LNG deliveries to Ghana’s east can beat local supplies on price and resolve issues around unsatisfactory infrastructure, Pangaea Risk has said in a briefing note.
Kosmos Energy expects its capital expenditure to reach $575-625 million this year, driven largely by its work with BP offshore Mauritania and Senegal.
Tullow Oil has chosen Maersk Drilling to provide an ultra-deepwater drillship for work on the TEN and Jubilee fields, offshore Ghana.
Tullow Oil expects production to continue declining in 2021 as its Ghanaian assets continue to slide.
Tema LNG's floating regasification unit (FRU) has arrived in Ghana.
The election in Ghana sets the path for continuity but there are challenges ahead for the incumbent, who will continue to face difficulties in the power sector.
Women-led SMEs across the continent depend on reliable and affordable energy but often lose out because of grid and centralised power problems. Instead of waiting for grid power, Salma Okonkwo argues, off-grid solar projects and mini grids offer a way forward.
The Emerging Africa Infrastructure Fund (EAIF) is lending $31 million to Access LNG to support floating regasification plans in Ghana’s Tema port.
Tullow Oil is moving away from its focus on asset sales and has set out a long-term vision, under which it will generate $7 billion over the next 10 years.
South Africa’s parliamentary committee for energy has backed plans for PetroSA to overhaul its gas-to-liquids (GTL) refinery, at Mossel Bay, while also seeking insight into how problems emerged.
Eni has called for more clarification on Ghana’s order for unitisation of the Sankofa field with Springfield Exploration and Production’s Afina field.
Ghana has ordered Eni and Springfield Exploration and Production to unitise the Afina and Sankofa fields, after the two companies failed to make progress on their own.
Kosmos Energy has dropped plans to sell down its stake in an LNG project offshore Mauritania and Senegal, instead opting to seek financing for its plans.
Ghana’s Cenpower Generation has committed to switching its primary fuel consumption from light crude oil to natural gas.
Tullow Oil has completed its twice yearly redetermination of its reserve-based lending facility, with $1.8 billion of debt capacity approved by lenders.
Ghana has reached an amended deal with Cenit Energy, which should save the country more than $200 million.
Tullow Oil produced 77,000 barrels per day of oil in the first half, in line with expectations.
Frontier Energy has gone online with its highly regarded Africa E&P Summit, due to take place on September 16 and 17.
Ghana is pushing onwards with its efforts to bring down prices paid for power.
Ghana’s Petroleum Commission has launched a committee to draft a policy on local content in the upstream sector.
Kosmos Energy reported a net loss of $199 million for the second quarter of the year, with an adjusted net loss of $95mn.
Tullow Oil produced 77,700 barrels per day in the first half of the year, while the realised oil price was $52 per barrel.
Countries that need power, need power now – and Karadeniz’s Powerships may just be the fastest moving answer to this particular demand.
Ghana has made considerable progress in distributing power to its citizens, but talks are under way in order to make this process more sustainable.
Aker Energy has reiterated its commitment to Ghana’s Pecan field, although not going so far as to commit to timing on a final investment decision (FID).