8 minutes agoGhana reveals 1.5 billion barrels of oil in the Atlantic
Periskopi(7 years ago)
(7 years ago)Ghana-based Springfield Company announced today that it has discovered a field of oil in the Atlantic Ocean near the coast of this African country, estimated at 1.5 billion barrels and 0.7 billion cubic metres of gas. The discovery is significant for a country that currently produces about 200,000 barrels of oil a day, about half of which [...]
The discovery is significant for a country that currently produces about 200,000 barrels of oil a day, about half of which are produced by British companies Tulov in Jubele Field, broadcasts Kosovas.
The unit's undiscovered potential is estimated at over three billion barrels of oil and gas, said the company 100 percent of state property.
“This is excellent news for Springfield, Ghana and Africa”, Chief Executive Chief Kevin Oyera said, adding that this consisting is in line with the company's vision to become Africa's main player in production “ar black”.
Ghana's government is unhappy with the slow pace of developing open-sea wells and is working to review laws adopted in an effort to increase production, Reuters broadcast.
