Ghana Country Briefing

Summary

Ghana is a politically stable Gulf of Guinea producer whose offshore petroleum industry has become an important element of West Africa’s energy landscape since first oil from Jubilee in 2010. The sector is concentrated in the Tano–Cape Three Points Basin and is anchored by three producing assets, Jubilee, TEN, and OCTP/Sankofa-Gye Nyame, supported by a comparatively mature legal framework and a visible state role through GNPC and the Petroleum Commission. In regional terms, Ghana is best understood as a medium-sized but institutionally significant offshore producer with growing relevance for gas-to-power supply. (Sources: GNPC overview; Petroleum Commission; GNPC 2024 Annual Report)