Public Interest Accountability Committee

News

PIAC, EOCO PARTNER TO PROSECUTE OFFICIALS WHO DIVERT, MISUSE PETROLEUM FUNDS
26th February 2019

Public officials found to have misused or diverted petroleum funds will soon be prosecuted by the state. Steve Manteaw, Chairman of the Public Interest and Accountability Committee (PIAC) said the decision was reached because his office does not...

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PIAC AND EOCO SIGN AGREEMENT TO INVESTIGATE PETROLEUM REVENUES
26th February 2019

The Public Interest and Accountability Committee (PIAC), on Monday, signed a Memorandum of Understanding (MoU) with the Economic and Organised Crime Office (EOCO) to work together to investigate the utilisation of state revenue from petroleum and...

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GHANA’S OIL PRODUCTION ESTIMATED TO GO UP TO 500,000 BARRELS PER DAY BY 2024
15th February 2019

Aker Energy ASA has confirmed a significant offshore resource base in Ghana and has committed to scale up new development in the Deepwater Tano Cape three points block (DWT/CT).   Ghana's oil Production by 2024 A Government of Ghana...

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$799M UPSTREAM PETROLEUM CONTRACTS AWARDED TO GHANAIAN COMPANIES
6th February 2019

A total of $799 million worth of contracts in the upstream petroleum industry was awarded to indigenous Ghanaian companies and joint ventures last year in accordance with the Local Content and Local Participation law. Out of the amount, $453...

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PETROLEUM COMMISSION SANCTIONS 15 COMPANIES FOR FLOUTING LOCAL CONTENT LAW
31st January 2019

The Petroleum Commission has revealed to Citi Business News that it has for the past two years sanctioned about 15 companies in the Petroleum Upstream sector for violating the local Content Law. Chief Executive of the Commission, Egbert Faibille...

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NO MORE OIL MONEY FOR FREE SHS
24th January 2019

THE government has decided to completely cut the Annual Budget Funding Amount (ABFA) allocation for its Free Senior High School programme. This means the government will not spend proceeds from the country’s oil resources on the programme...

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