Sectors & markets

Invitation For Expression Of Interest And Pre-Qualification For Petroleum Exploration And Production Licences, Offshore

Ministry of Energy - 1st Oil and Gas License Round

INTRODUCTION 

In Ghana, the title of petroleum resources existing in its natural state in, under or upon any land in Ghana, rivers, streams, water courses throughout Ghana, the exclusive economic zone and any area covered by territorial sea or continental shelf is the property of the Republic of Ghana and vested in the President on behalf of and in trust for the people of Ghana. 

The Ministry of Energy (MoEn) is responsible for the management of petroleum resources through the formulation of policies and regulations to ensure sustainable and optimal exploitation of the petroleum resources in accordance with the principles of good Governance, transparency and accountability to the benefit of present and future Ghanaians. 

Historically, Ghana has been exploring for petroleum for over a century before the discovery of Jubilee in 2007. At this while, Ghana has practised an open door system for the allocation of Exploration and Production (E&P) rights. The criteria for award of E&P rights in the open door system are not predefined and known to market participants. Therefore, the Petroleum (Exploration and Production) Act 2016 Act 919 was enacted to ensure the management of the resources is conducted in accordance with the principles of good governance. 

Pursuant to Section 10(3) of the Act, a Petroleum Agreement is to be entered into through an open, transparent and competitive public tender process in furtherance of the aforementioned provision, the Government of the Republic of Ghana invites companies to express interest to be pre-qualified for the 1st Oil and Gas License Round process. The blocks on offer are GH_WB_02, GH_WB_03 and GH_WB_O4, all in the Western Basin, offshore Ghana. 

POLICY OBJECTIVE 

The Licensing Round is to enable the Government of Ghana to accelerate upstream activities so as to increase reserves and production of petroleum resources. 

The 1st Oil and Gas licensing round's objective, pursuant to Regulation 16 (2a) of the Petroleum (Exploration and Production) (General) Regulations, L.I 2359, is for Government of Ghana to have significant participation interest as defined in the evaluation criteria.

DATA PACKAGES AND BLOCK DESCRIPTION 

The Ministry of Energy will make available legacy data, including but not limited to 2D and 3D seismic data, well information and associated reports maps and reports of commissioned studies to applicants for evaluation of the prospectivity of the area(s) of interest. Detailed information on legacy data in relation to the available blocks can be accessed at ghanalr2018.com.

Block GH_WB_02 lies in water depth ranging from 100 to 1000 meters. This area is covered by approximately 60% of 2D and 5% of 3D seismic data. The Sankofa-Gye-Nyame field is about 24 kilometers from this block. A working petroleum system has been prawn with the discovery of Dzata and Cheeta within the vicinity. 

Blocks GH_WB_03 and GH_WB_04 have both 2D and 3D seismic data coverage and well data Block GH_WB_03 with water depth ranging from 1000 and 3200 meters has approximately 98% of 2D and 40% of 3D seismic data. Block GH_WB_04 has approximately 95% of 2D and 35% of 3D seismic data with a water depth ranging from 100 to 2000 meters. A working petroleum system has been established within these areas with the discovery of Dzata-1 well. The Sankofa-Gye-Nyame field is about 40 kilometers from block GH_WB_03 and 70 kilometers from block GH_WB_04. 

EXPRESSION OF INTEREST (EoI) - INFORMATION REQUIRED 

A body corporate who wishes to participate in Ghana’s 1st oil and Gas License Round must submit an Expression of interest (EoI) to the Minister of Energy. The EoI shall be in accordance with Regulation 9 of the Petroleum (Exploration and Production) (General) Regulations, 2018, L.I 2359 include the following:  

  1. The legal status of the interested person (including incorporation Documents) 
  2. A specification of the area of interest (coordinates, size and map of the area) 
  3. An assessment of the geological prospectivity of the Area 
  4. The financial and technical capabilities, including relevant experience of the interested person 
  5. The reasons and objectives for engaging in petroleum activities in the Republic of Ghana and in particular, the area of interest mentioned in (c) above 
  6. A template for expression of interest' is available at www.energymin.gov.gh, www.petrocom.gov.gh or www.ghanalr2018.com. 

PRE-QUALIFICATION INFORMATION REQUIRED

The Minister has, pursuant to Regulation 9(3) of the petroleum (Exploration and Production) (General) Regulations, L.I 2359 decided that a pre-qualification process will precede the Tender Process. A body corporate seeking to be pre-qualified must submit an application for pre-qualification to the Ministry of Energy. The application shall include information on the following:  

  • Incorporation Documents and Structure of the body corporate. 
  • Proof of Experience. Technical and Managerial Capabilities  
  • Proof of Financial Capabilities  
  • Information on Financing Resources 

Details of above listed requirements are stated in the application form for pre-qualification. Application forms for pre-qualification can be picked up at the Ministry of Energy or a copy can be downloaded at energymin.gov.gh, petroleum.gov.gh.

SUBMISSION OF EoI AND PRE-QUALIFICATION APPLICATION

The Expression of interest (EoI) and pre-qualification application should be submitted in quadruplicate (both printed copies and digital format). The four copies should be sealed in separate envelopes and delivered to the Ministry of Energy at the following address: 

POSTAL ADDRESS                                                          PHYSICAL ADDRESS

Ministry of Energy                                                              Ministry of Energy

P.O Box SD40                                                                    Ministries Enclave

Stadium Post Office                                                           Opposite Pensions House-SSNIT

Accra-Ghana                                                                      Accra-Ghana 

Attention: Chief Director Mobile; +233(0)302667107

Email: bids@enargymin.gov.gh  

The envelope(s) shall be marked “CONFIDENTIAL” and labelled: GHANA 1ST OIL AND GAS LICENSE ROUND: BLOCK NUMBER 

Deadline for submission of Expression of interest and application for pre-qualification is December 30, 2018 at 5 pm (local time). 

Enquiries and comments should be addressed in writing to the Ministry of Energy at the above address. 

APPLICATION FEE FOR PRE-QUALIFICATI0N 

Application fee for pre-qualification is 10,000 USD and is payable by Banker’s Draft addressed to the Chief Director, Ministry of Energy. The Banker’s Draft should be included in the pre-qualification application package to be submitted. The application fee may also be paid into the account below and evidence of payment enclosed in the pre-qualification application package. 

Account Name: Ministry of Energy  

Bank Name: Agricultural Development Bank 

Account Number: 1073020002623001 

Swift Code: ADNTGHAC 

Branch: Ridge 

Address: Accra Financial Centre, 3rd Ambassadorial Development Area, Ridge-Accra. P.O. Box 4193, Accra-Ghana

SIGNATURE BONUS

There shall be a signature bonus upon ratification of the Petroleum Agreement in accordance with Regulation 74(2b) of the Petroleum (Exploration and Production) (General) Regulations, L.I. 2359.

TIMELINES 

The 1st Oil and Gas License Round will span over 10 months from October 2018 to August 2019 with the activities scheduled below:  

  • October 15, 2018 - Launch of Licensing Round 
  • October 24, 2018 - Publication of invitation for Expression of Interest and Pre- qualification
  • October 24, 2018 - May 31. 2019 Data viewing/Data Licensing
  • October 24. 2018 - December 20, 2018: Submission of Expression of Interest and Pre-qualification applications
  • November 08, 2018 - Road Show - Africa Oil Week, Cape Town South Africa
  • December 20, 2018 at 5 pm (Local time): Deadline for submission of Expression of Interest and pre-qualification applications
  • December 20, 2018 - January 21, 2019: Evaluation of pre-qualification applications
  • January 21, 2019: Announcement of pre-qualification results and publication of invitation to tender
  • May 21, 2019 at 12 noon (Local time): Deadline for submission of bids
  • May 21, 2019 at 12:01 pm (Local time): Public opening of bids by Honorable Minister
  • May 22. 2019: Publication of list of participating bidders
  • May 22, 2019 - June 28, 2019: Evaluation of Bids
  • July 02, 2019: Announcement of successful bidders
  • July 02, 2019 - August 30, 2019: Negotiations leading to the award of oil Blocks 

MISCELLANEOUS

Pursuant to Section 10(4) of Act 919, the Minister may on stated reasons decide not to enter Into a Petroleum Agreement after the tender process as prescribed. Further to this, the Government of Ghana reserves the right, in its absolute discretion, at any time, to terminate further participation in the License Round by any party, to change the structure and timing of the License Round and/process to refuse a particular party entry to the next round of the Tender Process, to amend the Information contained In this document or to terminate the 1st Oil and Gas License Round. The Government of the Republic of Ghana shall not be liable for any costs, expenses or other liabilities incurred by any participants at any stage of the 1st Oil and Gas License Round. 

Following pre-qualification, companies will be expected to purchase the relevant data package to submit a conforming bid. 

Articles sur le même thème

Fair & Exhibition

Ghana-EU Buisness Forum

The European Union and the Government of Ghana are organising a Forum “Boosting Investments for Sustainable Jobs in Ghana.”

Evénements sur le même thème

Share this page Share on FacebookShare on TwitterShare on Linkedin

Close

Are you starting to export ?