Kevin OKYERE

CEO

SPRINGFIELD GROUP

There are some Ghanaian companies servicing the upstream sector that are top notch.
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Springfield

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

Ghana court sides with Springfield in Eni dispute
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…

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Frederick Sam Freddie Jordan Oil Company Ghana
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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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Kofi Koduah SARPONG CEO GNPC
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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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Kevin Okyere Springfield Ghana
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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