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Ghana Overview

Ghana

in figures

Oil reserves681 million barrels

Oil production199,000 bopd

Gas reserves55 bcm

Annual gas production1.09 bcm

Ghana: An Attractive Climate

After more than a century of unsuccessful oil exploration, Ghana was catapulted into the world of oil exporting economies with the 2007 discovery of the Jubilee field. It started producing oil in 2010, a mere 40 months after discovery, and remains the only major deepwater field in the country.

Putting Jubilee together with  the development of major new fields at Tweneboa, Enyenra and Ntomme – as well as Eni’s Sankofa, which came on line in May 2017 – the country has become one of sub-Saharan Africa’s largest producers.

Ghanaian oil production is opening up new opportunities for local companies while spurring the government to invest in new infrastructure and set out new regulations, promotions and incentives. Having also discovered substantial reserves of natural gas, the country is implementing an aggressive plan for gas utilisation with financing from China. Ghana sees natural gas as a stable power supply and cheap energy for growing domestic industry.

The Oil & Gas Year Ghana 2019 is published in collaboration with Ghana Oil Club. This third edition covers the lessons learned from the global oil price downturn and the opportunities that are becoming available as commodity prices recover. The book also provides readers with a complete perspective of the country’s main energy projects and steps the government is taking to draw in more foreign investment.

The Energy Year Ghana 2021 is currently in production.

Tullow: Confidence in Ghana Wissam AL MONTHIRY Managing Director TULLOW OIL GHANA
Articles
Ghana - May 04, 2022

Wissam Al Monthiry, managing director of Tullow Oil Ghana, talks to The Energy Year about the factors creating a positive…

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Hayssam-FAKHRY - The Energy Year
Interview
Ghana - December 14, 2021

Hayssam Fakhry, managing director of Interplast, talks to The Energy Year about the company’s central role in Ghana’s…

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Ghana reports

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Osmani AYUBA Managing Director NEDCo
Interview
Ghana - December 09, 2021

Osmani Ayuba, managing director of NEDCo, talks to The Energy Year about the company’s role in expanding electricity…

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Abdallah ASCHKAR CEO MEMOT COMPANY
Interview
Ghana - December 07, 2021

Abdallah Aschkar, CEO of Memot Company, talks to The Energy Year about challenges facing smaller local companies in Ghana’s…

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Abu Dhabi Oil and Gas Concessions 2019

Ghana maps

1st Oil & Gas Licensing Round Ghana 2019

ALL MAPS
Ghana Mustapha ABDUL-HAMID CEO NATIONAL PETROLEUM AUTHORITY
Interview
Ghana - December 06, 2021

Mustapha Abdul-Hamid, CEO of the National Petroleum Authority (NPA), talks to The Energy Year about recent developments in…

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Ben ASANTE Ghana Gas
Interview
Ghana - December 02, 2021

Ben Asante, CEO of the Ghana National Gas Company (Ghana Gas), talks to The Energy Year about how Ghana can leverage its natural…

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Taofik ADEGBITE CEO MARINE PLATFORMS
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Nigeria - November 26, 2021

Taofik Adegbite, CEO of Marine Platforms, talks to The Energy Year about the company’s edge in providing ROV services and prospects for Nigeria’s marine sector.…

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Egbert FAIBILLE Jnr. CEO PETROLEUM COMMISSION
Interview
Ghana - November 25, 2021

Egbert Faibille Jnr., CEO of Ghana’s Petroleum Commission, talks to The Energy Year about the Commission’s role in promoting upstream activity, its strategy for…

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Charles ADDO CEO MERIDIAN GROUP OF COMPANIES
Interview
Ghana - November 24, 2021

Meridian Group of Companies CEO Charles Addo, COO William Mould and CEO of the Energy Division Muhammad Zaman talk to The Energy Year about the critical role of gas…

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