ACEP warns Ghana against buying Springfield stake, putting spotlight on Kevin Okyere
ACEP urges Ghana to shelve a state purchase of Springfield’s oil stake, warning taxpayers could inherit private risk as scrutiny grows on owner Kevin Okyere.
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ACEP urges Ghana to shelve a state purchase of Springfield’s oil stake, warning taxpayers could inherit private risk as scrutiny grows on owner Kevin Okyere.
Springfield, led by Ghanaian energy mogul Kevin Okyere, explores sale of WCTP2 deepwater oil block to GNPC.
As Ghana confronts rising hunger, energy entrepreneur Kevin Okyere urges the private and public sectors to unite in tackling food insecurity, while his foundation supports hundreds of families and spearheads skills-training initiatives.
Kevin Okyere’s Springfield rejects fraud claims, citing due diligence and unresolved funding terms with Petraco.
Located in the West Cape Three Points Block 2 (WCTP-2), deep offshore Ghana, the Afina-1x well is pivotal to the company’s long-term oil production strategy.
Okyere is the founder of Springfield Group, one of Ghana’s few locally-owned oil exploration companies.
Okyere welcomed the ruling as a “vindication of Springfield’s position.”