ARCHIVE - An oil platform located at the Leviathan offshore gas field in Israel, September 20, 2024 -

Last updated: 49 minutes ago

John Dramani Mahama

Ghana has reached a new milestone in its energy sector. The country has announced the discovery of hydrocarbons off its coast, in a type of reservoir never before successfully identified within its territory.

The discovery was made in the Deepwater Cape Three Points offshore block, located approximately 148 kilometers off the Ghanaian coast. The Nya Gyidie-1X exploration well revealed the presence of hydrocarbons in a carbonate geological formation—a first for the country.

According to President John Dramani Mahama, this breakthrough opens up new prospects for oil and gas exploration in Ghana. Until now, the country’s commercial discoveries had primarily been found in sandstone reservoirs.

Located in waters more than 2,200 metres deep, the well has not yet yielded information on the type or size of the resource. Further analysis is underway to gauge the full extent of the potential.

Ghanaian authorities hope that this development will attract new investment and bolster national energy production. The government is particularly focused on revitalising offshore exploration and replenishing its hydrocarbon reserves.

Ghana announces first-ever hydrocarbon discovery in carbonate reserve

Sugerido para si

Mais notícias

Live Stream: 2027 Budget presentation by Finance Minister Cassiel Ato Forson

Mahama assures Ghanaians old cedi notes remain valid alongside new Heritage Series

2027 Budget: Admit that 24-hr economy has failed - Amin Adam tells Finance Minister

2027 Budget: NDC govt has managed the economy better than the NPP - Kwakye Ofosu

Sokoto approves ₦6.12bn for nine UBEC model schools

2027 Budget: &#39;New Economy&#39; is not business as usual; it creates jobs for the youth - Kwakye Ofosu

Discussão

2027 Budget: 'New Economy' is not business as usual; it creates jobs for the youth - Kwakye Ofosu