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GNPC and AOW:Energy Signal New Era of Upstream Investment in Ghana as Accra Emerges as West Africa’s Energy Deal Hub

Ghana is positioning itself at the centre of a new upstream investment cycle in West Africa, as the Ghana National Petroleum Corporation (Ghana National Petroleum Corporation) and AOW:Energy align on a shared ambition to accelerate exploration, deepen investor engagement, and unlock frontier petroleum opportunities ahead of AOW:Energy 2026 (1–3 September, Accra).  In a series of strategic industry conversations, GNPC […]

Ghana Resolves Oil Disputes, Secures $3.5 Billion in Investment Pledges

Ghana’s Petroleum Commission says it has resolved all disputes with upstream oil operators active in the country. The agency also reports two separate investment commitments totaling $3.5 billion, earmarked for the Jubilee and TEN fields as well as the Offshore Cape Three Points (OCTP) block. Several producing countries are currently working to secure new upstream […]

Petrobras enters negotiations for four offshore blocks in Ghana’s Keta Basin

Brazil’s state-run oil company, Petrobras (PETR3.SA), opens new tab, said ​on Friday it had submitted an expression ‌of interest for exploration blocks in Ghana and begun negotiations.The West African nation’s Ministry of Energy and Green ​Transition had approved its application to negotiate ​exploration contracts for four offshore blocks in ⁠the Keta Basin, Petrobras said.Sylvia Anjos, Petrobras’ […]

Ghana saves $500m annually from gas-to-power shift – Jinapor

Ghana’s shift towards gas-driven power generation has helped reduce the country’s dependence on imported liquid fuels, generating annual savings of about $500 million, Energy and Green Transition Minister Dr John Abdulai Jinapor has said. Speaking at the launch of the Petroleum Commission’s 15th anniversary celebrations on Tuesday, August 18, Dr Jinapor said increased gas availability […]

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 […]

Government moves to restore investor confidence as Ghana seeks to revive oil production

The government is implementing measures to restore investor confidence, increase exploration, and reverse declining oil production as Ghana seeks to revitalise its upstream petroleum sector, Minister for Energy and Green Transition Dr John Abdulai Jinapor has said. Speaking at the 15th anniversary celebration of the Petroleum Commission, Mr Jinapor said Ghana faced increasing competition for […]