The Ghana National Petroleum Corporation (GNPC) is preparing to drill its first exploration well in the Voltaian Basin by the end of 2026, as it advances efforts to assess the area’s hydrocarbon potential. Chief Executive Officer of GNPC, Kwame Ntow Amoah, said years of geological and geophysical studies had brought the project to the drilling […]
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 […]
Ghana has recorded a significant hydrocarbon discovery at the Nya Gyidie-1X exploratory well in the Deepwater Cape Three Point (DWCTP) Block, opening a new exploration prospect in the Tano Basin. The discovery, announced by President John Dramani Mahama at the Petroleum Commission’s Local Content Conference and Exhibition on Tuesday, is expected to deepen understanding of […]
Ghana has secured about US$2 billion in additional investments from partners in the Jubilee and Tweneboa-Enyenra-Ntomme (TEN) oil fields to boost production following the extension of the respective petroleum agreements to the end of 2040. Ms Emeafa Hardcastle, the Chief Executive Officer of the Petroleum Commission, announced this at the 12th edition of the Commission’s […]
GNPC Exploration and Production Limited Company (Explorco) has reaffirmed its plan to begin onshore drilling in Ghana’s Voltaian Basin in the fourth quarter of 2026 as it works towards becoming an independent Ghanaian oil and gas operator. The company announced this at its maiden Annual General Meeting (AGM), held at the Accra Marriott Hotel. Speaking […]
Ghana National Petroleum Corporation (GNPC) has shared its petroleum sector experience with a three-member delegation from the Eswatini National Petroleum Company (ENPC)
The Ghana National Petroleum Corporation (GNPC) and Malaysia’s state-owned energy company PETRONAS have begun a two-week technical and commercial engagement in Accra to assess opportunities in Ghana’s upstream petroleum sector.
The Tema Oil Refinery (TOR) has received 950,000 barrels of Sankofa-Gye Nyame light sweet crude from Ghana National Petroleum Corporation (GNPC), marking the first time a Ghanaian refinery has received crude from the field for refining.The cargo, sourced from the Offshore Cape Three Points (OCTP) block at Sanzule in WesternRegion, was delivered aboard the Sonangol […]
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 […]
The Ghana National Petroleum Corporation (GNPC) says it has identified potential stranded resources of more than one billion barrels of oil and 2.5 trillion cubic feet of gas in the Tano Basin. The Corporation says the resources could help boost Ghana’s declining petroleum production if existing infrastructure is leveraged to develop them commercially. Senior Geomatic […]