Halliburton To Sack 800 Oil Workers As Shale Slowdown Bites
Nigeria: Dangote Oil Refinery Key Equipment Arrives From China
Ghana: Gov’t Spends GHS 373.9 Million As Subsidies On Premix Fuel In Three Years
The Minister admitted there are challenges with premix fuel distribution because of subsidies on the product.
He explained that whenever there are subsidies, distribution of the product tends to create rents which also leads to middlemen smuggling of it.
He promised that his Ministry would continue to provide policy guidelines to the NPA to ensure protection is given to genuine business players in the sector.
“We shall work closely with the Fisheries and Acquaculture Ministry and the National Premix Secretariat to expose fraudulent ones desperately trying to undermine the decency of premix fuel distribution and consumption in the country,” he said.
On his part, Mr Alhassan Tampuli, the NPA Chief Executive Officer (CEO), described the construction of the premix fuel outlets as demonstration by the NPA to improve standards and safety in the petroleum downstream sector.
He mentioned that the construction has, among other things, the objective to forestall recurrence of an explosion that resulted in the death of nineteen people in 2012, at Bawire, near Axim in the Western Region.
The explosion, according to Mr Tampuli, brought to fore the unsafe practices of premix retail outlets at landing beaches across the country.
He expressed the hope that the newly handed over edifice would serve the purpose for which they were constructed to ensure safe distribution and handling of premix fuel at respective landing beaches.
The project, which was fully funded by the National Petroleum Authority, was in collaboration with the state owned oil company, GOIL Ghana Limited.
Ghana: Gov’t Amends Petroleum Exploration & Production Law, Seeks Parliamentary Approval



Source: www.energynewsafrica.com TGS Acquires Gambia A2/A5 3D Survey
TGS Announces Major Update To Their Online Data Portal R360
The key objective behind this update was to create an improved user experience within R360 based on customer responses. Over the past year, TGS has worked to gather comments and opinions from a variety of different users of the software to establish how R360 could improve their workflows and boost efficiency.
This information was the key driver behind the updated design. The result is a newly enhanced interface with a layout designed to streamline workflows so users spend less time navigating the system and more time getting to the data they need.
Users will find they will have a more intuitive feel for the wide variety of tools available within R360 and how to best employ them.
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions. Oil Leaks From Equinor’s Offshore Platform Only Days After Marking 40 Years Of Production
Ghana: IPPs Worried Over GHS11billion Power Sector Debts
Ghana: Constructive Planning Needed To Prevent Costly Excess Power Supply — Energy Minister
South Africa: Financial Close Reached For Investment In A C&I Solar Power House
Nigeria: AfDB Approves $210m For Nigerian Transmission Grid Project
Ghana: Workers Of GRIDCo Hit Streets Of Accra Over ECG, NEDCo & VALCo’s Huge Indebtedness
National Chairman of Staff Group of GRIDCo, Raphael Kornor, said at a press conference recently that the unavailability of funds to the company had forced it into rationing fuels for their staff’s travel for maintenance works while hoteliers have refused to make their facilities available to staff who travel for work due to their indebtedness.
He added that government had also not paid some GH¢250 million requested by the management of GRIDCo while it took steps to raise bonds to settle the legacy debt in the energy sector although the president had directed the Ministry of Finance to release the money.
“The first Energy Sector Levy Act bond which was raised by this present government in 2017/2018, our sister company, the VRA had over $550 million to settle their indebtedness with the banks but not a dime was given to GRIDCo to offset the ECG and VALCO indebtedness to us,” Mr Kornor lamented.
He, therefore, called on the government to as a matter of urgency settle the ECG and VALCO indebtedness to GRIDCo which he says has stalled some new projects being undertaken by the company.
Mr Kornor said if the government failed to settle the debts, then they would be left with no choice but to embark on industrial action, beginning with treating all emergency works as normal work within the normal working hours.
The association said if by close of work on December 4, the debts were not cleared, they would embark on a sit down strike and impress upon their management to cut power supply to all customers which are indebted to it.
Source:www.energynewsafrica.com Ghana: GRIDCo Gets New Head Of Public Affairs
Ghana: Exclusive Photos From The Ghana Energy Awards
Energynewsafrica.com brings you exclusive photos captured by our photographer who covered the 3rd edition of this year’s Ghana Energy Awards held last Friday at the Labadi Beach Hotel in Accra, capital of Ghana.
The awards, which was under the theme: ‘Energy, a key to sustainable industrialisation’, hosted Ghana’s Everything Minister, John-Peter Amewu, as the Guest of Honour. Key personalities who also attended the programme were the Deputy Minister for Energy in-charge of petroleum, Dr Mohammed Amin Adam, CEO of Volta River Authority, Ing. Emmanuel Antwi-Darkwa, CEO of Ghana Grid Company, Ing. Jonathan Amoako-Baah, Wisdom Ahiataku Togobo, Director for Renewable Energy and Nuclear Energy at the Ministry of Energy, CEO of West Africa Gas Pipeline Company, Greg Germani, Paa Kwasi Anamua Sakyi, Executive Director for IES, Benjamin Boakye, Executive Director for ACEP, CEO for Chamber of Bulk Oil Distributors, Senyo Hosi, Rev. Oscar Amonoo-Neizer, Executive Secretary of Energy Commission, and Mr. Jabez Amissah Arthur, former CEO of Bui Power Authority.



























Source:www.energynewsafrica.com


