July 23, 2016 2:43 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Ghana National Petroleum Corporation

Company Overview

Ghana National Petroleum Corporation engages in the exploration, development, and production of petroleum resources in Ghana. The company was founded in 1983 and is based in Tema, Ghana.

PMB

Petroleum House

Tema,  

Ghana

Founded in 1983

Phone:

233 22 206020

Fax:

233 22 206592

Key Executives for Ghana National Petroleum Corporation

Chief Executive Officer and Director
Director of Finance
Director of Operations
Head of Corporate Affairs
Chief Procurement Officer
Compensation as of Fiscal Year 2016.

Ghana National Petroleum Corporation Key Developments

Swiss African Oil Company and PET Volta Investments Gain New Exploration and Production License for Keta Delta Block

Swiss African Oil Company (a subsidiary of Swiss African Petroleum AG) and PET Volta Investments have been awarded a new exploration and production license for the Keta Delta block, located in the Volta Region of Ghana. The Keta Delta block license was awarded following ratification by the Parliament of the Republic of Ghana of a joint venture between the Government of Ghana, the Ghana National Petroleum Corporation, Swiss African Oil Company Limited and PET Volta Investments Limited. The new block covers an area of 3,000 square kilometers and it is envisaged that the commencement of operations will provide employment and stimulate local development of the region.

Ghana National Petroleum Corporation and Quantum Power Agree Terms for the Construction and Operation of the Tema LNG Import Terminal

Ghana National Petroleum Corporation and Quantum Power announced that they have signed Heads of Terms for the construction and operation of the liquefied natural gas (LNG) storage, regasification and delivery facilities at Tema, Ghana. The Tema LNG Project will have the scalable ultimate capacity to receive, store, regasify and deliver, at steady state, of about 3.40 million tons of LNG per year, equivalent to 500 million standard cubic feet of gas per day utilizing a dedicated floating storage and regasification unit (FSRU) moored off-shore Tema. An associated sub-sea and onshore pipeline will deliver the natural gas to GNPC and its customers onshore. The Tema LNG Project, comprising a capital outlay of over $550 million, will be implemented on a build-own-operate-transfer (BOOT) basis with the assets transferring to GNPC after the Project's 20-year term.

Exxon To Pick Up Bigger Share On Cape Three Point Deepwater Tano

Exxon Mobil Corporation is in talks with Ghana National Petroleum Corporation concerning the final details of its acquisition of a portion of the Cape Three Points Deepwater Tano permit.

Similar Private Companies By Industry

Company Name Region
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ScanFuel AS Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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