Aker BP has completed its Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area. The recoverable volume is estimated at 96-134 million barrels of oil equivalent (MMboe).Omega Alfa is among the largest commercial discoveries in Norway in a decade. Building...
Category: Oil and Gas
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GOIL PLC Board Embarks on Onboarding and Familiarization Tour
The Board of Directors of GOIL PLC has begun an onboarding and familiarization programme with visits to key operational sites in Accra. Their first stop was the nearly completed new Head Office complex at Dzorwulu, which features green and sustainable systems such as solar panels, rainwater harvesting, and multiple power and water supply sources. Board...
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Energy Minister Assesses Atuabo Gas Plant Maintenance, Announces New Processing Facility
The Minister of Energy and Green Transition, Hon. John Abdulai Jinapor, has inspected ongoing shutdown maintenance works at the Atuabo Gas Processing Plant in the Western Region, expressing confidence in the progress made so far. The plant, a key pillar of Ghana’s energy infrastructure, is undergoing scheduled maintenance to boost efficiency, reliability, and processing capacity....
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Norway oil output hits 10-year high from new Equinor field
Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor’s new Johan Castberg field in the Barents Sea. The country’s output rose 17% from June to 1.96 million barrels a day, the Norwegian Offshore Directorate said in a statement Wednesday. That was the highest in data...
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Energy Minister Swears in New Petroleum Commission Board, Tasks Them with Reviving Oil Industry
Ghana’s Minister of Energy and Green Transition, Hon. John Abdulai Jinapor (MP), has inaugurated the newly constituted Board of the Petroleum Commission, charging its members with the urgent responsibility of revitalizing the country’s upstream petroleum sector. The Minister underscored the board’s pivotal role in reversing declining oil reserves, boosting production, and restoring investor confidence, particularly...
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Ukrainian Drones Hit Another Russian Oil Refinery
A Lukoil refinery in the Russian city of Volgograd is on fire after being hit by Ukrainian drones overnight, Andrey Bocharov, governor of the Volgograd region, said on Tuesday. The Volgograd refinery is Lukoil’s second-biggest crude processing facility in Russia and a key fuel supplier to the southern federal district in the country.Russia has said...
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Mannschaft Backs PHDC with GH₵300m to Kickstart Ghana’s Petroleum Hub
Ghana’s dream of becoming a leading petroleum and petrochemical hub in Africa is one step closer to reality. The Petroleum Hub Development Corporation (PHDC) has signed a landmark Memorandum of Understanding (MoU) with Ghanaian firm Mannschaft Engineering and Infrastructure Systems to fast-track the multibillion-dollar project. The deal, signed on August 13, 2025, will see Mannschaft...
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Namport cancels developer bid for Lüderitz oil and gas supply base
The Namibian Ports Authority (Namport) has cancelled the developer bid for the planned oil and gas supply base at Lüderitz Bay, citing confusion among the public and stakeholders over the ongoing Environmental Impact Assessment (EIA).Namport’s Marketing and Stakeholder Engagement Manager, Cliff Shikuambi, said the decision was necessary to address misconceptions surrounding the project. “One critical...
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Namibia’s oil future linked to local content and stability
Namibia’s political stability and strong regulatory framework place it in a favourable position to develop its oil and gas sector, according to Esueme Kikile, General Manager for Human Capacity Development at Nigeria’s Content Development and Monitoring Board (NCDMB). You also lost your previous president. What did you do? You were able to transition seamlessly, hold...
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Ghana Marks 15 Years of Oil Production as Questions Loom Over Revenue Use
Fifteen years after Ghana began producing crude oil in commercial quantities from the Jubilee Field, concerns are mounting over how the billions in oil revenue have been managed. With production projected to run dry within the next decade, PhD researcher Odelia Ntiamoah is tracking how the country has utilized and accounted for its share of...