Government withdraws ENI-Springfield unitisation directive

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A Fool At 40 9 months ago

Excellent decisions.
Now ENI will have no excuse not to continue what they were doing for the small up and coming local companies in the upstream sector.
Mr. Okyere, we are all for local content but what NPP did for was fo ...
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Excellent decisions.
Now ENI will have no excuse not to continue what they were doing for the small up and coming local companies in the upstream sector.
Mr. Okyere, we are all for local content but what NPP did for was for their own benefit ENI saw through that's why nothing has happened between your companies since that so called directive.
Now, Springfield must take it's time to build itself and stake its claim. Not just wait to benefit from the sweat of other investors through partisan politics.
box 9 months ago

Nana addo's behaviour towards the upstream investors is the reason during his tenure no new well was developed and crude oil production started declining from 2019. year on year.

ENI invested over $7B in that project only ...
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Nana addo's behaviour towards the upstream investors is the reason during his tenure no new well was developed and crude oil production started declining from 2019. year on year.

ENI invested over $7B in that project only for the government to try and appropriate it to Springfield.

who in his rightful mind make that huge investment, you come to power and without any scientific basis you issue unitisation directive and the give more than 50% to Springfield and 45% to ENI who actually spent money to developed the block.

ENI refused the unitisation because the government wanted to use takashie. the government did not even follow the petroleum law. our own government breaching our laws.

common unitisation the previous government couldn't do it successfully like how it was done previously and nobody went to arbitration.

now ENI has done so much investment in Ivory Coast
Kofi Akwetey 9 months ago

How is destroying an up-and-coming indigenous company in favor of an exploitative foreign entity a good thing? Should Nigeria destroy Dangote because Shell and ExxonMobil have "invested" billions in Nigeria's upstream oil and ...
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How is destroying an up-and-coming indigenous company in favor of an exploitative foreign entity a good thing? Should Nigeria destroy Dangote because Shell and ExxonMobil have "invested" billions in Nigeria's upstream oil and gas sector? The Government's letter to the three parties reads like a press release written by ENI. Disgraceful.
Musa 9 months ago

The devilish party the npp wanted to cripple ENI from progressing their operation s in ghana. This is very shameful. ENI now over to you expand your frontiers to create jobs for our teaming youth.
Springfield can also create ...
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The devilish party the npp wanted to cripple ENI from progressing their operation s in ghana. This is very shameful. ENI now over to you expand your frontiers to create jobs for our teaming youth.
Springfield can also create their independent field with their own fpso and subsea facilities if they so wish. Enough of the setbacks from NPP devils.
Kay 9 months ago

You just need a Ghanaian to cripple another Ghanaian business. We are our own enemies. It is a taboo when it benefits a Ghanaian and it is a blessing when a foreigner benefits. It's sad.

You just need a Ghanaian to cripple another Ghanaian business. We are our own enemies. It is a taboo when it benefits a Ghanaian and it is a blessing when a foreigner benefits. It's sad.
Musa 9 months ago

@@Kay...Its not that simplistic as u see it. These are two different fields. Fact is ENI has invested a lot in subsea infrastructure to maximise their operations.
Roping in Springfield will affect the optimum produce of ENI. ...
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@@Kay...Its not that simplistic as u see it. These are two different fields. Fact is ENI has invested a lot in subsea infrastructure to maximise their operations.
Roping in Springfield will affect the optimum produce of ENI. Question is why cant Springfield build their own subsea infrastructure and rent their own fpso??? Nobody is destroying anyone but the bare facts must be well espoused.
Hannan 9 months ago

;) Single women are waiting for you at ~>>> www.Hot4.eu

;) Single women are waiting for you at ~>>> www.Hot4.eu
Bro kwesi 9 months ago

Sorry Mr Okyere.God is with you.You will still win as a Ghanaian.

Sorry Mr Okyere.God is with you.You will still win as a Ghanaian.
Good Father 9 months ago

Ghana is free from NPP to block the development of the oil sectors so that they can benefit it.The chance is open for development of oil production now

Ghana is free from NPP to block the development of the oil sectors so that they can benefit it.The chance is open for development of oil production now
Motherfucker. Wasn't it under NPP when oil was found in Ghana and you idiots said it was palm kernel oil 9 months ago

This is nothing new coming from John Mahama. This thief stole $32 million belonging to the EO Group whose actions brought Cosmos Energy to Ghana to prospect for oil and made Ghana a crude oil producing country. As long as Oky ...
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This is nothing new coming from John Mahama. This thief stole $32 million belonging to the EO Group whose actions brought Cosmos Energy to Ghana to prospect for oil and made Ghana a crude oil producing country. As long as Okyere is an Ashanti, he was going to oppose him at any cost. Had he been an Ewe or Northerner, he would have ensured the arrangement went through

box 9 months ago

no one from volta or the north is interested in stealing the hard work of ENI.

the desire to steal from ENI and give it to Springfield is the reason all the major oil companies left the upstream sector.

ENI now operat ...
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no one from volta or the north is interested in stealing the hard work of ENI.

the desire to steal from ENI and give it to Springfield is the reason all the major oil companies left the upstream sector.

ENI now operate their business in Ghana from ivory Coast because the business environment in ivory Coast is better.

so they have their peace of mind to progress.

as a Ghanaian what did you benefit from the legal battle between ENI and the government of Ghana?

your taxes was used to pay lawyers in excess of $8M only for the government to lose the case.

oil production started declining in 2019 because none of the companies want to inject fresh capital in fear of government appropriating their investment to party cronies.
musa 9 months ago

And ur clueless chimpanzee could not prosecute him in 8 solid years?? What crass incompetence can this be.

And ur clueless chimpanzee could not prosecute him in 8 solid years?? What crass incompetence can this be.
Kojo 9 months ago

Springfield should have drilled at least two appraisal wells to prove their oil in place estimates.

Springfield should have drilled at least two appraisal wells to prove their oil in place estimates.
INDEPENDENCE IS STEP ONE and TOTAL FREEDOM IS STEP TWO 9 months ago

Independence is not real freedom but rather an opportunity to be TOTALLY FREE. Ghana/Africa lost it's greatest moment to gain TOTAL FREEDOM when the tricky, immoral and evil white man was able to destroy and kill Dr. Kwame Nk ...
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Independence is not real freedom but rather an opportunity to be TOTALLY FREE. Ghana/Africa lost it's greatest moment to gain TOTAL FREEDOM when the tricky, immoral and evil white man was able to destroy and kill Dr. Kwame Nkrumah. But all hope is not lost yet, because this is the time and season for Ghana/Africa to rise again. The most vibrant and versatile youth in the world lives in Africa. This is the time and season for AFRICAN YOUTH to rule their DESTINY; This is the time for AFRICAN YOUTH to rise up and shut down any government or remove any African leader that may be seen dancing to the tunes of the tricky, wicked and evil white man; This is the time and season for AFRICAN YOUTH to rise up and push every African governments to remove every military base and NGOs of the white man and his allies. THERE CAN BE NO PEACEFUL AND TRUE BORDERLESS AFRICA when the tricky white man and his allies have military bases stationed on the continent. The you must rise up and march to these military bases and demand their removal at once if African leaders play delay diplomacy with this issue; It is time for AFRICAN YOUTH to push African leaders to cut ties with the white man's tricky and corrupt international institutions and make him pay for slavery; It is time and season for AFRICAN YOUTH to push African leaders to strongly start preaching and promoting SELF RELIANCE and stop importing medicines and chocolates and useless things from the wicked and evil white man. TOTAL FREEDOM is the next step after independence and AFRICAN YOUTH must rise up and do everything possible to RULE THIS DESTINY.
Bribery and corruption gallore 9 months ago

Social media self declared billionaire has no one else to bribe. The government should send him a bill of the time wasting and legal bills incited on his behalf.

Social media self declared billionaire has no one else to bribe. The government should send him a bill of the time wasting and legal bills incited on his behalf.
resetting Ghana 9 months ago

More to come. Time to reset this country after the past crooked regime.

More to come. Time to reset this country after the past crooked regime.
Kojos 9 months ago

Know nothing

Know nothing
Tsotsoo 9 months ago

Minister for Roads please fix Roads in the Tema Metropolis especially from Valco roundabout to Kpone which is an eyesore. Thank you.

Minister for Roads please fix Roads in the Tema Metropolis especially from Valco roundabout to Kpone which is an eyesore. Thank you.

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Government withdraws ENI-Springfield unitisation directive

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