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…
Oil and gas companies Tullow Oil and PetroSA have decided to pre-empt the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields offshore Ghana to Kosmos Energy, as announced in October.This doesn’t mean Kosmos will not increase its interests in the said fields…
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…
Oilfield services firm TechnipFMC said Tuesday it had won a 'significant' Engineering, Procurement, Construction, and Installation contract for Tullow's Jubilee South East development, offshore Ghana. For TechnipFMC, a “significant” contract is between $75 million and $250 million…
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…
Danish offshore drilling company Maersk Drilling on Thursday confirmed a long-term contract with Tullow Oil for its Maersk Venturer drillship off Ghana.The firm contract following the previously agreed conditional letter of award, and includes…
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…
Bureau Veritas (BV), a testing, inspection, and certification body, has completed the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana in sheltered waters.The unit is combined with a floating storage unit (FSU) for the delivery of gas to onshore consumers…
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…
Norwegian oil firm Aker Energy, which operates the Pecan offshore oil field development offshore Ghana, is not giving up on the project, despite having recently delayed a Final Investment Decision 'indefinitely' due to the plunge in oil prices…
Fifty-eight workers tested positive for COVID-19 at an oil production facility run by Tullow Oil off Ghana's Atlantic coast, the company said in a statement on Friday,Fifty-seven workers tested positive on a support vessel for a floating production and storage (FPSO) unit…
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…
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…
Ghana expects Norway's Aker Energy to make a final investment decision in the near future regarding the West African country's planned Pecan oilfield development, Ghana's President Nana Akufo-Addo said on Monday.The government has been frustrated…
Aker Energy, a Norwegian oil company working to develop its Pecan field, offshore Ghana, has hired the Dutch offshore survey specialist Fugro to examine the seabed at the location ahead of the further Pecan infrastructure planning.The Pecan…
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