Start, Proceed, Recalibrate: The Evolution and Evolvement of Ghana's National Petroleum Corporation
Article from: OGEL 3 (2021), in Roundup of Articles
Introduction
Ghana embarked upon large scale commercial production of petroleum in 2010, and has largely extrapolated from the frameworks, laws, and practices of countries with extensive experience in the upstream petroleum industry, such as Norway. The Norwegian State Oil Company - 'Den norske statsoljeselskap' - was formed in 1972. The name was later shortened to 'Statoil.' Its name was changed in 2018 to Equinor. It is the last major state-owned oil company in Western Europe and widely considered to be one of the most efficient state oil corporations in the world. Thurber and Istad ...