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Ghana News Updates > Business > Growing Ghana’s Oil Reserve | Business News
Business

Growing Ghana’s Oil Reserve | Business News

Admin0249
Last updated: 2023/06/11 at 9:04 AM
Admin0249 4 months ago
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The oil and gas industry having gone through a global slump during the covid pandemic is now on the path of a steady recovery.

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In the context of the current shift towards a cleaner energy transition, according to Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), O-A Danquah, is to expedite the responsible and sustainable exploration of Ghana’s oil and gas resources to meet the growing demand.

“This puts the VBP [Volta Basin Project] at the forefront of our priorities as management with our skilled and adaptable workforce channel all efforts to ensure our goal of spudding a well in the most sustainable and environmentally efficient manner comes to fruition,” he said.

GNPC is currently exploring the prospects of hydrocarbons in Ghana’s onshore sedimentary basin (VBP) under a Reconnaissance license deploying a mix of geophysical, geological and geochemical techniques with expectations to drill a well early next year

Source: Peacefmonline.com

 

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Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.

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Admin0249 June 11, 2023
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