Page 10 - AfrOil Week 03 2022

AfrOil POLICY AfrOil

Ghana’s offshore zone (Image: Petroleum Commission of Ghana)

Ghana has seen international oil companies GNPC, has laid out the ambitious goal of becom-
(IOCs) show growing interest in its crude oil ing an independent operator within 15 years. It
and natural gas resources. Its offshore fields recently expanded its holdings in the Jubilee
have already attracted a number of investors, oilfield and the Tweneboa-Enyenra-Ntomme
including Italy’s Eni and Africa-focused explorer (TEN) block through the purchase of stakes for-
Kosmos Energy, which bought some of the fields merly owned by Occidental and aims to acquire
sold by Occidental Energy. Ongoing projects are additional stakes in offshore blocks assigned to
expected to generated total revenues of more Aker Energy (Norway) and AGM Petroleum
than $1bn in 2022. (Ghana). These acquisitions will give the state-
Meanwhile, the national oil company (NOC) owned firm a larger production stream in the
Ghana National Petroleum Corp., also known as coming years. ™

Namibia seeks legal framework for

its fledgling green hydrogen sector

NAMIBIA AS green hydrogen takes Namibia by storm, the
country’s government is eager to establish a legal
framework to regulate projects in this arena.
This is especially critical for environmental
management, as the country’s first large-scale
vertically integrated project will be operating
from Namibia’s Tsau Khaeb National Park,
according to the director general of the coun-
try’s National Planning Commission, Obeth
Kandjoze.
“A new legal framework that will govern the
new industry, green hydrogen,” Kandjoze told
one of Namibia’s main newspapers, The Namib-
ian, in an interview. He said the current Petro-
leum Products and Energy Amendment Act,
as well as the Minerals (Prospecting and Min-
ing) Act, would not suffice to govern the green One proposed plant will be built in the Tsau Khaeb national park (Photo: Wikimedia)
hydrogen sector.
According to the Namibian Presidency for regional and global markets.
Office, this project aimed to generate 5 GW of Namibia’s government has named Hyphen
renewable energy and would ultimately produce Hydrogen Energy as the preferred bidder for
300,000 tonnes per year (tpy) of green hydrogen the Tsau Khaeb National Park.

P10 www. NEWSBASE .com Week 03 19•January•2022