Sinopec, Represented by Neil Bush, Makes Offer for Ghana Oil Stake

LAGOS, NigeriaChina Petroleum & Chemical Corp. has made an offer to the Ghanaian government to jointly bid for a stake in a major oil discovery off the coast of the West Africa country, according to a person familiar with the matter.

Sinopec, represented by Neil Bush, the younger brother of former U.S. President George W. Bush, recently made an offer to the Ghana National Petroleum Corp. to form a joint bid for a stake in the Jubilee field, the person said.

GNPC officials rejected the initial offer, according to the person, and are waiting to hear from all potential partners before making a decision.

Mr. Bush couldn’t be reached for comment.

continue reading…


Leave a Reply