Uk Energy Firm wood Group Wins

UK energy firm Wood Group wins $240m contracts in Ghana, four others * Created on Wednesday, 27 March 2013 19:21 Scottish-based energy company, Wood Group says it has secured 11 new contracts in Africa including Ghana totaling approximately $240 million. The company said March 20, 2013 that the contracts were awarded over the last 12 months to Wood Group PSN, Wood Group GTS and Wood Group Mustang for projects in the five African nations. According to the company, its Wood Group GTS which specialises in rotating equipment solutions, has secured a “long-term service agreement covering two GE Frame 9E gas turbines for an operator in Ghana” but fails to mention the company’s name. The Wood Group PSN won contracts to provide operations & maintenance and construction services to clients in Equatorial Guinea, Chad and Algeria, it said in a statement. It says the Wood Group Mustang is also providing detailed engineering for wellhead platforms, a production processing platform and a living quarters platform for an offshore project in Angola. James Crawford, Wood Group PSN’s managing director for Africa, said “We are committed to building a sustainable business in Africa and are very clear about the countries and projects which we target, knowing where and how our expertise can enhance our customer’s operations.” By Ekow Quandzie, ghanabusinessnews

Bill Gates Talks Ghana

More Us investors in Ghana

More US firms ready to invest in Ghana – Ambassador Cretz Mr Gene A. Cretz, United States Ambassador, says a number of companies in his country are ready to invest in Ghana to facilitate collaborative assistance. He said one of such companies is from Alabama. Mr Cretz made this known during a courtesy call on Ms Sherry Ayittey, Minister of Health in Accra. A statement issued by Dan Osman Mwin, Head of Public Relations at the Ministry of Health (MOH) and copied to the Ghana News Agency said the call was aimed at strengthening the cordial relations between US Embassy and the Ministry. Ms Ayittey called for collaboration to scale down malaria and HIV and AIDS cases in Ghana. She said Ghana needs to draw more lessons from the US especially in the area of family planning, maternal and child health issues. Ms Ayittey acknowledged the support the MOH is getting from United States Agency for International Development (USAID) in the revision of its procurement process. This, she said would improve the supply chain of drugs in the country. The Minister said Ghana seeks more assistance in training emergency medical technicians, procurement of ambulances and building of trauma and orthopaedic centres. Cheryl L. Anderson, USAID Missions Director in Ghana, and Laurel Fain, USAID Office Director  of Health, Population and Nutrition, who accompanied the Ambassador, recalled the work the Agency have done in the area of  maternal and child health and pledged continuous support to the Ministry.

Us and Ghana decides to tighe the nut

US Ambassador Calls On Energy Minister * Print * Email THE United States Ambassador to Ghana, Gene A. Cretz on Monday called on the Minister for Energy and Petroleum, Hon. Emmanuel Armah-Kofi Buah, at his office in Accra. Welcoming the Ambassador, Hon. Buah expressed the government’s appreciation for the US Government’s support to Ghana over the years. He said the country was ready for increased collaboration with the US in the area of energy, stating that Ghana was putting everything in order, in preparation for the second compact of the Millennium Challenge Corporation which is to be invested in the energy sector. He stressed the need for full co-operation among all stakeholders to ensure that the compact agreement was effectively developed and executed for successful projects. Hon. Buah said with the increase in electricity demand, the country had to add about 200MW of power every year for the next 20 years and called for US support. He said there were plans in the short-term to restore normal supply of electricity within the next few weeks, adding that the Takoradi 3 (T3) Thermal Plant, One Unit of Bui Hydro Dam and Sunon-Asogli Power Plant, when the West African gas pipeline is restored, will ensure continuous flow of electricity for Ghana and her West African neighbours. “The country is also looking at alternative sources of energy, for instance, renewable energy, for which a Bill has been passed, as well as waste to energy projects and we need support in these areas”, Hon. Buah said. He emphasized the government’s commitment to providing additional resources for energy projects to ensure sustained power supply to the various business ventures in the country. Ambassador Cretz, for his part, said because of the democratic credentials of Ghana, many US companies wanted to invest in Ghana. He said the second compact of the MCC would strengthen the energy sector in order to make Ghana self-sufficient in energy generation and a net exporter of the commodity to her neighbours in the West African sub-region and beyond. Ambassador Cretz congratulated the Minister on his appointment and urged him to effectively engage with all stakeholders in the energy sector to ensure accelerated development. He noted that the relationship between the two countries was excellent and expressed the hope that it would be deepened in future. Present at the meeting were the Chief Director of the Ministry, Professor Thomas Akabzaa and some officials from the US Embassy.

Ghana , Trinidad & Tobago hold talks on energy

Ghana, Trinidad and Tobago hold talks on energy, bilateral cooperation Mr Nyahuma Mentuhotep Obika, Trinidad and Tobago’s High Commissioner to Ghana, on Friday called on the Minister for Energy and Petroleum, Mr Emmanuel Armah-Kofi Buah. A statement signed by Ras Liberty Amewode, Deputy Head of Communications at the Ministry and copied to the Ghana News Agency, said the two held discussions on bilateral cooperation and energy. Mr Obika said his country would partner the government of Ghana in sharing their wealth of knowledge acquired in the energy sector and the vast experience gained in the production and supply of gas. The Minister in return said such partnership would be based on mutual agreements in the supreme interest of the two countries. “My country is ready to offer scholarships to some Ghanaians to sturdy in Trinidad and Tobago to support the capacity building initiatives of Ghana”. The High Commissioner in the statement said an African Desk is being created to coordinate all activities undertaken by his country in Africa and expressed the hope that the relationship between his country and Africa would increase. It said he congratulated the Minister on his appointment saying “I look forward to working with you to improve the relations between the two countries for the benefit of it citizens”. Mr Buah showed governments gratefulness for the technical assistance provided so far and expressed optimism about the partnership with Trinidad and Tobago for the opportunities. He said Ghana is willing to learn from the success story of Trinidad and Tobago in the gas sector to ensure that the country gets the full benefits of the industry. Source:

UK High Commissioner ,,,Ghana's oil and gas is growing

Ghana’s oil & gas industry is a growing market – UK High eter Jones, British High Commissioner, on Monday described Ghana’s oil and gas industry as a growing market that offers substantial opportunities for UK companies to do business. He has therefore called for deployment of highly developed skills to utilise the country’s gas reserves. “With oil production in Ghana expected to rise to half a million barrels a day over the next decade and significant investment from the Government, exploitation of the country’s considerable gas reserves will require an influx of high-level expertise,” he said. He was speaking at a reception organised by Penwell Corporation and 2H Offshore. Representatives of Penwell Corporation, a business entity, are in the country to participate in a three-day conference and exhibition scheduled to take place from March 19 to March 21. The 17th Annual Offshore West Africa conference is expected to address key technology and development issues for the West African offshore oil and gas market through a comprehensive educational programme. It would be on the theme: “Deepwater Discoveries, Emerging Opportunities.” Mr Jones expressed the hope that the conference and exhibition would provide a unique networking opportunity for attendees to share technology and address issues with experts in their fields. The conference programme includes case studies, local content as well as a showcase of technologies and services from global and regional oil and gas companies. Mr Tom Fowler, Senior Vice President of Penwell Corporation expressed excitement towards the event, saying that Ghana had become the centre to some of the largest offshore projects in the region. He said he was hopeful the event would attract much patronage. Source: