Interview
Ghana - October 14, 2021
Alvin Mingle, senior managing partner of Fitzgerald-Bassey, and Kwabena Peprah, the firm’s managing partner, talk to The Energy Year about how oil price instability…
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BACK TOCOMPANIES
Springfield
Kevin OKYERE
CEO
SPRINGFIELD GROUP
There are some Ghanaian companies servicing the upstream sector that are top notch.
Read The Full Interview
Ghana's game changer
Indigenous conglomerate Springfield Group made history in 2019 by becoming the first independent Ghanaian – and African – energy company to drill in deepwater, reaching depths of 4,000 metres. Springfield also succeeded in making a major oil discovery in November 2019 in West Cape Three Points Block 2 (WCTP2), which positioned the company to begin considering regional and even global ambitions.
- Partnerships: Springfield has formed strategic partnerships with major international companies such as BP, Chevron, Glencore, Total, Trafigura and Vitol.
- Subsea JV: Springfield Group entered into a joint venture agreement with the Norway-based subsea equipment provider Aker Solutions in 2015. The venture operates as Aker Solutions Ghana.
- WCTP2: The company has a 82% stake in existing reserves and 84% of new discoveries at the block.
Springfield is active across the oil and gas value chain. Besides operating WCTP2, it provides oilfield services such as logistics, subsea equipment, oil rigs, marine construction equipment and maintenance. The company also sells petroleum products.
Springfield in figures
Undiscovered potential in the WCTP2 block: About 3 billion barrels
Springfield’s stake in the block:84%
Springfield features
Interview
Ghana - January 13, 2022
Nana Incoom, interim general manager of Belmet 7, talks to The Energy Year about problems facing local fabricators in Ghana and…
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Interview
Ghana - December 02, 2021
Ben Asante, CEO of the Ghana National Gas Company (Ghana Gas), talks to The Energy Year about how Ghana can leverage its natural…
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Interview
Ghana - November 30, 2021
David Addo-Ashong, senior partner at Ashong Benjamin & Associates, talks to The Energy Year about the question of modifying…
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Interview
Ghana - November 25, 2021
Egbert Faibille Jnr., CEO of Ghana’s Petroleum Commission, talks to The Energy Year about the Commission’s role in promoting…
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Interview
Ghana - October 04, 2021
Farid Antar, managing director of Republic Bank (Ghana), talks to The Energy Year about how the Ghanaian economy has gained strength through the clean-up of its…
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NEWS
Ghana - July 08, 2021
Eni has made what it termed a “significant” oil find at the Eban-1x well offshore Ghana, close it its Sankofa oilfield.
The well is the second to be drilled at Eni’s…
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NEWS
Ghana - June 28, 2021
Ghana’s Springfield E&P has won a temporary victory in its dispute with Eni over revenues from the Sankofa oilfield, which Springfield says is an extension of its Afina…
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NEWS
Ghana - October 27, 2020
The Ghanaian parliament has passed the Petroleum Hub Development Corporation Bill, aimed at creating an oil, gas and petrochemicals hub in the country.
The bill,…
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Interview
Ghana - August 14, 2020
Frederick A. Sam, president and CEO of Freddie Jordan Oil Company, and Jordan Mathia, the company’s vice-president and co-founder, talk to The Energy Year about how…
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Interview
Ghana - March 12, 2020
Kofi Oduro Mensah, co-CEO for joint ventures and strategic alliances at Harlequin Oil & Gas, and Frederick Hesse-Tetteh, the company’s co-CEO for projects,…
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Interview
Ghana - February 20, 2020
Kofi Koduah Sarpong, chief executive of the Ghana National Petroleum Corporation (GNPC), talks to TOGY about the milestones of Ghana’s entry into oil and gas…
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Interview
Ghana - January 22, 2020
Kevin Okyere, founder and CEO of Springfield Group, talks to TOGY about the company’s promising new discoveries, the challenges and opportunities in the Ghanaian…
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