Audio By Carbonatix
Ghana National Petroleum Corporation (GNPC) is expectant of the timely approval of its recently modified Plan of Development – PoD expected to be submitted by the Jubilee Partners.
This, the Corporation says is crucial to facilitate the purchase of a mooring equipment required to offload crude oil from the FPSO.
Currently, GNPC is no longer be capable of offloading crude in a continuous and sustainable manner as it was originally designed.
Engineering work is currently underway to repair a turret bearing which got damaged last year on the vessel.
Speaking with JOY BUSINESS Chief Executive Alex Mould said the need for approval has become crucial following a recent proposed change in the offloading mechanism of the FPSO.
More soon...
Latest Stories
-
Christmas surge in ride-hailing fares hits consumers
32 minutes -
How a new who declaration could change traditional medicine
1 hour -
Evidence shows Ghana needs an independent prosecutorial system – Prof H. Kwasi Prempeh
1 hour -
Selective justice is destroying trust in Ghana’s anti-corruption system – Prof H. Kwasi Prempeh
2 hours -
Politician Attorney General model is broken and no longer credible – Constitution Review Chair
2 hours -
Indonesians raise white flags as anger grows over slow flood aid
3 hours -
Why passport stamps may be a thing of the past
3 hours -
Pope Leo urges ‘courage’ to end Ukraine war in first Christmas address
3 hours -
Commentary on Noah Adamtey v Attorney General: A constitutional challenge to Office of Special Prosecutor
3 hours -
Ghana’s democratic debate is too insular and afraid of change – Constitution Review Chair
3 hours -
24/7 campaigning is a choice, not democracy – Constitution Review Chair
4 hours -
4 years is too short as Ghana lags behind global democratic standards – Constitution Review Chair
4 hours -
GOLDBOD CEO explains ‘Clear Typo’ in Foreign Reserves claim
6 hours -
Trump says US military struck ISIS terrorists in Nigeria
6 hours -
Asake ‘devastated’ after fan dies during Kenya concert
8 hours