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