Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

Ghana government to ensure efficient management at new oilfield

  • SOURCE: | Editor
  • 2 FPSOGhana will run its recently commissioned second oilfield, the Tweneboa-Enyenra-Ntomme (TEN), differently from that of the Jubilee oilfield, Minister of Petroleum Emmanuel Armah Kofi Buah said Monday.

    The minister said in a press conference that the government had put in place several interventions that would enable it to run the second oil field differently and efficiently.

    The measures include the passage and amendment of the Petroleum Revenue Management Act (PRMA), establishment of the Petroleum Commission (PC) to regulate activities in the upstream sector, the passage of the Local Content Law, and passage of the Petroleum Exploration and Production (E&P) Bill into law.

    TEN kick-starts oil production last week. The field, which will commence with 23,000 barrels of oil production daily (bpd), is expected to peak at 80,000 barrels at full capacity by 2017. Enditem

    Source: Xinhua/News Ghana

    Share this article

    Leave a reply

    Personality of the Month
    Poll

    Do you think the President should fund the free SHS with oil revenue?

    Follow Us Online
    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Events Calendar
    << Jul 2018 >>
    MTWTFSS
    25 26 27 28 29 30 1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28 29
    30 31 1 2 3 4 5
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar