West African flows squeezed as China dials down demand
The reduction in Chinese oil demand as a result of the coronavirus has taken its toll on African exports.
Ghana
Fugro signs on to crack Aker Energy’s Pecan
Fugro has won geotechnical and geophysical survey work on Aker Energy’s Pecan field, offshore Ghana.
Aker Energy appoints new Ghana country head
Aker Energy Ghana is replacing country director Jan Helge Skogen with Kadijah Amoah, effective as of February 1.
IOC signs on to support Ghana’s LPG push
Indian Oil Corp. (IOC) has signed a memorandum of understanding (MoU) with Ghana’s National Petroleum Authority (NPA) on the implementation of an LPG policy.
Tullow takes write down on lower for longer prices
Tullow expects to report pre-tax impairments and exploration write-offs of around $1.5 billion for 2019, as a result of a lower oil price forecast and a reduction in 2P reserves at the TEN project, offshore Ghana.
Ghana on the rocks
Ghana has had a decidedly mixed couple of months, with a major offshore discovery offsetting problems at Tullow Oil and Aker Energy.
Springfield makes billion-barrel find off Ghana
Ghana’s Springfield Exploration and Production has found oil in two areas at its Afina-1 well on its West Cape Three Points (WCTP) Block 2, offshore Ghana.
Aker Energy CEO out
CEO Jan Arve Haugen of Ghana-focused Aker Energy has resigned, replaced in the interim by Svein Jakob Liknes, who was the company’s head of operations. Changes are also being made to the company’s board.
Akufo-Addo celebrates gas conversion for Karpowership
Ghanaian President Nana Addo Akufo-Addo has ceremonially launched the generation of electricity, using gas from the Sankofa field.
Profits jump as Exceed injects impetus into overseas expansion
Well management firm Exceed Energy has enjoyed at jump in profits after injecting fresh impetus to its overseas expansion ambitions.
Tullow chief exec and exploration boss exit, shares nosedive
Tullow Oil chief executive Paul McDade and exploration director Angus McCoss have resigned with immediate effect as production expectations for 2020 and beyond have been slashed.
Springfield celebrates one for one in Ghana
Springfield Exploration and Production has discovered 50 metres of light net oil pay at its Afina-1 well, with gross thickness of 65 metres, offshore Ghana.
Kosmos scores in Equatorial Guinea
Kosmos Energy notched up $16 million in net income for the third quarter, while also celebrating a discovery offshore Equatorial Guinea.
Ghana challenges slow Pecan development for Aker
Aker Energy has changed its plans to develop the Pecan field in Ghana in the face of regulatory complexity.
Springfield launches deepwater drilling off Ghana
Springfield Exploration and Production began drilling the Afina-1x well, offshore Ghana, on October 7.
Equatorial Guinea pitches for investment
Equatorial Guinea is pioneering developments in gas trading around West Africa with plans for a first regasification facility and political initiatives.
Ghana, Cote d’Ivoire come closer
Ghana has set out a proposal on how to develop potential cross-border resources with its neighbour, Cote d’Ivoire.
Stena Drilling booked for campaign off Ghana
Aberdeen-based Stena Drilling has won a contract to provide a drillship for a well campaign off Ghana.
Subsea 7 takes the spoils as Tullow awards contract for Ghana project
Subsea 7 has won a contract with Tullow Ghana on the Jubilee field.
Scottish Uni to help bring thousands of people into Ghana’s oil industry
Glasgow Caledonian University (GCU) has entered a five-year partnership to help bring thousands of young people into Ghana’s oil and gas industry.
Kosmos wins £50m legal battle with Tullow Oil
UK firm Tullow Oil has lost a legal dispute with Kosmos Energy over the termination of a contract in Ghana.
Stena Drilling ship booked for Ghana job
Aberdeen-headquartered Stena Drilling has won a contract to supply one of its vessels for a project in Ghana later this year.
Aberdeen to play ‘vital part’ in Ghana’s ‘oil boom’
The chief executive of Ghana’s Petroleum Commission has said Aberdeen will play a “vital part” in the country’s upcoming “oil boom”.
Ghana in energy trade mission to Aberdeen
Scotland’s biggest trade delegation from Africa arrives in Aberdeen next week.
Ghana favors forecourt operator as Exxon Mobil partner
Ghana sees the country’s state-owned gas-station operator as the leading bidder to partner Exxon Mobil for the exploration of crude at an offshore field, according to two people familiar with the matter.