Suchergebnisse

"This book explores the myriad issues that play out in the upstream petroleum industry of Ghana from a legal perspective. Focusing on Ghana as an emerging petroleum country, Thomas Kojo Stephens begins by examining whether the existing constitutional framework will be effective in governing the expanding oil and gas sector. Drawing on various approaches proffered by other experts in the field, Stephens looks at possible institutional structures that could be put in place and juxtaposes these ideas with the experience of Ghana to test the efficacy of these proposals. He also explores the types of contractual frameworks currently implemented in Ghana for comparison with other emerging petroleum economies, examining the barriers to effectiveness, novel provisions that must be incorporated and lessons learned from other regions. Finally, the book highlights how vital it is for the Ghanaian State to monitor the use of petroleum revenue and make ethical investment decisions that prioritise the interests of Ghanaian citizens. Upstream Oil and Gas in Ghana will be of great interest to students and scholars of energy law and policy, oil and gas management and African Studies more broadly, as well as those working in the upstream petroleum industry"--

When Ghana enacted its first piece of legislation dealing specifically with petroleum operations in the upstream industry in 1984 - the Petroleum (Exploration and Production) Act, 1984 (PNDCL 84) - there was only one provision in the Act which dealt directly with decommissioning. This paper takes an introspective look at developments over time in putting in place an effective and sustainable decommissioning framework for Ghana's upstream petroleum industry. It analyses the gaps therein and traces attempts over time such as a review by the Commonwealth Secretariat of existing statute, and proposals for a decommissioning scheme, to close them. It analyses measures by the government and encapsulated in statute to fill those gaps and ensure an efficient and sustainable framework. It analyses these developments through to the present when the Saltpond Field is to be decommissioned - Ghana's first decommissioning exercise. Analysing the practical challenges in decommissioning the Field, impacts and risks, and that of Ghana's upstream industry in general, the paper concludes that Ghana has through myriad measures strived to ensure that its framework is sustainable and situations such as the current one for instance where it is the government - and not the contractor - paying for decommissioning is averted.

Intro -- Preface -- Introduction -- Contents -- Editors and Contributors -- About the Editors -- Contributors -- Abbreviations -- List of Figures -- List of Tables -- Part I Regulating and Managing Ghana's Upstream Oil and Gas Industry -- 1 Examining Ghana's Petroleum Act, 2016 (Act 919) and Other Legislative Developments -- 1 Introduction -- 2 Legislation Governing Petroleum Exploration and Production Post the Large-Scale Discovery -- 3 The Petroleum Act, 2016 (Act 919) -- 3.1 Changes Made by the Petroleum Act, 2016, as Juxtaposed Against the Petroleum Act, 1984 -- 3.2 Other Provisions in the Petroleum Act, 2016 -- 4 Role of GNPC, Minister for Energy and Petroleum Commission under the Petroleum Act, 2016 -- 5 Subsidiary Legislation -- 5.1 Petroleum (Local Content and Local Participation) Regulations, 2013 (L.I. 2204) -- 5.2 Petroleum (Exploration and Production) (Measurement) Regulations, 2016 (LI 2246) -- 5.3 Petroleum (Exploration and Production) (Data Management) Regulations, 2017 (LI 2257) -- 5.4 Petroleum (Exploration and Production) (Health, Safety and Environment) Regulations, 2017 (L.I. 2258) -- 5.5 Petroleum (Exploration and Production) (General) Regulations, 2018 (L.I. 2359) as amended by the Petroleum (Exploration and Production) (General) (Amendment) Regulations, 2019 (L.I. 2390) -- 6 Conclusions -- References -- 2 Role and Contribution of the Ghana National Petroleum Corporation (GNPC) as a National Oil Company: A Reflection -- 1 Introduction -- 2 Corporatisation and GNPC Mandate -- 2.1 Oil Exploration, Development and Production Focus -- 2.2 Framework for Association with Industry Partners -- 2.3 Promoting Prospectivity and Ensuring Continuity of Exploration Activity -- 2.4 GNPC Exploration Promotion: Some Non-geoscience Elements -- 2.5 Ministerial Authorisation Requirement for GNPC Activity and the Voltaian Basin Project.