Tag: oil production

GNPC is focusing on fostering an investor-friendly climate to attract international partners and boost production.

“Our goal is to rapidly increase oil production, and to achieve this, it is crucial that we prioritize speed in our operations.”  

Over the past two decades, Ghana has successfully transitioned from being a net oil importer to an emerging oil producer, with significant offshore discoveries driving production growth. Key offshore fields, ...

The African energy landscape is poised for transformative changes in 2025, driven by substantial investments in renewable energy, hydropower, oil production, regional grid integration, and sustainability initiatives. Experts believe these ...

Shell Offshore Inc., a subsidiary of Shell plc (Shell), has announced the Final Investment Decision (FID) for the Phase 3 Silvertip project, a strategic expansion aimed at enhancing production from ...

London-based Tullow Oil may soon be acquired by its larger U.S.-based competitor Kosmos Energy, as the two companies confirmed they are in early discussions regarding a potential all-share takeover.   ...

Angola’s recent implementation of the Incremental Production Decree has drawn praise from global energy players, with Norwegian multinational Equinor hailing the new fiscal reforms as a landmark development.   Nina ...

Ghana's oil industry has faced significant challenges in recent years. Production levels have declined substantially since their peak in 2019. The current state of affairs paints a stark contrast to ...

Ghana has recorded a substantial increase in its petroleum revenue during the first half of 2024. This 55.6% rise, attributed to a boost in crude oil production, represents a significant ...

The head of the Institute for Energy Security (IES), Nana Amoasi VII, has predicted a notable rise in fuel costs in the coming weeks. On April 3, 2024, the National ...