Tag: energy sector

“We knew from the beginning of the program that there were challenges related to the energy sector.

Ghana’s energy sector is in crisis, with Finance Minister Hon. Cassiel Ato Forson describing it as the country’s “biggest economic risk” during a recent deep-dive session on the Ghana Energy ...

In a high-level meeting, both parties discussed a strategic roadmap to ensure the long-term viability of the field, which remains central to Ghana’s crude oil production.

Ayuk emphasized that Russian energy companies, including Gazprom and Rosatom, have taken concrete steps toward strengthening Africa’s energy infrastructure.

"As GNPC ramps up efforts to develop marginal fields, we require research-driven solutions that strengthen our capabilities as a national oil company.” 

The newly constituted 11-member board, announced on April 2, 2025, includes Engineer Bashir Bayo Ojulari as the new GCEO and Ahmadu Musa Kida as the non-executive chairman.

The move signals Kenya’s determination to revive its stalled oil and gas industry by offering tax incentives and other investment-friendly policies to attract international energy firms.

“Ghana drilling programme with Noble Venturer to commence in May 2025, with two Jubilee wells (one producer and one water injector) expected to come onstream in the third quarter of ...

The report, compiled by a five-member investigative committee, revealed significant procurement lapses and financial irregularities amounting to GH₵1.5 billion.

The discussions focused on GNPC’s adherence to governance principles, its sustainability plans beyond 2026, and the ongoing management of Ghana’s petroleum resources