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Ghana targets six new petroleum agreements by first quarter of 2027 – Energy Minister

The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has announced that Ghana is expected to sign at least six new petroleum agreements with international oil companies by the first quarter of 2027. This forms part of efforts to attract fresh investment and reverse the decline in the country’s oil production. He said […]

Eni moves Cronos into execution, targets first Cyprus gas in 2028

 Eni has signed the main engineering, procurement, construction and drilling contracts for the Cronos gas project in Block 6 offshore Cyprus, moving the development into execution. The execution phase was formally launched on Oct. 26 at a ceremony in Nicosia, attended by Cypriot President Nikos Christodoulides and Energy Minister Michael Damianos. The contracts cover the […]

US$3.5bn push turning around Ghana’s oil decline – Advisor to Energy Minister

Mahama administration and the Ministry of Energy and Green TransitionUS$3.5 billion in planned upstream investment Energy Ministry Technical Advisor, Dr. Yussif Sulemana, says the government expects crude production to increase by the end of 2026 as investment returns to some of Ghana’s major producing fields. “I can tell you on authority that coming by the end of […]

Ghana to sign 5 new petroleum agreements soon – Energy Minister

The Minister for Energy and Green Transition, John Abdulai Jinapor, has revealed that government will soon sign five new petroleum agreements with international firms seeking to enter Ghana’s upstream petroleum sector. According to him, renewed investor confidence in Ghana’s oil and gas industry, driven by strategic reforms undertaken by government, has sparked fresh interest from […]