Search results for: Tano

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  • 26 March 2014
    Business & Finance, Project & Tenders, Research & Development

    The Parliament of the Republic of Ghana has ratified the Petroleum Agreement between the Government of the Republic of Ghana, Camac Energy Ghana Limited, the Ghana National Petroleum Corporation (GNPC), Base Energy Ghana Limited, and GNPC Exploration and Production Company Limited (GNPC Explorco) covering the Expanded Shallow Water Tano Block offshore Ghana in the Gulf […]

  • 26 March 2014
    Business & Finance

    CAMAC Energy Inc. has announced the Parliament of the Republic of Ghana has ratified the Petroleum Agreement between the Government of the Republic of Ghana, Camac Energy Ghana Limited, the Ghana National Petroleum Corporation, Base Energy Ghana Limited, and GNPC Exploration and Production Company Limited covering the Expanded Shallow Water Tano Block offshore Ghana in […]

  • 7 May 2014
    Business & Finance

    CAMAC Energy Inc. has signed a Petroleum Agreement with the Government of Ghana covering the Expanded Shallow Water Tano block located in the Tano Basin offshore Ghana, about 15-35 km off the coast of Ghana. The ESWT block size is 1,508 square kilometers (370,000 acres) in water depths ranging from 55 meters to 116 meters […]

  • 7 May 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    CAMAC Energy Inc. has signed a Petroleum Agreement with the Government of Ghana covering the Expanded Shallow Water Tano (ESWT) block located in the Tano Basin offshore Ghana, about 15-35 km off the coast of Ghana. The ESWT block size is 1,508 square kilometers (370,000 acres) in water depths ranging from 55 meters to 116 […]

  • 19 September 2016
    Project & Tenders

    Following years of stalemate Petrel Resources and its partners in the Pan Andean consortium might be on the verge of resolving a dispute over their offshore assets in Ghana. To remind, in 2008 the Pan Andean consortium in which Petrel now holds a 30% stake agreed an exploration licence over block Tano 2A in Ghana, however the agreement […]

  • 12 October 2016

    Clontarf, an oil and gas company with assets in Ghana, has informed that proposed work program on the Tano acreage offshore Ghana has been submitted to the Ghanaian authorities in Accra. According to Clontarf, the new work program will form part of the ongoing negotiations regarding the terms of acquiring an exploration license for the […]

  • 27 January 2014
    Business & Finance, Operations & Maintenance

    The Parliament of the Republic of Ghana has ratified the Petroleum Agreement among the Government of Ghana, Ghana National Petroleum Corporation (GNPC), GNPC Exploration and Production Company Limited (Explorco) and AGM Petroleum Ghana Limited (AGM), to explore and operate the South Deepwater Tano Block (SDWT), offshore Ghana. AGM is owned by a Consortium comprising Minexco […]

  • 5 October 2015
    Project & Tenders

    Erin Energy Corporation, previously known as CAMAC Energy, on Monday announced that the resource volume assessment of the three previously discovered fields (Tano North, Tano West, and Tano South) has been completed in the Expanded Shallow Water Tano (ESWT) Block, located offshore Ghana. The ESWT block is operated by its subsidiary company, Camac Energy Ghana […]

  • 28 February 2012
    Business & Finance

    Kosmos Energy announced has exercised a right under the existing Joint Operating Agreement to acquire the participating interest of Sabre Oil & Gas Holdings Limited in the Deepwater Tano Block, offshore Ghana. The purchase price is estimated to be approximately $365 million, with up to an additional $45 million contingent upon achieving certain performance milestones. […]

  • 17 September 2018

    Oil companies Clontarf and Petrel saw their shares spike on Monday following news on the resolution of a long-standing issue over an offshore block in Ghana.

  • 18 July 2018
    Exploration & Production

    U.S. oil company Kosmos Energy has won a dispute with Tullow regarding its share of the liability of costs related to the West Leo rig contract beyond October 1, 2016. Kosmos Energy’s subsidiary Kosmos Energy Ghana HC was successful in its arbitration against Tullow Ghana Limited in a dispute over responsibility for expenditures stemming from termination […]

  • 4 May 2012
    Business & Finance

    Kosmos Energy, an independent oil & gas exploration and production company focused on emerging areas in Africa and South America, yesterday reached a mutual agreement with Sabre Oil & Gas Holdings Ltd. (Sabre) to terminate the acquisition by Kosmos of Sabre’s participating interest in the Deepwater Tano Block, offshore Ghana. According to the agreement signed between […]

  • 26 September 2018

    Petrel Resources has raised £400,000 ($526,500 ) by placing shares and plans to use the proceeds to fund costs related to its Ghanaian assets.

  • 3 March 2011
    Business & Finance

    Kosmos Energy announces today that the company’s Enyenra-2A appraisal well has confirmed a downdip extension of the light oil field discovered by the Owo-1 (renamed Enyenra) exploration well drilled in 2010 offshore the Republic of Ghana on the Deepwater Tano Block. The Enyenra-2A well encountered oil and gas-condensate in high-quality stacked sandstone reservoirs. The Enyenra-2A […]

  • 24 August 2011
    Business & Finance

    Kosmos Energy announced yesterday a light oil discovery at the Akasa-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana. Full analysis of well results, including wireline logs, reservoir pressures and fluid samples, confirms that the well penetrated 33 meters (108 feet) of oil-bearing pay in four good-quality Turonian–aged sand […]

  • 5 December 2013
    Business & Finance

    The Parliament of the Republic of Ghana has ratified the Petroleum Agreement among the Government of Ghana, Ghana National Petroleum Corporation (GNPC), GNPC Exploration and Production Company Limited (Explorco) and AGM Petroleum Ghana Limited, to explore and operate the South Deepwater Tano Block (SDWT), offshore Ghana. The ratification followed the approval of the Agreement by […]

  • 20 August 2013

    AGM Gibraltar Limited has announced the Cabinet of the Government of Ghana has approved the issuance of a Petroleum Agreement between Ghana National Petroleum Corporation (“GNPC”), GNPC Exploration and Production Company Limited (“GNPC ExploreCo”) and AGM Petroleum Ghana Limited (“AGM Ghana”), a wholly owned subsidiary of AGM Gibraltar, for South Deepwater Tano Block offshore Ghana. The […]

  • 18 July 2012
    Business & Finance, Project & Tenders

    Anadarko Petroleum Corporation announced the Wawa-1 exploration well, located in the Deepwater Tano Block offshore the Republic of Ghana, discovered approximately 43 net feet (13 meters) of oil pay and 65 net feet (20 meters) of gas-condensate pay in Turonian-aged reservoirs. Samples from the well show the oil is of good quality, between 38 and […]

  • 20 July 2012

    Anadarko Petroleum Corporation today announced the Wawa-1 exploration well, located in the Deepwater Tano Block offshore the Republic of Ghana, discovered approximately 43 net feet (13 meters) of oil pay and 65 net feet (20 meters) of gas-condensate pay in Turonian-aged reservoirs. Samples from the well show the oil is of good quality, between 38 […]

  • 11 December 2012
    Business & Finance

    Tullow Oil plc (Tullow) announces today that in Ghana, West Africa, Jubilee Phase 1A production has commenced and the Okure-1 exploration well has encountered low net to gross oil bearing reservoir in a secondary objective. In Guyana, South America, Tullow has let its interest in the Georgetown Licence expire. Ghana update The Okure-1 exploration well, […]

  • 19 February 2018
    Business & Finance

    Aker Energy has entered into an agreement with a subsidiary of Hess Corporation to acquire its interests in Ghana consisting of a 50 percent participating interest in the Deepwater Tano Cape Three Points block (DWT/CTP).

  • 9 May 2014
    Business & Finance, Operations & Maintenance

    CAMAC Energy Inc. has announced financial and operating results for the first quarter of 2014. Highlights for the quarter ended March 31, 2014 include: – Secured the Northern Offshore Energy Searcher drillship for up to two years in West Africa; – Secured the FPSO Armada Perdana for up to seven years offshore Nigeria; – Closed […]