Exxon Mobil Begins Oil Exploration in Ghana  

Exxon Mobil

Accra, January 11, 2018//-Exxon Mobil, the world’s largest oil and gas company is lacing its boots to enter Ghana’s oil and gas industry, next week.

To this end, the company is expected to sign a petroleum agreement with the Ghanaian government and the Ghana National Petroleum Corporation (GNPC) next week to exploit petroleum resources in the offshore deepwater cape three points.

 

The Chief Executive Officer of the Ghana Investments Promotion Centre (GIPC), Yofi Grant who disclosed this said the company would bring its experience to bear on the country’s budding industry.

 

According to him, the company’s participation in Ghana would open up more job opportunities for Ghanaians in the oil and gas sector.

In 2015, Exxon Mobil signed a Memorandum of Understanding with Ghana to assess its Deep-water Cape Three Point (DCTP) region.

This region is a hundred miles off the coast with water depth ranging between 2,000 and 4,000 metres – according to a press release from the Ministry of Energy.

African Eye Report

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