Natural gas has become a major commercial driver for the Ghana National Petroleum Corporation (GNPC), generating $952 million in sales revenue in 2025. Mr Hamis Ussif, the GNPC’s Deputy Chief Executive in charge of Finance, Commercial and Administration, said the development reflected the growing importance of gas to the Corporation’s operations and Ghana’s wider energy […]
Tullow Oil expects full-year production at the top end of its guidance after a strong first half in Ghana, although refinancing costs pushed it deeper into the red. The Ghana-focused oil producer pumped an average of 43,700 barrels of oil equivalent a day in the six months to June, up from 40,600 a year earlier. […]
The Acting Chief Executive Officer of the Petroleum Commission, Emeafa Hardcastle, says Ghana is preparing to drill its first onshore exploration well in the Voltaian Basin before the end of 2026. She says the Ghana National Petroleum Corporation (GNPC) and its exploration subsidiary, GNPC Explorco, are leading preparations to test the petroleum potential of the […]
LEKOIL has outlined a long-term ambition to build production capacity of 100,000 barrels per day across its portfolio, supported by increased production, further exploration, gas commercialisation and strategic partnerships. The company presented its growth strategy at Africa Oil Week (AOW) 2026 in Accra, where it participated as Platinum Sponsor and engaged government officials, investors, operators […]
Ghana and Uganda are strengthening cooperation in the upstream petroleum sector through the exchange of practical lessons on petroleum governance, regulation and operations.
The Government of Ghana, the Ghana National Petroleum Corporation (GNPC) and GNPC Explorco have signed a non-binding memorandum of understanding with Shell and Chevron. The MoU covers the South Deepwater Tano Cape Three Points block offshore Ghana’s Western Region. As reported by Reuters, the agreement was signed in Accra on September 1, 2026, at the […]
The Petroleum Commission and Kosmos Energy Ghana have signed an agreement to facilitate the secondment of some engineers of the Commission to Kosmos Energy’s facility in Houston, Texas, in the United States. The initiative forms part of the Commission’s efforts to build a highly skilled and technically competent workforce to effectively regulate and support Ghana’s […]
The Government of Ghana has signed two Memoranda of Understanding (MoUs) with ENI Ghana, Vitol Upstream Tano Ltd (Vitol) and the Ghana National Petroleum Corporation (GNPC) covering offshore acreages GH WB 3 and GH WB 8 in the Tano Basin. The agreements, signed by the Minister for Energy and Green Transition, Dr John Abdulai Jinapor, […]
Ghana’s Energy and Green Transition Minister John Abdulai Jinapor has urged global oil and gas investors to support greater African ownership, local capacity and stable policy frameworks, saying the continent needs to capture more value from its hydrocarbon resources as the energy transition gathers pace.
Ghana must continue to improve its competitiveness to attract the capital needed to sustain production from existing oil fields, develop discovered resources and advance new exploration opportunities, the chief executive officer of the Ghana National Petroleum Corporation (GNPC), Kwame Ntow Amoah, has said.