Browsing: Ghana’s oil and gas industry

Ghana's oil and gas sector

Why Ghana’s oil and gas sector is beckoning foreign investors

Investing
  • Ghana has over 17 oil and gas projects that are in the pipeline for investments in the next three years.
  • Some of the main projects are the Jubilee South East Project, which is under development by British oil and gas explorer Tullow Oil.
  • The country is spearheading plans to attract new investments for renewable energy projects as it steps up the share of renewables to 10% by 2030.

Ghana’s oil and gas sector boasts of over 600 million barrels of proven reserves, and is fast positioning itself as a magnet for foreign investors seeking to tap into its energy industry.

The country’s energy wealth, which also includes 0.8 trillion cubic feet of gas, is equally unveiling a myriad of lucrative investment opportunities in renewable energy that foreign investors can tap into as well.

Proceeds from these investments would play a critical role in propelling the country to achieve its goal …