Ghana announces oil and gas discovery in country's western coast

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Accra:Ghanaian President John Dramani Mahama on Tuesday announced a new oil and gas discovery off the country s western coast. Mahama said during a...

Accra: Ghanaian President John Dramani Mahama on Tuesday announced a new oil and gas discovery off the country's western coast.

Mahama said during an official visit to the Western Region that the discovery was made in the Deepwater Cape Three Points block in the Tano Basin, following the drilling of the Nya Gyidie-1X exploration well.

"I am pleased to announce that Planet One Oil and Gas Limited, together with its partners, Goil Upstream Limited and the Ghana National Petroleum Corporation, has made a new offshore discovery," the president said in Western Region, during the 2026 Local Content Conference and Exhibition, organized by the Petroleum Commission.

The discovery contained gas and condensate, whose volume is yet to be determined, said the president.

The president described the discovery as evidence of the resilience of Ghana's oil and gas sector.

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