Ghanaians should treat Mahama’s suggestion “with the utmost contempt it deserves”, the statement concluded.
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.
Eni has made a significant oil find offshore Ghana, close to its existing Sankofa hub, which would allow it to fast track production.
A lack of co-operation between Eni and Springfield E&P in Ghana risks losing the state $6.34 billion, the Institute for Energy Studies (IES) has warned.
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.
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.
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.
Ghana has made considerable progress in distributing power to its citizens, but talks are under way in order to make this process more sustainable.
Ghana’s Ministry of Energy has called for Eni and Springfield Exploration and Production to begin a process of unitisation covering the companies’ Sankofa and Afina finds.
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.
Ghanaian President Nana Addo Akufo-Addo has ceremonially launched the generation of electricity, using gas from the Sankofa field.