Tullow Oil, a UK-based oil giant, has announced plans to resume drilling in Ghana's oilfields in May 2025, following the ...

In a statement in advance of the Group’s 2024 Full Year Result, the UK oil giant said a successful resolution of the Ghana Branch Profits Remittance Tax arbitration, removes $320 million contingent ...

Domestic petroleum revenue fell 62.63 percent in the second half of 2024, with receipts totalling US$517million, down from ...

Newly appointed Acting Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Edward Bawa, has promised to reform the Corporation .

After peaking in 2010, Ghana’s oil output had steadily dropped, reaching a five-year low in 2023 due to reduced production in existing fields, which offset the gains from new wells, Reuters ...

For an oil field that has not generated even up to $10 million in 55 years! 17. By the way, the picture on the left is how the rig looked before the roughly $100 million was spent on the project.

The Herald has gathered reports, indicating that the Mahama government, has asked for the withdrawal of the proposed unitisation between Eni’s Sankofa Gye Nyame (SGN) Field and Springfield’s West Cape ...

51, No. 2, Special Focus: Burundi after the 2015 Elections (2016), pp. 79-91 (13 pages) This paper undertakes a five-year review of the management of oil revenues in Ghana since the commencement of ...

Tullow Ghana, in collaboration with its partners, has initiated a 4D seismic survey across the Jubilee and TEN fields. This move marks a crucial step in advancing its drilling operations for 2025 and ...

The drilling encountered 72 metres of net oil pay in two turbidite fans. The company said the objective of the Zaedyus well was to test whether its productive Jubilee field off the coast of Ghana ...

Domestic petroleum revenue recorded in the second half of 2024  decline by 62.63% dropping to US$517 million from US$840.77 ...