First oil has flowed from the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana to the production ship, FPSO Prof. John Evans Atta Mills, UK-based Tullow Oil announced August 18. Tullow as operator said that first oil was achieved “on time and on budget” three years after the plan of development was approved by Ghana’s government in May 2013.
Here is How Tanzania is Planning National Participation in Oil and gas Industry
History has taught humanity that a country can have enormous natural resources, but fare badly economically. Sometimes a country endowed with natural resources can miss out completely on all or part of the resources. Then natural resources become a curse! In the heat of discoveries, sometimes manufacturing and agriculture sectors are forgotten. This happens especially
Ghana Plans to Commence production from Three Offshore Fields This week
The director of an oil project in Ghana says that three offshore fields are expected to produce their first oil this week. Terry Hughes, director of the Tweneboa, Enyema and Ntomme fields known as TEN, said the fields off the country’s western coast have an estimated reserve of 300 million barrels over 20 years. He
Kenya Government Approves Production of 4,000 Barrels Per day, To be Transported by Road
Kenya’s government says it has approved a plan to produce between 2,000 and 4,000 barrels a day of crude oil in an effort to exploit the country’s oil production potential. A statement from the president’s communications department said that infrastructure will be upgraded to allow trucks to ferry the oil to the country’s main port
OPEC Meeting in Algeria Will discuss ways on how to stabilize the Oil Market—Saudi Arabia
Saudi Arabia will work with OPEC and non-OPEC members to help stabilize oil markets, it said on Thursday a month ahead of an informal meeting of major producing countries in Algeria. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum (IEF), which groups producers and
Tanzania Energy Minister Says gas Industry will be an “economic revolution” for the Country
Tanzania and its oil industry partners are to invest $30bn in a gas processing plant that will lead to an “economic revolution”, according to the country’s energy minister. Sospeter Muhongo, speaking to the Dar es Salaam Daily News, said the government had already embarked on the preliminary work and that Tanzanians should expect rapid growth
Employment in oil and Gas production across the world has declined by 26Pct due to Price Fall—Report
Data obtained from the United States, US, Energy Information Administration, EIA, has put the continued decline of employment in the oil and natural gas production across the world at 26 percent between 2014 and 2016. The report, which captured between October 2014 and May 2016, stated that employment in oil and gas production reached a
The Uganda-Tanzania Oil Pipeline Route: Current Project Status and Proposed Route
Following the decision by the government of Uganda to route is crude oil southwards to Tanzania’s Northeastern Port of Tanga, both governments pledged to expedite the project and work was expected to start this August 2016. However, the need to make necessary evaluation on the Fiscal framework, Size of the pipeline corridor, and Set of time-bound
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Uganda Cabinet Endorse Issuance of Oil Production Licences to French Giant Total
The government of Uganda approved a ministerial request to issue Oil Production Licences to French Giant Total Uganda oil has learnt. According to a cabinet communique, government approved the Minister of Energy and Mineral Development request to issue three production for fields; Ngiri, Jobi-ri and Gunya under exploration area 1 of the Albertine Basin. “…approved