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New Oil Field

Uncertain prospects for Cambodia’s recently tapped oil field

(dpa) - The future of Cambodia’s nascent petroleum sector has been dealt a blow after a disappointing start to production at the country’s...
Kadijah Amoah Country Director Of Aker Energy Ghana Ltd

COVID-19: Aker Energy postpones development of Ghana oil field

Aker Energy and license partners have taken the decision to postpone the development of the Pecan field in the Deepwater Tano Cape Three Points...
petroleum revenue

Oil field services jobs could reduce by 20 percent due to low prices, pandemic

One out of five oil-field services jobs could disappear this year as decades-low prices and the COVID-19 pandemic hammers the industry, U.S. local newspaper...
oil-gas refinery

Libyan oil corporation closes refinery amid suspension of oil production in southern oil field

The National Oil Corporation (NOC) of Libya's UN-backed government on Monday announced shutting down a local refinery in western Libya because of the closure...
Africa Centre for Energy Policy (ACEP)

VRA Must Pay For The Gas It Utilize – ACEP

In recent times the Ghanaian public has been subjected to the political debate about which political party is responsible for the inability of the...
oil revenues

Libya heightens security in its largest oil field

Libya's Prime Minister Fayez Serraj on Monday agreed with the Chairman of the state-owned National Oil Corporation (NOC) Mustafa Sanalla to enhance security in...
Jubilee oilfield

Ghana’s 3rd oil field begins production

Ghana's third commercial oil field Sankofa-Gye Nyame became operational officially on Thursday as President Nana Akufo-Addo turned the valves for production to commence. ...

Russia’s oil firm Rosneft finds new oil field on shelf

Russia's oil giant Rosneft said Sunday it had discovered a new oil field near the Laptev Sea, which could be the biggest on the...
Wpid Phojubileefields

Ghana says will run new oil field differently from Jubilee Field

Addressing a press conference here, the minister said the government had put in place several interventions that would enable it to run the second...
FPSO Atta Mills

Ghana’s biggest oil field comes to live

The Tweneboa-Enyenra-Ntomme (TEN) oilfield contains 80 percent oil and 20 percent gas, and will produce 23,000 barrels of oil per day (bpd) for the...

Should Ghana look beyond the Oil and Gas discovered?

Persistently low oil prices have had a devastating effect on the economies of all major oil producers/exporters including Ghana who have been accustomed to...
Ghana's third FPSO

Commercial crude oil production to begin on the TEN in August

The proposed time will be influenced by the completion of some critical test runs, reports JOYBUSINESS' George Wiafe who recently joined a team that...
oil field

Ghana commercial oil field almost ready for production

That would make 80,000 additional Barrels of oil per day (bopd) available to Ghana by the end of the year. "The TEN...

Oil rig sum continues on a sliding downward style in US

The number of oil rigs in the country this week fell by 26, and the number of oil and gas rigs totaled 514, the...
Marietta Brew

Ghana files case to defend oil field dispute against Cote d?Ivoire

The memorial (statement of case), which was filed on September 4, 2015, was filed on time, thereby making it possible for Ghana to meet...

Ghana’s main oil field to average 2015 production at 100,000 bopd

Ghana's main oilfield Jubilee field will average 2015 production at 100,000 barrels of oil per day (100,000 bopd), operators Tullow Oil plc have said....

IS abducts 8 foreigners in Libya on Sunday

IS guerrillas have abducted eight foreigners, including one Bangladeshi national from an oil field in Libya on Sunday, Bangladesh's foreign ministry officials said on...
Islamic State jihadists

Libyan oil field under serious IS loyalists attack

Militants loyal to the Islamic State (IS) group continued their assaults on Libya's southern oil field al-Ghani on Saturday, killing at least 11 guards,...