Business
Tullow Oil Pronounce Ghana As A Legitimate Oil Producer! PDF | Print | E-mail
Written by Xtv Admin   
Wednesday, 28 September 2011 23:07

British oil firm Tullow Oil PLC said a well drilled off the coast of Ghana confirmed an extension to its Enyenra oil field, bringing it closer to commercialisation of another oil field in the West African country.

Tullow said on Wednesday that the Enyenra-3A appraisal well found oil in a column of 17 metres with data indicating that the oil was part of the same field as two wells drilled 6.5 kilometres and 14 kilometres away.

"This excellent result demonstrates that we are close to declaring the Enyenra and Tweneboa development commercial," said Exploration Director Angus McCoss in a statement.

Tullow and its partners in Ghana including Kosmos helped transform the country into an oil producer last December when they put the massive Jubilee oil field on stream.

GSE Listing – Press  Launch

 

Last Updated on Wednesday, 28 September 2011 23:14
 
Darling calls for pay restraint PDF | Print | E-mail
Written by Community Leader   
Saturday, 21 June 2008 10:29
Darling calls for pay restraintChancellor Alistair Darling says pay rises for people "from the boardroom to the shopfloor" need to be "consistent" with the 2% inflation target.

He told BBC One's Andrew Marr show the need to keep inflation under control "applies to each and every one of us".

He said above-inflation pay increases would be "extremely damaging".

Mr Darling said the UK economy was "far better equipped" than in the 1970s, 1980s and 1990s...
Last Updated on Monday, 23 June 2008 14:26
 
Europe split over oil price plan PDF | Print | E-mail
Written by Community Leader   
Saturday, 21 June 2008 10:29
Europe split over oil price plan European Union leaders have agreed to a 3-month study to find ways of cushioning the impact of soaring energy prices on the region's citizens...
Last Updated on Monday, 23 June 2008 09:52
 
Women's low pay 'behind poverty' PDF | Print | E-mail
Written by Community Leader   
Saturday, 21 June 2008 10:29
Women's low pay 'behind poverty' Tackling the low pay of women is the key to ending child poverty in the UK, according to the TUC. A third of women in work earn less than £100 a week...
Last Updated on Monday, 23 June 2008 09:51
 
Nigeria 'shock' after oil attack PDF | Print | E-mail
Written by Community Leader   
Saturday, 21 June 2008 10:29
Nigeria 'shock' after oil attack Oil production at an oil installation off the Nigerian coast remains halted because staff are suffering from shock after a militant attack, officials say...
Last Updated on Monday, 23 June 2008 14:26