Ghana is advancing plans for the state-owned Ghana National Petroleum Corporation to assume control of the WCTP2 offshore block, an asset estimated to contain more than 1.5 billion barrels of oil and over a trillion cubic feet of gas. The block, discovered by Springfield E&P, is considered one of the country’s largest undeveloped resources.
Officials argue that national control could accelerate development and bolster energy security at a time when output from existing fields is dec... see more
Ghana is advancing plans for the state-owned Ghana National Petroleum Corporation to assume control of the WCTP2 offshore block, an asset estimated to contain more than 1.5 billion barrels of oil and over a trillion cubic feet of gas. The block, discovered by Springfield E&P, is considered one of the country’s largest undeveloped resources.
Officials argue that national control could accelerate development and bolster energy security at a time when output from existing fields is declining. Analysts, however, stress the need for transparency and proper valuation to ensure the deal serves the public interest.
If the takeover proceeds smoothly, it could reinvigorate Ghana’s upstream sector and position the country for a new phase of production growth.
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BREAKING: GHANAIAN FIBRE OPTICS INVENTOR DR. THOMAS MENSAH IS DEAD
The pioneering Ghanaian-American inventor, Dr. Thomas Mensah, known globally for his groundbreaking work in fibre optics, has died.
According to his family, the Ghanaian inventor passed away on Wednesday, March 27, 2024, at the Kumasi Catholic Hope Exchange Hospital in the Ashanti Region after a brief illness.
Excerpts of a statement released by the family on Thursday, March 28, 2024, ... see more
BREAKING: GHANAIAN FIBRE OPTICS INVENTOR DR. THOMAS MENSAH IS DEAD
The pioneering Ghanaian-American inventor, Dr. Thomas Mensah, known globally for his groundbreaking work in fibre optics, has died.
According to his family, the Ghanaian inventor passed away on Wednesday, March 27, 2024, at the Kumasi Catholic Hope Exchange Hospital in the Ashanti Region after a brief illness.
Excerpts of a statement released by the family on Thursday, March 28, 2024, indicated that the much-revered renowned inventor died at age 74.
"Dr. Thomas Mensah died on the 27th of March 2024 at Kumasi Catholic Hope Exchange Hospital. The sad occurrence of Dr. Mensah's death was a result of short illness.
"The family hereby announces to the general public of the sudden occurrence. Dr. Thomas Mensah has died at the age of 74," the statement said.
Credit: 3NewsGH
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