Reports

The Oil & Gas Year Ghana 2020

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The Oil & Gas Year Ghana 2020 features dozens of interviews, most only available in the report, including with:

“Given the number and calibre of the companies that expressed interest in our maiden oil and gas licensing round, it suffices to say that Ghana’s oil and gas industry is attractive and promising.” 

Hon. John Peter Amewu, Minister of Energy

The Oil & Gas Year Ghana 2020 delves into the country’s developments a decade after first oil. This year’s edition covers a range of topics, including the country’s first-ever licensing round, measures aimed at boosting investor confidence, the government’s plans to turn Ghana into a regional logistics and petroleum hub, the increasing role gas is playing in the country’s energy mix and the achievements of the local content law since its enactment in 2013.

“The exciting aspect about this achievement [the Afina-1x well discovery] is that it’s not just for Springfield, but is for the entire continent – to say that Africans can do things and we do them very well once we put our minds to it. We think that this will unleash the potential of Africa.” 

Kevin Okyere, Founder and CEO of Springfield Group, TOGY Ghana 2020 Indigenous Company of the Year

Ghana is putting the pieces in place to increase its energy profile on the African continent, such as expanding E&P activities to reach 500,000 bopd by 2024, initiating policies to increase transparency in the awarding of blocks and ultimately creating a regional hub for the hydrocarbons industry.

Produced in partnership with the Ministry of Energy, this fourth edition of The Oil & Gas Year Ghana provides insight to investors and companies looking at strategic opportunities in the country at a time when Ghana’s oil and gas industry is aiming to double production.

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In this report

  • Ghana Minister of Energy John Peter Amewu Growth and opportunity in Ghana

    Hon. John Peter AMEWU

    Minister of Energy

    Ministry of Energy

    The biggest opportunity in Ghana’s upstream is the petroleum hub.
  • Kofi Koduah SARPONG CEO GNPC Confidence in Ghana’s future

    Kofi Koduah SARPONG

    CEO

    GHANA NATIONAL PETROLEUM CORPORATION

    Exxon’s arrival is a vote of confidence in Ghana’s oil and gas potential.
  • Randi Cruz ExxonMobil A positive outlook for investment in Ghana

    Randi CRUZ

    Managing Director

    EXXONMOBIL EXPLORATION & PRODUCTION GHANA (DEEPWATER)

    A key consideration in our investment decision is the attractiveness of the underlying geology.
  • ENI NIGERIA Daniele Ghana On the path to zero emissions

    Roberto DANIELE

    Managing Director

    ENI NIGERIA

    One has to think outside of the box and be proactive to achieve zero-emissions goals.
  • Kevin Okyere Springfield Ghana Making history in Ghana’s upstream

    Kevin OKYERE

    CEO

    SPRINGFIELD GROUP

    There are some Ghanaian companies servicing the upstream sector that are top notch.
  • Ivy APEA OWUSU Cirrus A strategy of staying connected

    Ivy APEA OWUSU

    CEO

    CIRRUS OIL SERVICES

    It’s important not to leave your clients behind. You should strategically see what their challenges are and how you can step in.
  • Frederick Sam Freddie Jordan Oil Company Ghana Looking past the slowdown in Ghana

    Frederick A. SAM

    President and CEO

    FREDDIE JORDAN OIL COMPANY

    We are using this time to propose virtual training to GNPC. We have offered them some free courses, and they are testing the modules.
  • R Yofi Grant Ghana GIPC Ghana’s remarkable resilience

    R. Yofi GRANT

    CEO

    GHANA INVESTMENT PROMOTION CENTRE

    For Ghana, it is not just the local market but also the continental free trade market which is going to be huge.

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