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Ghana News

 

Tullow Oil’s New Well off Ghana Delivers ‘Better Than Expected’ Net Pay

Aug 06, 2025

Tullow Oil has restarted the drilling campaign at Jubilee field offshore Ghana, with the first well that came onstream delivering ‘better than expected’ net pay during drilling operations with Noble Corporation’s Noble Venture drillship.Tullow Oil brought the the J72-P well, the first of two Jubilee production wells in 2025, onstream at the end of July having encountered better than expected net pay during drilling operations…

Tullow Oil Exits Gabon with Assets Sale to Gabon Oil Company

Jul 30, 2025

Tullow Oil has completed the sale of its assets in Gabon to the Gabon Oil Company (GOC) for $307 million, exiting the African country after 21 years of operations.The transaction represents the sale of 100% of the shares in Tullow’s subsidiary Tullow Oil Gabon…

Eni Launches Services Firm for Oil Drilling Industry

Jul 01, 2025

Versalis, Eni’s chemical company, has set out plans to transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions.As of July 1, 2025, Eni has consolidated Versalis’ position in the oilfield services…

Tullow Oil Lines Up Production Extension for Jubilee and TEN fields off Ghana

Jun 04, 2025

Tullow Oil and its partners have signed a memorandum of understanding (MoU) with the Government of Ghana to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licenses to 2040, which cover the Jubilee and TEN fields off the West African country…

Eni Starts Drilling Activities off Ghana with Seventh-Gen Drillship

May 30, 2025

Eni Ghana, a subsidiary of Italy’s Eni, has marked the start of drilling activities offshore Ghana with the arrival of Deep Value Driller (DVD) drillship, following completion of activities in Côte d'Ivoire.Eni Ghana, together with its Offshore…

Eni to Sell Stakes in West African Oil and Gas Assets to Vitol for $1.65B

Mar 19, 2025

Vitol will acquire interests in certain assets owned by Eni, including including the Baleine project in Cote d’Ivoire and Congo LNG project in the Republic of Congo, for $1.65 billion.According to the agreement between the parties, Vitol will…

Afreximbank to Create $1B Oil Service Financing Facility in Guyana

Feb 24, 2025

African Export-Import Bank (Afreximbank) has unveiled plans to establish a $1 billion oil service financing facility in Guyana, which aims to enhance local participation in the country’s fast growing oil industry.The bank will deploy the $1…

Tullow Oil Gets $320M Ghana Ops Tax Exemption

Jan 06, 2025

Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 million tax on its Ghana operations.The International Chamber of Commerce (ICC) ruled that the Branch Profit Remittance Tax (BPRT)…

Noble Secures Work in Ghana and Gulf of Mexico for Its Drillship Pair

Dec 19, 2024

Offshore drilling contractor Noble Corporation has secured work for its Noble Venturer drillship, set for operations offshore Ghana, and Noble Globetrotter I drillship, which will be deployed in the Gulf of Mexico.The contract for Noble Venturer is with Tullow Ghana…

Kosmos Energy Cancels Tullow Oil Takeover

Dec 17, 2024

U.S. oil and gas firm Kosmos Energy walked away from its pursuit of West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision, prompting a 10% drop in Tullow's shares.Kosmos' announcement comes less than a week…

Petrofac to Support Marathon Oil’s Activities in Equatorial Guinea

Oct 09, 2024

Oilfield services provider Petrofac has secured a new master service agreement (MSA) with Marathon Oil to support its key onshore and offshore assets in Equatorial Guinea.Under the agreement Petrofac will provide technical authority and discipline engineering support…

Northern Ocean Forms Alliance with Springfield as It Secures Work for Deepsea Bollsta Rig

Sep 27, 2024

Offshore drilling contractor Northern Ocean has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group for the use of the Deepsea Bollsta on a well test of the Afina 1x well, amongst other activities.The strategic…

Shearwater Gets 4D seismic Job at Ghana’s Jubilee Field

Sep 03, 2024

Marine seismic acquisition firm Shearwater Geoservices has secured a 4D seismic monitoring contract for the Jubilee field in Ghana, operated by Tullow Ghana.The two-month survey will be conducted early 2025.This will be the first contract conducted by Shearwater Ghana…

DeepOcean Gets Subsea Services Job at Woodside’s Sangomar Field

Jun 19, 2024

Ocean services provider DeepOcean has secured frame agreements with Woodside Energy's Senegalese subsidiary to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field, offshore Senegal, West Africa.The scope of work includes project management…

Noble Corporation’s Drillship Seizes Africa’s Drilling Opportunities

Apr 23, 2024

Offshore drilling firm Noble Corporation has informed about two new drilling campaigns secured for its Noble Venturer drillship in Africa, which is currently employed on drilling assignment with Tullow Oil offshore Ghana.Following the early…

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