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GNPC is pursuing a mixed strategy of customer intimacy and operational excellence.
The corporation’s core strategy is to concentrate on promotion of acreage and prospects, leaving International Oil Companies to wholly finance exploration and development programs.
Studies to add to and improve the current inventory of prospects and leads will be accelerated, as more data is acquired. Efforts will be geared towards intensifying geophysical data processing, re-processing, interpretation and integration of all available geological and geophysical data to enable update of onshore/offshore prospects.
The updated prospects portfolio will be promoted to the international oil industry to secure exploration and production agreements. Ghana National Petroleum Corporation will especially encourage these companies to drill more exploratory wells to improve the nations’ reserves towards accelerated production.
A continuing transformation of the corporation’s business processes to improve its closeness with its key target segment; major world-class independent oil companies, is being undertaken.
The corporation will be embarking on major road shows to highlight the benefits of a new regulatory and fiscal regime once it is promulgated early next year.
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