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 […]
Ghana’s national exploration company, GNPC Explorco, has showcased the investment and exploration potential of the Voltaian Basin as the country seeks to attract fresh investment into its upstream petroleum sector. The presentation was made during Ghana Day at AOW:Energy 2026 in Accra, which brought together governments, national oil companies, international operators, investors and financial institutions […]
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 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 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.
Ghana National Petroleum Corporation (GNPC) and its subsidiaries recorded revenue of $1.64 billion in 2025, up 3.66% from $1.58 billion a year earlier, as the state oil company stepped up efforts to stem declining crude production and bring new petroleum resources into development.
The Ghana National Petroleum Corporation (GNPC) is seeking strategic partners to help develop the Volta Basin, a vast onshore sedimentary basin estimated to hold more than 11 billion barrels of oil equivalent resources.