Details: Springfield E&P’s 1.5 Billion barrels oil discovery Offshore Ghana

Springfield Exploration and Production (SEP) Limited and its Partners, Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO, officially announce significant oil discovery following its maiden Afina-1 well drilling campaign in the West Cape Three Points (WCTP) Block 2, offshore Ghana. Afina-1 which is located at a water depth of 1030 metres was drilled to a […]

Keep GNPC in check over ‘wasteful’ spending-PIAC to Parliament

The Public Interest and Accountability Committee (PIAC), has asked Parliament to immediately step in and put a cap on the Ghana National Petroleum Corporation’s (GNPC) Corporate Social Investment. PIAC fears GNPC may veer off its core mandate if it continues with its current expenditure trends. The committee reiterated the position following memos emerging from the […]

I don’t own Fuel Trade and I have no interest in it-GNPC boss denies IMANI allegations

Story by: Enoch Darfah Frimpong The Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Dr K.K. Sarpong has denied owning Fuel Trade as claimed by policy think tank, IMANI Africa. IMANI Africa had accused Dr Sarpong of engaging in a conflict of interest situation in a US$4.4 billion petroleum agreement between Ghana and […]

GFZA, GNPC, NEIP MASLOC, FDA others to announce turn-around details at 5th National Policy Summit on Monday

Chief Executive Officers (CEO’s) of eight (8) State Owned Enterprises and state programs will on Monday December 10, 2018 outline details of a turnaround in their operations over the last 23 months of the Akufo-Addo administration. They include the: Accra Digital Centre, Ghana National Petroleum Corporation (GNPC), Ghana Free Zones Authority (GFZA), State Housing Company, […]

Global business community now eager to engage with Ghana-President Akufo-Addo

President Nana Addo Dankwa Akufo-Addo says the modest successes chalked by his  government in the quest to transform Ghana’s economy, over the past 20 months, is being recognized by the global business community which is now eager to engage with Ghana. According to President Akufo-Addo, his government’s overarching goal to diversify the Ghanaian economy, from […]