Eni Ghana E News

 

Tullow Oil Taps Petrofac of O&M Services at Ghana FPSO

Jul 05, 2022

London-listed oilfield services giant Petrofac has won a contract with the oil firm Tullow Oil to provide operations services for Tullow's Jubilee Development offshore Ghana.Petrofac’s role in the Jubilee development in Ghana – one of the largest…

Kosmos to Spend $400M on Ghana, GoM, E. Guinea Assets and $300M on Senegal/Mauritania Projects

Feb 28, 2022

Oil and gas company Kosmos expects to spend approximately $700 million in capital expenditures in 2022.The company will spend around $400 million of the budget in relation to its base business in Ghana, Equatorial Guinea, and Gulf of Mexico…

Ghana Sees Need for Energy Transition, Still Sees Gas as Key - Deputy Minister

Nov 09, 2021

Ghana's deputy energy minister said on Tuesday that he recognizes the need for an energy transition but still strongly believes that gas will be an important source of energy going forward.Ghana discovered oil in 2007 and began production at the end of 2010…

Coral Sul FLNG Project on Track, Eni Says

Nov 05, 2021

Claudio Descalzi, CEO of the Italian oil and gas giant Eni on Friday met with Filipe Nyusi, President of Mozambique, where Eni is working to develop giant offshore gas reserves using a floating LNG unit.Descalzi updated President Nyusi on the Eni-led Coral South Project…

Eni Makes 'Significant' Oil Find Offshore Ghana. Eyes Tie-in to Nearby FPSO

Jul 06, 2021

Italian oil giant Eni said Tuesday it had made a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana.The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary…

Part of Revenue from Eni's Sankofa Field to Go into Escrow, Ghana Court Rules

Jun 25, 2021

A commercial court in Ghana on Friday ordered that 30% of revenues from an Eni-operated oilfield be placed in an escrow account, granting a request by the local operator of an adjacent field over Eni's objections.Springfield, which operates…

Exxon Mobil Relinquishes Stake in Ghana Offshore Block

Jun 04, 2021

Exxon Mobil has relinquished its 80% interest in Ghana’s Deepwater Cape Three Points offshore block, a spokesman told Reuters on Thursday.“Exxon Mobil is prioritizing near-term capital spend on the most advantaged assets with the lowest cost…

Tullow Starts Multi-well Drilling Program Offshore Ghana

Apr 06, 2021

Oil and gas company Tullow Oil on Tuesday said it was starting a multi-year, multi-well drilling campaign offshore Ghana.The campaign started with the start of drilling of the first well at the Jubilee offshore field on Monday.Maersk Drilling's…

In Sub-Saharan Africa's First, Ghana Takes Delivery of Offshore LNG Terminal

Jan 08, 2021

Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners…

Ghana Tells Eni, Springfield to Unitize Offshore Oil Fields

Nov 12, 2020

Ghana has imposed terms and conditions for Italian major ENI and Ghanaian operator Springfield E&P to combine their adjacent oil and gas fields, after the parties failed to reach an agreement, according to a letter from the energy ministry.The Oct…

Total Backs Out of Oxy's Ghana Assets Acquisition

May 18, 2020

French oil major Total is pulling out of the agreed acquisition of Occidental Petroleum's Ghana assets.The two companies in 2019 signed a deal whereby Total was to acquire all of the assets of Anadarko in Africa for about $8.8 billion, following the completion of Oxy's takeover of Anadarko…

Shell, Eni Lead Oil Majors' Climate Ambitions But Still Fall Short - Investors

May 12, 2020

None of the big oil companies currently meet U.N. targets to limit global warming despite the most ambitious targets set by Royal Dutch Shell and Eni , investors managing $19 trillion said on Tuesday.The Transition Pathway Initiative (TPI),…

Ghana Instructs Eni and Local Producer to Combine Oil Fields

May 08, 2020

Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields, according to a letter seen by Reuters.The April 9 letter from Energy Minister John-Peter Amewu to the two companies says seismic data indicates that Eni's Sankofa offshore field…

Italy Govt Proposes New Term of Office for Eni, Enel CEOs

Apr 21, 2020

Italy's government gave the green light to a third term in office for the chief executives of Italy's top two energy firms Eni and Enel on Tuesday but flagged new chairmen, reflecting an intention to monitor their performances.In its list of candidates for top state-controlled companies…

Yinson Closes $800M FPSO Refinancing

Apr 16, 2020

Yinson has completed an $800 million refinancing exercise for FPSO John Agyekum Kufuor, with the loan drawn down on April 14.The FPSO firm had announced the refinancing deal for the FPSO located in Ghana back in November 2019. The company at…

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