Ghana has taken a major step towards reinforcing its position as a leading oil and gas producer in West Africa, following the signing of a Memorandum of Understanding (MoU) between the government and key energy partners to extend the production licences for the Jubilee and TEN oil fields to 2040. The agreement,announced in a statement […]
Tag: PetroSA
Freddy Blay dismisses 7% JOHL shares diversion claims
The Chairman of the Board of the Ghana National Petroleum Corporation (GNPC), Freddy Worsemao Armah Blay, has said the allegations surrounding the supposed “surreptitious,” “clandestine,” and “scandalous” sale of the so called GNPC shares are unequivocally false. According to him, there was “no intention by GNPC or me as its Chairman, to divest seven per […]
GNPC Board Chairman Freddie Blay dismisses calls for resignation amid stake sale controversy
Mr. Freddie Blay, the Chairman of the Ghana National Petroleum Corporation (GNPC) and former New Patriotic Party (NPP) chairman has responded to the demands from some Civil Society Organisations (CSOs) urging him to step down. The calls for his resignation came after the GNPC announced plans to sell a 50% stake in Jubilee Holdings Limited […]