Ghana’s offshore oil and gas industry is showing renewed signs of recovery after years of declining output, with new drilling activities, planned investments and licence extensions expected to boost production and strengthen the country’s energy security.
Ghana, Seychelles and São Tomé and Príncipe are advancing distinct but converging energy transition pathways, as governments shift from policy design to execution-ready infrastructure and investable project pipelines. These national strategies will be presented at the Power Africa Today conference during African Energy Week (AEW) 2026 in Cape Town from October 12–16.
The Tema Oil Refinery (TOR) is implementing an ambitious turnaround strategy to become a major supplier of petroleum products to the landlocked Sahelian countries, leveraging Ghana’s safe transit corridor and the region’s growing demand.
Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) is pleased to provide the following update on activities across its portfolio:
Tema Oil Refinery (TOR) Managing Director Edmond Kombat disclosed that he has initiated direct conversations with government on mechanisms to recapitalise the company’s balance sheet – including releasing the refinery’s outstanding share of Energy Sector Levy Act (ESLA) receivables, which he says stand at a minimum GH¢1.6billion. Presenting his review at TOR’s 18th annual general […]
A new study has found that Ghana’s local content policies in the upstream petroleum sector have contributed significantly to employment creation, local business participation and supplier engagement, although progress toward deeper industrial transformation and technological independence remains gradual. The research, conducted by Frank Yao Gbadago of the Department of Accounting Studies Education at Akenten Appiah-Menka […]
President John Dramani Mahama has announced that Ghana will commence onshore oil drilling in the Voltaian Basin before the end of 2026, marking a significant step in the country’s efforts to expand petroleum exploration beyond its established offshore fields.
The Minister for Energy and Green Transition, John Abdulai Jinapor, says the expansion of the Sentuo Oil Refinery will enable Ghana to reduce its reliance on imported finished petroleum products once the project is completed.
Accra, Ghana – 23 June 2026 – The Ghana Upstream Petroleum Chamber has announced changes to its Council leadership following its Council meeting held yesterday. The Council appointed Mr Joe Dadzie (Head of Vitol Upstream Ghana) as the new Chairman of the Council and Ms. Naa Opoku Agyeman (Managing Director, Yinson) as the new Vice […]
Ghana is set to drill its first exploration well in the Voltaian Basin between the fourth
quarter of 2026 and the first quarter of 2027, the Chief Executive Officer of the
Petroleum Commission, Emeafa Hardcastle, has disclosed.