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01.08.2014 Ghana loses $30 billion over bad oil deal

The Ghana Institute of Governance and Security (GIGS) has revealed that Ghana stands to lose over $30 billion from expected revenues in the exploration and exploitation of its oil resources for the next 20 years if parliament goes ahead to approve the Petroleum Explorati

23.06.2014 Lukoil Eyes Stake in Hess Project Offshore Ghana

Lukoil and US independent Hess Corp. are said to be in talks regarding a project offshore Ghana. Lukoil is considering picking up a stake in Hess’ Deepwater Tano/Cape Three Points Block.

12.05.2014 Three killed in crash of chopper bound for Lukoil rig off Ghana's coast

A service helicopter carrying workers to an oil rig off the coast of Ghana operated by Russia's Lukoil crashed into the ocean on May 8, killing at least three people, a military spokesman said, Reuters has reported.

11.11.2013 Gnana Parliament to Receive Applications for Exploration from More Firms

Papers covering petroleum agreements between government and some private companies and organisations for explorations rights are to be presented to parliament next week, Ghana Business News reported on November 8.

28.10.2013 Ghana Oil Output to Hit 180,000 Barrels per Day in 2016

Ghana’s total oil output is expected to top 180,000 barrels per day (bpd) when the Tweneboa-Enyenra-Ntomme (TEN) oil field begins commercial production in mid-2016, GhanaWeb reported on October 25, citing Tullow Oil, lead operator of the field.

04.07.2013 Tap Oil Limited Provides Starfish-1 Exploration Well and Drilling Update

Tap Oil Limited (ASX:TAP) provides the following update of the Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana.