GHANA ANNOUNCES FIRST OIL AND GAS DISCOVERY IN CARBONATE ROCK FORMATION
Ghana has recorded its first hydrocarbon discovery in a carbonate reservoir, raising hopes of expanding the country's exploration opportunities and attracting fresh investment into its energy sector.
Western Region, Ghana — Ghana has recorded its first hydrocarbon discovery in a carbonate reservoir, raising hopes of expanding the country's exploration opportunities and attracting fresh investment into its energy sector.
President John Dramani Mahama announced the discovery during a conference in Ghana's Western Region, describing it as an important development in the country's offshore exploration activities.
The discovery was made in the Deepwater Cape Three Points block, offshore Ghana. It marks the country's first successful test of a Cenomanian-Turonian carbonate formation as a primary exploration target.
According to the President, the finding introduces a new geological opportunity for Ghana beyond the sandstone formations that have traditionally been associated with its oil and gas resources.
Energy Minister John Jinapor also described the discovery as a major achievement, saying it could support efforts to revive the country's upstream petroleum industry and encourage greater investment.
The development is expected to broaden Ghana's understanding of its offshore resources and create new opportunities for future hydrocarbon exploration.
