GHANA AND KOSMOS ENERGY SET TO SIGN MoU FOR OIL EXPLORATION COLLABORATION
The Minister of Energy and Green Transition, John Abdulai Jinapor, announced that Ghana and Kosmos Energy are preparing to sign a memorandum of understanding (MoU) to facilitate oil exploration and production, with the company committing a $2 billion investment in the nation’s upstream sector. While he did not reveal specific details, the minister expressed optimism about the promising outlook of Ghana’s oil and gas industry. Mr. Jinapor delivered a keynote address last Tuesday before a panel discussion at the Africa Energy Forum, a technical session of the Offshore Technology Conference held in Houston, Texas, USA. It is on the theme: "Africa's energy investment drive amid global transition to green minerals and clean energy." The event brought together key stakeholders to examine the landscape of Africa’s oil and gas industry, explore funding opportunities, assess investment prospects, and discuss emerging challenges within the sector. Energy Security Mr. Jinapor empha...