• Energy

    OBG’s energy analysis looks at all aspects of the industry, including exploration and production, domestic usage and exports plus relationships between the government and IOCs. Where applicable, renewable energy, electricity demand, production, power station construction and local potential for nuclear power are analysed.
Displaying 49 - 54 of 2610

 

With recent years seeing major expansion in both generation capacity and grid connectivity, Ghana is now close to achieving a UN Sustainable Development Goal: universal access to electricity. Additionally, it has good solar and wind resources, which can be harnessed to shift the energy mix towards more renewable energy. The country is also...

 

Which factors contribute to Ghana’s attractiveness for investment in oil and gas, and how have global developments impacted this space?

 

International oil and gas prices dropped dramatically in early 2020 when countries around the world, including Ghana, enacted measures to curb the spread of Covid-19. While reduced activity saw demand for fuel drop, this was not the case for all industries. “Contrary to consumer patterns during the pandemic, essential industries such as...

 

Oil and gas exploration in Ghana has come a long way since the West Africa Oil and Fuel Company dug the country’s first documented discovery well, WAOFCO-2, in the Takanita concession in 1896. Located onshore in the Tano River Basin in western Ghana, the well was approximately 35 metres deep and produced 5 barrels per day (bpd).

Chapter | Mining from The Report: Ghana 2022

Mining is a key component of Ghana’s national economy; the country is Africa’s largest gold producer. The Covid-19 pandemic highlighted the mineral’s prominent role, as gold is seen as a safe investment during uncertain times. While the mining sector faces challenges in terms of modernising practices, diversification efforts are forging ahead. Industrial minerals including bauxite and...

Chapter | Energy & Utilities from The Report: Ghana 2022

International oil and gas prices dropped dramatically in early 2020 when countries around the world, including Ghana, enacted measures to curb the spread of Covid-19. Rising oil prices continued into early 2022, engendered in part by geopolitical tensions involving some of the world’s largest producers. The turbulent context poses challenges for Ghana’s hydrocarbons sector, which is still in...

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