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Tue, 10 Nov 2026 Headlines

Ghana announces discovery of new oil and gas deposits

  Tue, 10 Nov 2026
Ghana announces discovery of new oil and gas deposits

President John Dramani Mahama has announced a new offshore oil and gas discovery in the deepwater section of Ghana's Cape Three Points Contract Area.

The President made the announcement on Tuesday, November 10, while addressing the opening of the 2026 Local Content Conference and Exhibition organised by the Petroleum Commission in Takoradi.

He disclosed that Planet One Oil and Gas Limited, in partnership with Well Upstream Limited and the Ghana National Petroleum Corporation (GNPC), had made the discovery through an offshore exploration exercise.

“I am pleased to announce that Planet One Oil and Gas Limited together with its partners, Well Upstream Limited and the Ghana National Petroleum Corporation have made a new offshore discovery,” President Mahama said.

He identified the exploration well as Nya Gyidie 91X, explaining that the discovery marked an important development in Ghana's petroleum exploration efforts.

“The hydrocarbons discovery at the Nya gyidie (have faith) 91X well in the deep water Cape Three Points Contract Area, marks an important milestone for Ghana. It is the country’s first successful test of a Cenomanian and Turonian carbonate plate as the primary exploration targets.”

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