Aker Energy AS has appointed Mrs. Kadijah Amoah as Country Director of Aker Energy Ghana Ltd, effective 1 February 2020. The appointment follows Aker Energy’s strategy to strengthen the company’s local presence and management in Ghana. By this, she becomes the first Ghanaian woman to lead an oil firm operating in the country. “We are […]
The Petroleum Agreement ratified by Parliament for the South Deepwater Tano (SDWT) block gives a fiscal take to Ghana, which is substantially above the international deepwater average of approximately 55%. A statement issued by AGM Petroleum Ghana Limited (AGM) said Ghana would be the main beneficiary of the profits from any oil produced in the […]
Parliament has approved the amended deal with AGM Petroleum for oil exploration in the Deep South West Tano oil block. The critical decision to accept the recommendations of Parliament’s Mines and Energy Committee was made through voice vote supervised by the Speaker, Prof Aaron Mike Oquaye, amidst opposition from the National Democratic Congress (NDC) minority. […]
Indigenous Ghanaian company QUAD Energy will partner AGM Petroleum in its oil and Gas exploration and production activities in Ghana. A statement issued by QUAD Energy and signed its Director, David Adomakoh and in the possession of BestNewsGH.com said the company was incorporated in April 2019 and has the relevant and requisite expertise and experience […]
IMANI Africa’s analysis of the contractual agreement between the Government and Aker Energy, a Norwegian oil firm, of the Deepwater Tano/Cape Three Points (DWT/CTP) block lacked technical knowledge and understanding of petroleum economics. Mr Peter John Amewu, the Energy Minister, said this when he addressed a news conference in Accra on Friday, to respond to […]
Norwegian oil company, Aker says its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means. The subsidiary, Aker Energy, plans to develop the deepwater Pecan field off Ghana. “Depending on the approval process […]
Ghana has yet again discovered large deposits of oil ready for commercial exploration. In what is a major oil discovery, the Norwegian company Aker Energy ASA announced on January 10, 2019 that based on existing subsurface data from seismic, wells drilled and an analysis of the Pecan-4A well result, the existing discoveries are estimated to […]
