The International Court of Justice has delayed to early November the hearing of the maritime border dispute between Kenya and Somalia and hence delaying further the earlier approved offshore oil and gas exploration activities by both countries…
Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, has spudded the first of its new deepwater wells off the coast of Ghana.After targeting Afina-1x, the Stena Forth drillship will move to drill Oak-1x. The…
Aker Energy Ghana, a subsidiary of Norwegian-based oil exploration and production firm Aker Energy AS, has entered into an agreement to issue $100 million of convertible subordinated bonds to Africa Finance Corporation (AFC).AFC also intends to take part in future capital market activities…
Eni and its partners have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana, the Italian supermajor announced of Wednesday.Eni said it will be the operator of the license, and its…
UK-based oil & gas company Tullow Oil Plc’s subsidiary Tullow Oil Ghana, has announced the pushing back completion of drilling of the Enyenra-14 production well in Deepwater Tweneboa, Enyenra and Ntomme (TEN) field development following revision of 2019 projection figures for this offshore project…
Italian supermajor Eni said it has found gas and condensate in the first exploration well drilled in CTP-Block 4, approximately 50 kilometers off the Ghana coast.The well was drilled on the Akoma exploration prospect and proved an estimated…
The offshore oil and gas operator Aker Energy Ghana, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announces that is has concluded its appraisal drilling campaign offshore Ghana.The Company is currently working on a revised Plan for Development and Operations (PDO)…
Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means…
Ocean Yield announced Tuesday that it has entered into an agreement with Aker Energy for the option to bareboat charter the floating production, storage and offloading unit (FPSO) Dhirubhai-1 for a period of 15 years. If the option is exercised…
London-based Tullow Oil has unveiled plans to drill for oil and gas in Ghana's offshore Tweneboa Enyenra Ntomme (TEN) oil fields in the deepwater Tano Block as the company embarks on a work program that could see it increase its production in West Africa by 10% in 2019…
The operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, Aker Energy, has announced the near-completion of a successful drilling operation of the Pecan-4A appraisal well offshore the Western Region of Ghana.This, the Chief Executive Officer at Aker Energy…
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.The interest is a major vote of confidence in Ghana…
Ghana has approved state-owned company GOIL as minority local partner for Exxon Mobil's deepwater offshore oilfield, Energy Minister Peter Amewu said on Wednesday.The West African nation is receiving 'huge interest' from international and local…
Ghana's liquefied natural gas (LNG) import project is finally under construction, years after its original inception, with two vessels contracted to store and regasify the fuel by the second quarter of 2020, a project partner said on Wednesday…
UK-based Tullow Oil aims to ramp up its oil production in Ghana to 180,000 barrels per day by the end of the year, following successful drilling of additional wells, its Ghana head Kweku Awotwi said on Tuesday.Tullow is confident of sustaining peak production from its two oilfields in Ghana…