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 […]
President John Dramani Mahama has announced that Ghana is expected to save approximately $3.5 billion over the remaining life of the Offshore Cape Three Points field following a renegotiated gas sales agreement with ENI. According to the President, the revised agreement is expected to reduce the average price of gas supplied under the arrangement by […]
ACCRA, June 26 (Xinhua) — Ghanaian President John Dramani Mahama late Thursday performed the official groundbreaking for the expansion of the Chinese-built Sentuo oil refinery project in Tema, Ghana’s eastern port city, to increase production from 40,000 barrels per stream day to 100,000.
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.