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Reports circulating to the effect that Joseph Babatunde Ampah, formerly of Databank Financial Services, is leading a consortium partnering AGM Ghana Ltd in its oil and gas exploration and production activities offshore in Ghana are based on false rumours.

Rather, David Adomakoh, an astute investment banker with nearly three decades of experience in executive management, is the man leading Quad Energy as AGM’s local partner.

Mr.Adomakoh is the 100 per cent shareholder in Quad Energy as well as a non-executive board member of Aker Energy, Norway.

With Mr Adomakoh’s appointment to lead the consortium, Quad Energy has become “a proud partner of AGM, a company that is genuinely intent on delivering substantial value to the people of Ghana through its activity in the country’s oil and gas sector”, a statement from the company signed by the shareholder said.

The company was compelled to set the record following a string of misinformed questions raised about its real owners. This was not disclosed in the memo to Parliament during consideration of the amended petroleum agreement for AGM Ghana Ltd on Friday.

“Mr David Adomakoh invited his nephew, Babatunde Ampah, to initially serve as the second director of the company. But Mr Ampah holds no shareholding or any other beneficial interest in the company,” Mr Adomakoh said in his statement.

“Quad Energy Limited seeks to focus on developing itself as one of the growing number of long-term-oriented Ghanaian-owned businesses that continue to deepen the involvement of Ghanaians in the local oil and gas sector.”

*AGM operations*

AGM Ghana Ltd first acquired the South Deepwater Tano (SDWT) oil block in September 2013.

This was before the Petroleum (Local Content and Local Participation) Regulations 2013 (LI2204), which make it mandatory to have an indigenous Ghanaian company holding a minimum 5 per cent interest in subsequent oil blocks, came into force.

Until them, AGM Ghana Ltd did not have a local partner with a distinct interest. The parties that came under the original 2013 petroleum agreement for the SDWT block were Ghana National Petroleum Corporation (GNPC), GNPC Explorco and AGM Ghana Ltd.

Until 2018, AGM Ghana Ltd was wholly owned by AGM Gibraltar, an offshore company registered under the laws of Gibraltar.

Under the terms of the petroleum agreement dated September 10 2013, the parties were GNPC, GNPC Explorco and AGM Petroleum Ghana Ltd.

The shareholders of AGM Gibraltar were Minexco OGG Inc (97.5 per cent) and Med Songhai (2.5 per cent). Med Songhai is a Ghanaian company wholly owned by the industrialist Joseph Siaw Agyepong of Jospong fame.

Checks show that Med Songhai Developers Ltd was incorporated in Ghana in September 2011. Its stated directors are Dela Ackah, Joseph Siaw Agyepong and Kyeretwie Opoku.
Interestingly, Kyeretwie Opoku, who was on the GNPC board at the time, witnessed the petroleum agreement for AGM in 2013. He was also the chairman of GNPC Explorco at the time.

In 2018, AGM Gibraltar sold 100 per cent of its shares in AGM Ghana to Petrica Holding AS, which became the sole shareholder of AGM Ghana, thereby extinguishing both Minexco OGG and Med Songhai’s interests in the entity and the block.

Med Songhai however continues to be a shareholder in the offshore company AGM Gibraltar, but not in AGM Ghana, a distinct and separate legal entity which has acquired new ownership.

As of September 2013, when the petroleum agreement was signed by the parties, the Petroleum (Local Content and Local Participation) Regulations 2013 (LI 2204), requiring 5 per cent local content participation, were not applicable to the terms of the agreement.

Med Songhai’s interest and participation decisions in AGM Gibraltar were based purely on commercial assessments at the time, and were not as the result of a legislative instrument which did not exist when the agreement was signed.

*Parliament’s role*

On May 30 2018, Med Songhai delivered a petition to the parliamentary select committee on energy regarding its interest in the South Deepwater Tano Basin and its participation (or, rather, lack of participation) in AGM.

The petition was tabled before Parliament, which recommended that the Minister of Energy facilitate a meeting between Med Songhai and AGM Ghana with a view to resolving the issue of Med Songhai’s 2.5 per cent participation interest in AGM (Gibraltar) Ltd and its relation, if any, to the new ownership structure of the SDWT block.

The Minority in Parliament put up a strong defence on behalf of Joseph Siaw Agyepong and questioned Quad’s participation in the block as a local partner.


Qilansar: Revolutionizing The Way Services Are Accessed






In a world where convenience and efficiency are paramount, Qilansar emerges as a leading online platform, revolutionizing the way people access services. With its seamless user experience, extensive network of skilled professionals, and commitment to exceptional customer service, Qilansar is transforming the service industry landscape. This article delves into the innovative features, remarkable growth, and positive impact that Qilansar is making on service seekers and providers alike.

Streamlining Service Access

Qilansar offers a user-friendly platform that connects customers with a wide range of services, ranging from home maintenance and personal wellness to education, pet care, events, virtual assistance, and beauty and wellness. Gone are the days of scouring different platforms or relying on word-of-mouth recommendations. With Qilansar, users can effortlessly browse through a diverse network of verified service providers and book appointments with just a few clicks. The platform’s intuitive interface and streamlined booking process prioritize convenience and save users valuable time and energy.

Quality Assurance and Accountability

One of Qilansar’s key differentiators is its commitment to quality assurance and accountability. Every service provider on the platform undergoes a rigorous vetting process, ensuring that customers can trust the professionals they hire. Moreover, Qilansar encourages users to leave reviews and ratings, promoting transparency and helping others make informed decisions. This feedback system fosters a community of trust, motivating service providers to maintain high standards of service excellence.

Driving Growth and Empowering Service Providers

Qilansar’s impact extends beyond the convenience it offers customers. The platform also plays a pivotal role in empowering service providers and helping them expand their reach. By joining Qilansar’s network, professionals gain access to a larger customer base and the opportunity to showcase their skills and expertise. This exposure enables service providers to grow their businesses, establish their reputations, and enhance their professional profiles. Qilansar’s dedication to supporting service providers is a testament to its commitment to fostering a thriving community of skilled professionals.

Embracing Technological Advancements

Qilansar recognizes the importance of leveraging technology to enhance the service experience. The platform is continually investing in cutting-edge tools and features to improve user interactions and simplify processes. From secure and reliable payment systems to personalized search options and dedicated customer support channels, Qilansar combines innovation with user-centric design to deliver an unparalleled service marketplace.

Downloading The Qilansar Application

To access the seamless services offered by Qilansar, customers can download the Qilansar app, available for both iOS and Android devices. Simply visit the App Store or Google Play Store and search for “Qilansar.” Once you find the app, click the download button and wait for the installation to complete. The Qilansar app provides a convenient and user-friendly interface, allowing customers to effortlessly browse services, book appointments, and manage their service requests on the go.


Qilansar’s emergence as a leading online platform for service access signals a significant shift in how people engage with service providers. By providing a seamless user experience, prioritizing quality assurance and accountability, empowering service providers, and embracing technological advancements, Qilansar is redefining the service industry landscape. Whether customers require home maintenance, personal wellness, education, pet care, events, virtual assistance, or beauty and wellness services, Qilansar offers a one-stop solution. As the platform continues to expand and evolve, it is poised to transform the lives of service seekers and providers, making access to high-quality services more convenient and efficient than ever before.

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Entrepreneur Cum Hairstylist, Millicent Tetteh Starts “Mimi De Hairdresser” In Accra




Entrepreneur and professional hairstylist, Millicent Tetteh has commissioned her new office, “Mimi De Hairdresser” in Accra yesterday in a grand style.

The event which was held on 25th November, 2023 saw bloggers and influencers gracing the occasion. It was indeed a spectacle to behold as many a man were treated with a gracious reception. As for ladies who needed braids and special hair treatment, they were treated pleasingly by the order of the Peaky Blinders on a softer note.

“Mimi De Hairdresser” located in Madina Estate near “Bag  and Save”  supermarket offer the following hair services; extensions, braid caps, installations, braids, nails, pedicure, manicure, piercing, salon services, et al. In fact, they offer all services as far as hair is concerned. They also are available for home services. They open every day from 9AM to 8pm.

Connect with “Mimi De Hairdresser” on the following social media fora;

Instagram: @iammimidehairdresser

Snapchat: aj_mimi8

Also contact Mimi on 0543565688.


Have a glimpse of the opening event and venue from below.


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