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


News in Brief

Government tasks GNPC to investigate shortfalls in Jubilee oil production

Government has tasked the Ghana National Petroleum Corporation, GNPC to investigate circumstances leading to expected shortfalls in oil production in the Jubilee field.

It had been estimated that the field would produce on the average, 120 thousand barrels of oil a day. The target is however yet to be achieved more than a year after production began due to challenges with some wells. Operator of the Jubilee Field, Tullow Oil now says production for the year would peak around 90 thousand barrels a day due to some technical difficulties.

Deputy Energy Minister Emmanuel Kofi Buah tells Joynews government is contemplating measures to boost production. “The Minister has directed that a comprehensive study be done and clear findings submitted to the ministry on the underlying factors of the estimated shortfall. This should provide us relevant lessons moving forward to efficiently increase production in the future” he noted.

http://business.myjoyonline.com/pages/news/201201/80082.php

 

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


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
<< Aug 2017 >>
MTWTFSS
31 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
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar