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The discovery was announced in April 2011 by Hess Corporation, a New York based oil company. [9] In June 2011, the corporation lifted 135,675 metric tonnes of Jubilee crude oil from the FPSO Kwame Nkrumah. This represented crude oil on behalf of the Ghana Group, comprising the Government of Ghana (GoG) and GNPC.
Ghana's Jubilee Oilfield which contains up to 3 billion barrels (480,000,000 m 3) of sweet crude oil was discovered in 2007, among the many other oilfields in Ghana. [2] Oil and gas exploration in Ghana is ongoing, and the amount of both crude oil and natural gas continues to increase. [3]
GOIL PLC formerly known as GOIL Company Limited (GOIL) and Ghana Oil Company and also known as GOIL, is a state-owned Ghanaian oil and gas marketing company, formed on 14 June 1960. [3] Currently it holds the place of Ghana's top oil marketing company, and is the only indigenous owned petroleum marketing company in Ghana .
The company was incorporated in July 2011 by the Government of Ghana. [3] Official production commenced in November 2014. The company specializes in the production and exploration of lean gas, condensate, LPG, and isopentanes, while also playing a vital role in driving the growth of the nation’s industrial sector. [2]
The RFCC was to convert the low valued residual fuel oil from the CDU into high valued products of LPG and gasoline. Ghana started commercial production of crude oil in December, 2010. The country's Jubilee oil field produces the high grade 'Sweet Light' oil. The installation processes 9,548 tonnes (10,525 tons) of crude oil daily.
Ghana National Petroleum Corporation: Oil & gas Exploration & production Accra: 1987 Oil and gas industry S A Ghana News Agency: Consumer services Broadcasting & entertainment Accra: 1957 News agency: P A Ghana Oil Company: Oil & gas Exploration & production Accra: 1960 Oil and gas industry, GSE: GOIL: P A Ghana Ports and Harbours Authority ...
Ghana, the world's second biggest cocoa producer, became an oil producer in 2010. Output is currently around 132,000 bpd of crude oil and about 325 million standard cubic feet per day of natural gas.
Construction of the Atuabo Gas Plant started in July 2011 as part of a national initiative called the Western Corridor Gas Project to establish an integrated gas processing infrastructure that sources natural gas from Ghana's foremost oil field, the Jubilee Oil Field, and other oil fields (TEN) and processing into liquefied petroleum gas (LPG) for domestic use while contributing significant ...