By Ghana News
Copyright ghanamma
The Ghana National Petroleum Corporation (GNPC) and its exploration subsidiary, Explorco, are set to drill two new exploration wells by the end of the third quarter of 2026.
President John Dramani Mahama revealed this at the Africa Oil Week Summit on September 16, 2025.
According to him, the initiative is a key step in maximising Ghana’s hydrocarbon potential.
He said this presents the opportunity for investments and partnerships, adding that Ghana’s upstream petroleum sector remains open for business.
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“Ladies and gentlemen, it is instructive to note that Ghana, like most African countries, has large unlicensed acreages across our offshore and onshore basins. The onshore Voltaian basin presents one of the most exciting frontiers on the continent,” he said.
“The GNPC and its exploration subsidiary (Explorco) are advancing preparations to drill new exploration wells by the end of the third quarter of 2026. This presents a unique opportunity for partners seeking to pioneer Ghana’s onshore potential,” President Mahama said as quoted by citinewsroom.com.
The planned exploration position Ghana as a hub for petroleum exploration in West Africa and strengthen Ghana’s energy security while attracting foreign investment.
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