Ghana National Petroleum Company News

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Aker Energy Strikes Oil at Offshore Ghana Well
Tuesday, March 05, 2019 Aker Energy, operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has struck oil in the Pecan South-1A well offshore Ghana.

Energy Ministry: Ghana To Award Nine New Oil Blocks Off West Coast
Thursday, May 17, 2018 Ghana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year.

Russia's Gazprom Signs LNG Supply Deal With Ghana
Monday, September 18, 2017 Gazprom has signed a 12-year deal to supply Ghana National Petroleum Corporation (GNPC) with liquefied natural gas.

National Petroleum: Ghana Oil Output To Hit Up To 110,000 Bpd In 2014
Tuesday, April 08, 2014 Ghana's Jubilee oilfield will produce up to 110,000 barrels per day in 2014, Ghana National Petroleum Corporation Chief Executive confirms.

Ghana President Names New Head of State Oil Company
Friday, September 20, 2013 Ghana's president, John Dramani Mahama, names finance and energy specialist Alexander Mould as head of the state-run Ghana National Petroleum Corporation (GNPC), an official said on Thursday.

GNPC, CNOOC Bid $5B to Buy Kosmos Stake
Monday, November 01, 2010 GNPC has made a $5 billion bid jointly with CNOOC to buy Kosmos Energy's assets in the African nation.

CNOOC, Ghana National Petroleum Bid $5B for Kosmos' Ghana Assets - Report
Friday, October 22, 2010 CNOOC and Ghana National Petroleum made a $5B bid to buy closely held Kosmos' assets in Ghana, including its stake in the Jubilee oil field.

Tap Oil Takes Bite Out of Accra Permit
Tuesday, March 30, 2010 Tap Oil has executed a Petroleum Agreement with GNPC to explore the Offshore Accra Contract Area in Ghana, West Africa.

Ghana, Kosmos Nearing Compromise on Jubilee Sale
Friday, March 26, 2010 Talks between authorities in Ghana and U.S. oil firm Kosmos over the sale of its Jubilee stake are ongoing with expectations that a compromise will be reached, the deputy energy minister said Friday.

Ivory Coast in Row with Ghana over Oil-Rich Offshore Region
Friday, March 05, 2010 The discovery of oil reserves off the coast of Ghana has kicked off a row with Ivory Coast, which is claiming part of its neighbor's maritime area, a Ghanian minister said Friday.

Vanco Hits Hydrocarbons in Ghana's Deep Waters
Friday, February 26, 2010 Vanco, in partnership with Lukoil and GNPC, has made a significant discovery at its Dzata-1 exploration well, in a deepwater block offshore Ghana.

Mira Still in Talks with GNPC for Onshore Concession
Wednesday, February 10, 2010 Mira Resources is still in active negotiations with GNPC for a potential acquisition of the onshore Tano Basin concession in Ghana.

Ghana Stops Kosmos' $4B Jubilee Sale to ExxonMobil
Tuesday, February 09, 2010 Ghana has blocked the $4 billion sale of a stake in a huge oil field, foiling months of talks between potential buyer ExxonMobil and the stake's owner, Kosmos Energy.

Tweneboa Confirmed as Major Field Offshore Ghana
Thursday, January 21, 2010 Results of drilling, wireline logs and samples of reservoir fluids establish that Tweneboa is a major oil and gas-condensate field.

BP Said to Nix Bid for Stake in Jubilee - Bloomberg
Thursday, January 07, 2010 BP has abandoned plans to bid for Kosmos Energy's stake in the Jubilee oil field in Ghana, Bloomberg News reported Wednesday, citing two people familiar with the matter.

Tullow Oil Says Ghana Offshore Production a Year Away
Wednesday, October 28, 2009 Tullow Oil Ghana will start producing from the offshore Jubilee oil field in just over a year, an official said Wednesday.

Sinopec Makes Offer for Ghana Oil Stake
Monday, October 26, 2009 Chinese oil giant Sinopec has reportedly made an offer to the Ghanaian government to jointly bid for a stake in a major oil discovery off the coast of the West Africa country.

ExxonMobil Mulls Entry in Tullow's Ugandan Project
Monday, October 26, 2009 ExxonMobil is studying a possible entry in Tullow's Ugandan project, people familiar with the matter said Monday, as oil majors seek to expand into new African territories.

BP Said to Be on the Prowl for Kosmos' Stake in Jubilee
Thursday, October 22, 2009 Bloomberg reports that industry heavyweight BP may make a bid for Kosmos' stake in the Jubilee offshore development and has already tapped Goldman Sachs as its advisor.

CNOOC-StatoilHydro Deal Could Mark China's Entry into US GOM
Friday, October 16, 2009 CNOOC is reportedly in talks with StatoilHydro over a deal that would open the U.S. Gulf of Mexico to China's oil companies for the first time.

Massive Jubilee Field Extended by Successful Appraisal
Thursday, October 15, 2009 The Mahogany-4 appraisal well, offshore Ghana, has successfully encountered 43 meters of net pay and has further extended the massive Jubilee field.

Kosmos Confirms Deal to Sell Exxon Stake in Jubilee
Monday, October 12, 2009 Kosmos Energy confirmed it will sell its stake in a significant oil discovery off the coast of Ghana to ExxonMobil, the first confirmation from either company of the deal, said to be worth $4 billion.

GNPC Taps Oando for $1B Jubilee Project
Monday, October 05, 2009 GNPC has selected Oando to develop assets and infrastructure to harness the gas that will be produced from the offshore Jubilee oil field.

Eni Enters Offshore Ghana with Majority Stakes
Monday, September 28, 2009 Eni has entered Ghana through the acquisition of majority stakes in the Offshore Cape Three Points and Offshore Cape Three Points South exploration licenses.

GNPC, Vitol Find Oil and Gas at Cape Three Points Block
Wednesday, September 16, 2009 The Sankofa -1A well drilled in its Cape Three Points Block, offshore Ghana, has encountered a net hydrocarbon column.

GATE Chosen for Jubilee Water Injection System Review
Monday, August 31, 2009 GATE was selected by the Jubilee Field Unit Partners to conducted an integrated water injection system review at the Jubilee Field Development.

Tullow Gets Thumbs Up from Ghana Govt to Develop Jubilee
Wednesday, July 15, 2009 In support of its decision to fast-track the project early in 2008, Tullow has received formal approval from the Government of Ghana for the Jubilee Phase 1 Development Plan.

Kosmos Closes $750MM Loan Facilities to Fund Share of Jubilee Devt
Tuesday, July 14, 2009 Kosmos Energy has secured financing to fully fund the Company's share of Jubilee's phase-one development, offshore Ghana.

Vanco Continues Exploration in Cape Three Points Deepwater Block
Wednesday, April 01, 2009 Ghana, GNPC, Vanco and Lukoil signed a new petroleum agreement covering the Cape Three Points Deepwater block offshore Ghana.

Tullow Deepens Tweneboa Find, Discovers More Oil in Uganda's Block 2
Wednesday, March 25, 2009 Tullow announced that the deeper section of the Tweneboa-1 exploration well offshore Ghana and the Karuka-2 exploration well drilling the Vundu prospect in Block 2 Uganda have both encountered oil bearing sands.

Tullow Discovers Hydrocarbons at Tweneboa Offshore Ghana
Monday, March 09, 2009 Located in the Deepwater Tano license offshore Ghana, the Tweneboa-1 exploration well discovered 21 meters of net pay.

Offshore Ghana Appraisal Well Flows Nearly 17,000 Barrels of Oil Per Day
Monday, January 12, 2009 The Hyedua-2 well, which was drilled to appraise the Jubilee field offshore Ghana, has flowed at a stable rate of 16,750 bopd.

Tullow Extends Jubilee Field with Mahogany-3 Appraisal Discovery
Thursday, January 08, 2009 The Mahogany-3 appraisal well has intersected significant oil columns in the West Cape Three Points license offshore Ghana.

Tullow Hits Paydirt with Deepwater Tano Well, Extends Jubilee Field
Thursday, December 11, 2008 The Hyedua-2 appraisal well, which is being drilled to appraise the Jubilee field offshore Ghana, has intersected a significant light oil column.

Aker Grabs Major Oil, Gas Deepwater License in Gulf of Guinea
Thursday, November 06, 2008 Aker has been awarded a major oil and gas deepwater exploration and production license in the Gulf of Guinea.

Tullow Spuds Ebony-1 in Tano Shallow License Offshore Ghana
Thursday, October 23, 2008 The Ebony-1 exploration well offshore Ghana in the Tano Shallow license was spudded October 22 and will be drilled by Seadrill's West Ceres jackup rig.

MODEC to Provide, Operate Jubilee Field's First FPSO
Monday, August 11, 2008 MODEC has reached an agreement with the Jubilee Field Partners and Tullow Ghana Ltd., Field Operator, to provide and operate the first FPSO to be installed on the Jubilee Field offshore Ghana.

Appraisal Well Spudded in North Tano Field Offshore Ghana
Friday, September 07, 2007 GlobalSantaFe's Adriatic VI drilling rig has spudded the North Tano 3X appraisal well in the offshore Ghana North Tano Field (Block Tano Shallow).

Anadarko, Partners Hit Oil Pay Offshore Ghana
Monday, June 18, 2007 Anadarko Petroleum Corp. on Monday announced an oil discovery at the Mahogany-1 exploration well on the deepwater West Cape Three Points Block offshore the Republic of Ghana.

InterOil to Acquire Stake in Offshore Ghana Project
Wednesday, March 14, 2007 InterOil Exploration and Production ASA has entered into a farm-out agreement with Tullow Ghana Limited to acquire a 35% (31.5% net) interest in the Tano Shallow Water Contract in Ghana.

Kosmos Signs Deal for Second Well Offshore Ghana
Friday, December 15, 2006 Kosmos Energy said that it has added a second block offshore the Republic of Ghana to the company's West African portfolio and has secured partners on both blocks.

ONGC Videsh Signs MoU with GNPC
Friday, October 15, 2004 ONGC Videsh Limited and Ghana National Petroleum Corporation have entered into a Memorandum of Understanding on October 14, 2004.