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News Review

News Review for 19 March 2018

  • SOURCE: reportingoilandgas | qwesa2big
  • Welcome to another exciting week. We trust that your weekend was filled with lots of fun and it’s our firm hope that you are fully geared to overcome the hurdles in this week. Reportingoilandgas will and continue to bring you stories making headlines in the extractive sector.

    In this edition, the various news outlets continue to report on the BOST “deal” that took the centre stage in the media in the passing week. The issue continues to get murkier each and every day as it continues to attract countless comments and criticisms from various stakeholders including the anti-corruption campaigners. The veteran journalists, Abdul Malik Kweku Baako, has joined the discussion on the saga. Baako described the allegation as causing too much confusion in the public as the issue awaits an independent probe into the matter. He however, admonished the public to be circumspect in discussing the issue and called for an independent probe into the matter. Read more here

    In another edition, Kasapafmonline reports on the decision by the Chamber of Petroleum Consumer to petition the office of the Special Prosecutor to investigate circumstances that led to the alleged fraudulent sale of 1.8million barrels of crude oil by the Bulk Oil Storage and Transportation (BOST). The Executive Director of COPEC, Mr Duncan Amoah, made this known during a press briefing on Monday following a raging controversy over claims that the latter had caused financial loss to the state through the sale of the oil product lower than the initial price. Read more here

    The Ghanaweb reports on the disappointment by the Deputy Minister of Energy, Dr Mohammed Amin Adam over the lack of skills in the oil and gas industry in Ghana. The situation, according the minister, has hindered government’s efforts to maximize value for Ghana. He made this known at the launch of Tullow Scholars Alumni at the British Council on Friday. He however, announced the government’s intention to close the skills gap through the Accelerated Oil and Gas Capacity programme. Read more here

    In addition, the leading independent oil exploration and production company, Tullow Ghana Limited has indicated its commitment to developing skills in the oil and gas sector. The statement was in conjunction with the company’s objective of impacting countries in which it operates. Delivering a speech at the launch of the Tullow Scholars Alumni at the British Council on Friday, March 16, the Chief Executive Officer of Tullow Ghana Limited, Charles Darku, reiterated the company’s intentions to promote Ghana’s oil and gas sector by building the needed manpower and skills in the sector. Read more here

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