Established in 1983, the Ghana National Petroleum Corporation (GNPC) strives to become a world class company that partners with the international petroleum industry to enable Ghana find and develop oil and gas resources for the benefit of the people of Ghana as well as our partners who share in the exciting expedition.
GNPC has established a comprehensive database on the enormous potential of the various sedimentary basins in Ghana. The Corporation identified some of the prospects that led to recent exploration successes in Ghana’s deepwater areas, enabling the country to become a deepwater oil producer and net exporter within three and half years after the Jubilee discovery. This fast track development has been celebrated as an industry record.
Looking ahead, GNPC’s ambition is to become a leading global oil and gas company whose operations have a profound impact on the quality of life of the people of Ghana.
“Despite the recent E&P successes the country’s Sedimentary Basins remain underexplored. A number of interesting leads and prospects with good potential for oil and gas accumulation still remain. Our open door policy is still in operation. GNPC is well positioned to enter into strategic alliances with world class oil companies to explore and develop this potential for our mutual benefit. GNPC intends to develop its operating capability for achieving its vision of a nationally led oil and gas industry that contributes positively to national development.
Ghana is a democratic country. Over the last 20 years, we have had a stable democratic process. Indeed, the process in which we operate is transparent and equal for all companies. We seek companies that are technically and financially capable. They must have systems and processes and a long term commitment to stay in Ghana. In pursuit of these exploration and development opportunities companies must have a long term commitment to Ghana”.