GNPC’S EXPLORCO SET TO DRILL FIRST VOLTAIAN BASIN WELL IN 2026
Ghana is intensifying its push to revive the upstream petroleum sector, as the exploration arm of the Ghana National Petroleum Corporation (GNPC), EXPLORCO, prepares to drill its first exploration well in the Voltaian Basin in early 2026. (Source: GOSCO) This development was revealed at the "Invest in African Energies: Accra Investor Briefing" on April 14, an event that highlighted new investment prospects in Ghana’s oil and gas sector ahead of this year’s African Energy Week. Addressing stakeholders at the event, Michael Aryeetey, Managing Director of EXPLORCO, highlighted the historic significance of the Voltaian Basin initiative, saying, “We will go ahead with the Voltaian project because it is a key project for the country. This is historical because no exploration well has been drilled there since 1974.” He noted that EXPLORCO is actively seeking partnerships to develop this underexplored frontier, adding, “Because there is so much to do in the basin, the strategy is to ...