Afoot to Secure Financing to Repair Refineries in Nigeria The weekly Market Report is provided by Gladius Commodities of Lagos, Nigeria. Download the full report here . Learn more about Gladius Commodities at www.gladiuscommodities.com. NIGERIA The Federal Government of Nigeria launched the Nigerian Upstream Cost Optimization Program, which […]
The Alliance for Reproductive Health, an NGO, has engaged some private sector institutions to find sustainable solutions to fighting malaria. The Alliance has been working on the (B4M) project with support from USAID in districts, including Nzema and Mpohor, to help fight malaria in the communities in the project catchment area. Representatives from the Ghana […]
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