Capricorn investor slates Tullow merger plan
An investor in Capricorn Energy has expressed its opposition to the company’s merger plan, describing it as one sided in favour of Tullow Oil.
Ghana
Court freezes Eni, Vitol payments over Springfield dispute
A Ghanaian court has ordered the government to halt payments to Eni and Vitol, amidst the ongoing legal dispute with local company Springfield Exploration & Production.
Norfund steps up to invest in CrossBoundary
Norway’s Norfund and KLP has made a $40 million equity investment in CrossBoundary Energy, to support renewable energy projects in Africa.
Tullow sets focus on growth, Capricorn merger
As Tullow Oil works to execute its merger with Capricorn Energy, the company is focusing on growth projects.
Aker Energy wins further extension in Ghana
Ghana has granted Aker Energy more time to submit the plan of development for its Pecan field.
Tullow takes over FPSO work, hands contract to Petrofac
Tullow Ghana (LON:TLW) has awarded a five-year operations and maintenance (O&M) contract to Petrofac Ghana (LON:PFC) on the FPSO Kwame Nkrumah.
Capricorn boss defends Tullow merger plans
Capricorn Energy head Simon Thomson has defended the company’s merger with Tullow Oil in an interview with the Sunday Times.
Ghana protests prices, while government scrambles on refinery, pipeline
Ghana’s government is taking steps to tackle the fuel crisis, but protests are on the rise at the high price of living.
Eni sees African opportunities, including in its trees
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
GNPC’s new CEO faces tough task of balancing industry and politics
Ghana National Petroleum Corp. (GNPC) has appointed a new acting CEO, Opoku-Ahweneeh Danquah, replacing KK Sarpong.
Tullow emissions rise on Ghanaian flaring
Tullow Oil increased emissions in 2021 amid delays in installing gas capturing equipment offshore Ghana.
Tullow flexes positive plans on improved optimism
Amid higher oil prices, Tullow Oil is beginning to scale up its growth plans once more, raising near term possibilities for drilling around TEN and further out plans for gas and Kenya.
Kosmos juices spending on production growth plans
Kosmos Energy is scaling up spending to $700 million this year, from $460mn in 2021, on both its base producing business and its LNG project with BP.
Tullow aims for production growth in 2023
Tullow Oil’s shift to a more conservative stance is paying off, it seems, with debt down and cash flow on the rise.
Ghana pushes back sulphur limits for local fuel
Ghana has waived sulphur specifications on locally produced vehicle fuels in order to keep its refineries functioning.
Tullow tips Lake Albert for 2022 launch, exits Suriname blocks
Uganda’s Parliament may not approve the Lake Albert development until the end of the year, pushing the final investment decision (FID) into early 2022.
Tullow pre-empts Kosmos deal off Ghana
Tullow Oil has pre-empted the sale of Occidental Petroleum’s stake in the Jubilee and TEN fields to Kosmos Energy, in Ghana.
Ghana’s next challenge for the oil industry
Ghana’s oil industry has had a fair amount of success in making its case to the local population, but a move onshore risks inflaming tensions.
Opportunities for new operators in West Africa
As majors shift out of mature West African assets, new opportunities may attract large independents to enter the area.
Kosmos makes Oxy move in Ghana
Kosmos Energy and Ghana National Petroleum Corp. (GNPC) have bought out Occidental Petroleum’s stake in the Jubilee and TEN fields.
HMS Trent sets sights on security in Gulf of Guinea
A Royal Navy ship is on its way to the Gulf of Guinea, amid a continued focus on security.
Energy poverty vs ESG emission concerns
Tackling emissions has come to dominate discussions around ESG, driving concerns that progress is slipping on tackling the energy gap that continues in many African states.
Gas is the way for Africa, if aboveground challenges can be resolved
Africa has the resources it needs to provide power for its people, but aboveground challenges must be resolved to speed the way, speakers on a PESGB / HGS Africa E&P Conference 2021 panel have said.
Tullow Oil hits goals, rethinks Kenya plan
Tullow has hit financial goals and is looking to farm down its Kenyan operations, as it focuses further on its Ghanaian operations.
Endeavor fires up Twin City power
Endeavor Energy achiever commercial operations at its Twin City power plant in Ghana at the end of July, it reported.