Despite having been awarded exploration rights on the Tano Basin offshore block in July 2019, ENI and Vitol have so far been unable to agree terms with the Ghanaian energy ministry.
Business in Ghana is dismal: production is low and exploration at a standstill. Companies are becoming more vocal about their exasperation with the state and some are even pulling out entirely.
More than a year after authorities in Ghana ordered the unitisation of ENI's Sankofa and Springfield's Afina fields, the process is at a standstill.
The Røkke family company quickly took West African oil services and exploration by storm but its future there is not looking so rosy.
Tema gas terminal is getting ready to receive its first delivery of LNG from Shell, the Anglo-Dutch major having already agreed its price with the state-owned GNPC.
Malabo is being very creative in its efforts to get hold of the country's largest oil field, which the American major ExxonMobil is very keen to ditch.
After a year of squabbling with Ghana's government, ExxonMobil has finally dropped the idea of laying out USD 4 billion for Kosmos Energy's assets in Ghana, and particularly for its shares in the huge Jubilee field that is due to [.