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Senegal To Put 109 Oil And Gas Blocks On Market-Diouf

Senegal plans to offer 109 oil and gas blocks to local and foreign investors, Energy and Petroleum Minister El Hadji Abdourahmane Diouf said, according to Oilprice.com, citing Reuters. Only four of Senegal’s 113 oil and gas blocks have so far been awarded under contracts, Diouf said. “The remaining 109 will be put on the market,” the minister said, according to Reuters. “The president’s plan is to create local leaders in the energy, oil and gas sectors,” Diouf added. Several oil and gas discoveries offshore Senegal over the past decade have helped kick-start the country’s petroleum industry. Senegal launched its first oil project in 2024 and began LNG exports a year later from a gas project developed jointly with Mauritania. The start-up of Senegal’s first oil project in 2024 helped drive economic growth to a record high. Australia-based Woodside Energy achieved first oil from the Sangomar oil project in June 2024. The Sangomar Field Development Phase 1 is a deepwater project that includes a floating production, storage and offloading (FPSO) facility with a nameplate capacity of 100,000 barrels per day (bpd), along with subsea infrastructure designed to support subsequent development phases, Woodside said. “First oil from the Sangomar field marks a new era not only for our country’s industry and economy, but most importantly for our people,” Thierno Ly, general manager of Senegal’s national oil company Petrosen, said at the time. In 2025, BP, the operator of the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal, loaded its first LNG cargo for export. Phase 1 of GTA is expected to produce about 2.3 million metric tons of LNG per year, with the project expected to produce LNG for more than 20 years, BP said.  

Kenya Plans To Nearly Triple Power Generation Capacity In Seven Years

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Kenya plans to increase electricity generation capacity to 10,000 megawatts from about 3,500 MW over the next seven years, President William Ruto said, according to The Star. Ruto said the planned expansion would create opportunities for investors in geothermal energy, power transmission, battery storage, industrial power, green hydrogen and electric mobility. “In the energy sector, we are expanding national generation capacity towards 10,000 MW over the next seven years,” he said. Speaking at the American Chamber of Commerce Business Summit, Ruto said the government could not deliver Kenya’s economic transformation alone and urged the private sector to provide capital, technology and expertise to complement public investment. “Government cannot deliver economic transformation alone. Our responsibility is to provide infrastructure, uphold predictable rules and create an enabling environment,” he said. “The private sector turns those foundations into factories, technologies, exports and jobs.” Ruto said partnerships with businesses were central to Kenya’s development agenda and not merely an optional component of economic transformation. “That is why our partnership with business is not incidental to Kenya’s transformation; it is indispensable,” he said. He urged U.S. and other international companies to view Kenya as more than a domestic market, citing its strategic position within regional and continental trade arrangements. “Do not look at Kenya simply as a market. Look at Kenya as your platform to a continent of 1.4 billion people,” Ruto said. “Produce here. Innovate here. Build your regional headquarters here and serve Africa from here.” Ruto said Kenya had already attracted major investments from U.S. companies, with American firms committing more than $600 million to new projects since the previous AmCham summit. He cited Oracle’s selection of Kenya for its first public cloud region in Africa, Coca-Cola’s $175 million investment and Mars Wrigley’s $103 million production line launched at Athi River. Ruto also said SC Johnson was establishing a new manufacturing plant to serve Kenya and other African markets. He welcomed interest from Ford in exploring investment opportunities in Kenya, linking the potential investment to his administration’s efforts to create jobs and increase local value addition.

Ghana: Petroleum Commission, Kosmos Sign Engineer Secondment Agreement

Ghana’s upstream petroleum regulator, the Petroleum Commission, and Kosmos Energy Ghana on Thursday signed an agreement to facilitate the secondment of some commission engineers to Kosmos Energy’s facility in Houston, Texas. The initiative is part of the commission’s efforts to build a skilled and technically competent workforce capable of regulating and supporting Ghana’s upstream petroleum industry, the commission said in a post on Facebook. The engineers will gain practical experience in international industry practices and specialised technical operations during the secondment, which the commission said would help strengthen its institutional capacity. The chief executive of the Petroleum Commission Victoria Emeafa Hardcastle and Senior Vice President and Head of Ghana Business at Kosmos Energy Joe Mensah said at the signing that the partnership would help build technical capacity and advance Ghana’s petroleum industry. The commission described the programme as an investment in Ghana’s technical capacity and the future of its upstream petroleum sector. The commission also commended Kosmos Energy Ghana for supporting the initiative.

Ghana Signs MoUs With Eni, Vitol For Two Offshore Oil Blocks

Ghana on Thursday signed two memoranda of understanding (MoUs) with Eni Ghana, Vitol Upstream Tano Ltd and the Ghana National Petroleum Corporation (GNPC) covering offshore acreages GH WB 3 and GH WB 8 in the Tano Basin, the energy ministry said in a statement. The MoUs were signed on behalf of the government by Energy and Green Transition Minister John Abdulai Jinapor. Representatives of Eni Ghana, Vitol Upstream Tano Ltd and GNPC also signed the agreements on behalf of their respective institutions. The agreements are part of efforts to unlock Ghana’s remaining hydrocarbon potential and attract fresh investment into the upstream sector, the ministry said. The two blocks cover about 2,100 square kilometres, with water depths ranging from 750 metres to 2,800 metres. The MoUs build on a memorandum of intent signed in 2025 that proposed an investment of $1.5 billion, the ministry said. The government said the latest development forms part of reforms being pursued under President John Dramani Mahama to create a more competitive, predictable and investment-friendly petroleum sector while ensuring the responsible development of the country’s natural resources. The proximity of the two acreages to existing producing fields and petroleum infrastructure is expected to allow investors to leverage Ghana’s established upstream ecosystem as exploration progresses, the ministry said. The government will continue to pursue reforms aimed at attracting investment and accelerating exploration and production while ensuring Ghana secures maximum and sustainable value from its hydrocarbon resources, it said.

Malawi Plunged Into Nationwide Blackout After Power System Shutdown

Malawi was hit by a nationwide power blackout on Wednesday evening after the country’s electricity utility reported a system shutdown, disrupting electricity supplies across the country. The Electricity Supply Corporation of Malawi (ESCOM) said the shutdown occurred at 10:45 p.m. on Wednesday, Sept. 9, and that its technical teams were working to establish the cause. “We have experienced a system shutdown,” ESCOM said in a notice to customers, adding that it would inform the nation once the facts had been established. The utility did not immediately give a timeframe for restoration of electricity or specify what had triggered the shutdown. ESCOM is responsible for procuring, transmitting and distributing electricity in Malawi. The blackout comes as Malawi’s electricity system faces continuing pressure from supply constraints and infrastructure challenges. ESCOM has previously implemented scheduled load-shedding programmes to manage shortages in electricity supply. The disruption threatens to affect households, businesses and public services reliant on the national grid, although the extent of the impact was not immediately clear. ESCOM urged customers to await further information while its technical teams investigated the incident.

Trump Says Oil Prices May Fall After U.S. Midterm Elections

U.S. President Donald Trump told Americans on Wednesday that oil prices, which have surged because of the war with Iran, would not come down until after the U.S. midterm elections. Oil prices jumped more than 3% on Wednesday, pushing international benchmark Brent crude above $100 a barrel for the first time since July as exchanges of fire between the United States and Iran escalated. “Right after the election, oil prices are going to be tumbling downward,” Trump said, according to the Associated Press. “I think it’s going to take a little bit longer than the midterm,” he added. Speaking to reporters before traveling to Dallas for the Republican midterm convention, Trump said he believed Iran would finally relent after the pivotal U.S. elections. “They’re desperate to try and affect the election, so that we can get a nice weak group of people in there and leave them alone and let them have their nuclear weapon,” Trump said. “I think the war’s going to end immediately after the election because they can’t hold out any longer,” he added. Trump initially said at the outset of the war that it would last only a matter of weeks. The conflict is now in its seventh month. The U.S.-Israeli war with Iran has sharply reduced the volume of Gulf oil moving through the Strait of Hormuz, through which about 20% of the world’s petroleum passed before the conflict. Trump’s comments were a striking acknowledgment of the conflict’s duration as his administration faces mounting pressure to address high gasoline prices while the war drags on with no end in sight. Trump last week dismissed the conflict as “small potatoes”, even as Republicans expressed concern that the war could weigh heavily on voters facing higher gasoline prices and inflation. The United States has tapped its Strategic Petroleum Reserve, which fell below 300 million barrels in early August, down more than 100 million barrels since the start of 2026. Trump’s prediction that the war would not end until after Nov. 3 came after Vice President JD Vance last week declined to predict that the conflict would be over by the midterm elections, in which Republicans are seeking to retain their narrow majorities in Congress. Vance told reporters he did not want to set “artificial timelines” for the war’s end. “But when you ask, ‘When will this end?’ You’re asking me a question like, ‘When will the Iranians stop shooting at ships?’” Vance said. “I think the reality is, I don’t know the answer to that question. You would have to ask the Iranians.” U.S. benchmark crude was trading at around $96 a barrel on Wednesday, while U.S. gasoline prices rose sharply overnight. The average price for a gallon of regular gasoline rose 7 cents overnight to $4.22, more than $1 above its level at the same time last year, according to AAA. Diesel prices, which can have an outsized impact on consumers because the fuel is widely used in shipping and production, hit a record high on Friday and have continued to rise. The average price per gallon climbed to $5.94 overnight, up 9 cents from Friday. Jet fuel has also become so expensive that U.S. and international airlines have cut flights while raising fares and fees. The latest market gyrations came after the U.S. military said it had struck five Iranian tankers in response to attempted missile attacks on a U.S. Navy warship, while attacks by the Iranian-backed Houthi rebel group set fire to oil facilities in Saudi Arabia.  

Angola Oil Sector Investment Reaches $99 Billion Over Nine Years

Investment in Angola’s oil sector over the past nine years has amounted to approximately $99 billion, Minister of State for Economic Coordination José de Lima Massano said on Wednesday in Luanda, according to state news agency ANGOP. Speaking at the opening of the 7th Angola Oil & Gas (AOG 2026) International Conference and Exhibition, Massano said 38 exploration wells had been drilled during the period, resulting in 16 discoveries. He also said 72 new concessions had been negotiated, of which 44 had been signed, while the remaining 28 were awaiting approval. Massano said Angola remained committed to developing its oil and gas sector in a responsible, competitive and sustainable manner. He called for greater domestic value to be created from the country’s natural resources to boost economic activity, employment and skills development. Massano outlined reforms and initiatives aimed at creating better conditions for the development of the oil and gas industry. He also acknowledged the challenges posed by climate change and the need for a just energy transition, pointing to a gradual, balanced and inclusive approach that reconciles decarbonisation objectives with Angola’s economic and social development. “We will continue to produce hydrocarbons, but we will do so in an increasingly responsible, efficient and sustainable manner, through the use of efficient technologies and the consolidation of a diversified energy mix, combining hydrocarbons and natural gas with hydroelectric, solar, wind and biomass energy,” he said. Massano highlighted the continued expansion of exploration through the discovery of new resources, reserve replenishment and measures to sustain production over the long term. On gas production, he said reforms had delivered significant progress, with the sector becoming increasingly important as Angola focuses on exploring non-associated gas fields and developing large-scale projects. He encouraged greater investment in local content to enable more Angolan companies to supply goods and services to the oil industry and increase the participation of qualified Angolan professionals across the value chain. Massano reaffirmed the government’s commitment to contractual stability, legal certainty, predictability and a competitive business environment. Addressing investors, he called for investment across Angola’s oil and gas value chain, as well as in other sectors of the economy with growth potential. The two-day conference, held under the theme “Investing in Angola’s Future”, brings together specialists and companies to discuss oil and gas exploration and production, energy transition and sustainability.

African Banks Urged To Mobilise Funds For Energy Sector

African banks have been challenged to mobilise resources to support the continent’s energy sector. Secretary-General of the African Petroleum Producers’ Organisation (APPO) Farid Ghezali issued the call on Wednesday via videoconference during the 7th Angola Oil & Gas International Conference and Exhibition (AOG 2026). Ghezali said many viable African energy projects continue to face difficulties due to a lack of financial support. He said Africa must strengthen its financial capacity, with banks playing a central role. He also called for the continent’s energy potential to be turned into economic value through investment in infrastructure, refining and gas development, as well as stronger local industries capable of creating value chains, jobs and public revenue. “The success of our energy sector cannot be measured solely by the number of barrels produced or exported. It must also be measured by the electricity generated, the jobs created and the value returned to our economies,” Ghezali said, according to Angola’s state news agency ANGOP. He described AOG 2026 as a commitment to creating greater and more lasting value from the continent’s energy resources, reflecting Africa’s ambition to make energy a driver of industrial development and shared prosperity. Ghezali said Angola’s vision for the sector was aligned with the broader continental ambition, based on the principle that natural resources should support not only production and exports, but also industry, technology, entrepreneurship and regional integration. The two-day AOG 2026 brings together specialists and companies from the oil and gas sector to discuss issues including exploration and production, energy transition and sustainability.  

ExxonMobil And ANPG Record Their 20th Discovery In Angola’s Block 15.

Angola’s National Oil, Gas and Biofuels Agency (ANPG), ExxonMobil and its Block 15 partners on Wednesday confirmed a new oil discovery at the Vicango Este-01 well, marking the deepwater block’s 20th discovery since production began, according to Oilprice.com, citing CNBC. The well, located about 370 km (230 miles) northwest of Luanda, was drilled to a depth of 940 metres (3,084 feet) and encountered 25 metres of high-quality, hydrocarbon-bearing sandstone. Block 15 has produced more than 2.7 billion barrels of oil over 30 years. ExxonMobil Angola Chief Executive Brian Unietis described Block 15 as “one of Angola’s most significant deepwater developments” and said the new discoveries would increase the value of existing infrastructure, according to a joint statement. The discovery comes three weeks after Chevron reported a find at its 105-4X well in neighbouring Block 0, where the company encountered more than 2,000 feet of hydrocarbons and 300 feet of net pay in the Pinda reservoir of the Lower Congo Basin. Chevron is considering tying the discovery into existing Block 0 facilities rather than developing a standalone project. The company has also made three near-field discoveries in Nigeria since late 2024 and plans to drill the Nabba-1X well in Namibia before the end of the year. Angola’s state oil producer Sonangol, which holds stakes in several of the country’s offshore blocks, has faced financial pressures. In June, it borrowed $2.65 billion from a bank syndicate to cover operating costs, in addition to a $1.75 billion facility from Afreximbank and a $750 million bond issued earlier this year. Sonangol is seeking an additional $4.8 billion to finance its Lobito refinery and has scheduled a partial stock listing for 2027. Angola is the second-largest crude oil producer in sub-Saharan Africa after Nigeria. Its oil output has stabilised at around 1.1 million barrels per day, down from a peak of more than 2 million bpd in 2008. New fiscal terms and exploration incentives introduced by Luanda are encouraging renewed drilling in both mature and untested acreage, with the Vicango Este-01 discovery among the latest results.  

Gambia: President Barrow Vows To Improve Power Supply By End Of October After Banjul Protest

Gambia President Adama Barrow on Tuesday pledged to address widespread electricity shortages affecting households and businesses, saying power supply would improve by the end of October. The pledge came amid growing public anger over persistent outages that have disrupted daily life and economic activity across the country, prompting street protests in the capital Banjul on Monday night. Protesters carried candles through parts of Banjul and chanted for the restoration of electricity, according to local reports. The demonstrations prompted Barrow to visit the National Water and Electricity Company (NAWEC) on Tuesday. Addressing the nation from State House on Tuesday evening, Barrow said the government was taking steps to increase domestic generation capacity, including the installation of an additional 24 megawatts at the Brikama Power Station and plans for a 50-megawatt solar power plant in Soma. “I must admit, however, the shortcomings in our planning, power generation, and maintenance systems to take corrective measures,” Barrow said. The president acknowledged the hardship caused by the outages, saying families were enduring extreme heat, children were studying in darkness and households were losing food because of inadequate refrigeration. “I am aware of your discomfort and frustrations wherever you may be,” he said. Barrow attributed part of the electricity crisis to wider regional power shortages, saying countries connected through the West African Power Pool were experiencing similar challenges. He cited record electricity demand, failures at major generating units and seasonal conditions affecting hydropower production through the Organisation for the Development of the Gambia River (OMVG). The president also acknowledged that domestic weaknesses had contributed to the situation. An additional 24-MW generation unit at the Brikama Power Station is in the final stages of installation and is expected to be commissioned by the end of October, Barrow said. He also said a contract had been awarded for a 50-MW solar power plant in Soma and that the contractor was mobilising resources to begin construction. Solar generation would help meet daytime demand while allowing conventional generators to be reserved for higher evening demand, he said. Barrow also announced the establishment of a Presidential Task Force on Electricity Supply, chaired by Vice President Muhammed B.S. Jallow. The task force will report directly to the president and provide public updates on the electricity situation every two weeks, he said. Barrow defended his administration’s record on expanding electricity access, saying it had risen from 36% of the population in 2017 to about 90% currently. He said the expansion had brought electricity to communities that previously had no access, but acknowledged that the government now needed to ensure sufficient and reliable generation to meet rising demand. “What we have achieved in increasing access to electricity is what we are determined to do for power generation,” Barrow said. The president also appealed for restraint following the protests and warned against damage to transformers, power lines and other electricity infrastructure. “You have the right to express your views honestly, but let us not, in our frustration, tear down what we built with our own hands through public funds,” Barrow said. Damage to electricity infrastructure would further disrupt supplies and divert government resources towards repairs and replacement, he said. Barrow stopped short of promising an immediate end to the outages but set a timeline for improvement. “I will not promise you what the Government cannot deliver, but we commit that the electricity supply situation in the country will improve by the end of October 2026,” he said. He urged Gambians to remain patient and exercise restraint as engineers and government officials work to stabilise the electricity system.

African Energy Future Depends On Competitive Local Operators, Says Ashgrove CEO

Africa must build strong and competitive indigenous energy companies to accelerate economic development and compete in global markets, Mahmud Tukur, group chief executive of Ashgrove, said. Speaking during a panel discussion at Africa Oil Week titled “The Future of the African Operator: Building the IOCs of Tomorrow”, Tukur said continued reliance on foreign capital and expertise would not deliver long-term value for the continent. Governments, investors and industry should instead support local companies with the governance, technical expertise and financing needed to undertake complex upstream projects, he said. “The continent can only compete internationally by deliberately building strong indigenous operators that can grow into internationally competitive companies,” Tukur said. He said African energy companies would need to be innovative, digitally enabled, well financed and well governed to meet international performance standards and compete for larger projects. Tukur also highlighted human capital development, including leadership development, skills training and greater participation by women, as important to building companies capable of delivering large-scale projects and retaining more value within Africa. He said the development of stronger indigenous operators was part of a broader goal of increasing Africa’s energy sovereignty by building companies capable of attracting investment, supporting industrialisation and retaining more economic benefits on the continent. Stronger balance sheets and corporate governance could also enable African companies to secure a larger share of upstream and midstream contracts, potentially changing deal structures and the allocation of project risks, Tukur said. He said investment in skills and greater diversity, particularly increased participation by women, would be essential to improving the competitiveness of African operators and their ability to deliver projects. Technology and digitalisation would also be important competitive differentiators for emerging African operators, he said, citing the adoption of digital tools and innovative business models. Tukur called for effective policies, clearer local-content frameworks, capacity-building programmes and strategic public-private partnerships across the energy value chain to accelerate the development of homegrown international oil companies (IOCs).  

Ghana Urges Greater African Control Of Oil Resources At Africa Oil Week

Ghana’s Energy and Green Transition Minister John Abdulai Jinapor has urged global oil and gas investors to support greater African ownership, local capacity and stable policy frameworks, saying the continent needs to capture more value from its hydrocarbon resources as the energy transition gathers pace. Jinapor told delegates on the second day of Africa Oil Week in Accra that Africa should not remain a passive supplier of raw materials while decision-making, technology and profits are transferred overseas. He called for partnerships that strengthen domestic institutions and expand the role of African companies in exploration, production and oilfield services. “The future of our energy sector must be shaped by Africans, for Africans, with room for global capital and expertise,” Jinapor said. Ghana is seeking to position itself as an investment destination and regional energy hub, he said. Jinapor urged governments to create predictable regulatory frameworks to attract long-term investment while protecting national interests. He highlighted the need for stronger local-content policies, skills development and infrastructure, saying African energy companies needed to meet international standards to compete globally. Speaking amid debate over how to balance hydrocarbon development with efforts to cut emissions, Jinapor described the energy transition as an opportunity rather than a constraint. A managed transition could generate jobs, government revenues and industrial growth without forcing countries to choose between economic development and sustainability, he said. Delegates at the conference continued discussions on upstream investment, regional cooperation and the role of African independent producers in a changing energy market. Jinapor said Ghana would continue working with private investors and regional partners to develop opportunities while seeking to ensure that its natural resources contribute to broader economic growth.

Kenya Power To Invest KSh765 Million In Two Substations In Kwale, Kilifi Counties

Kenya Power plans to invest about 765 million Kenyan shillings (approximately $5.9 million) to build two substations in Kwale and Kilifi counties as it seeks to improve the reliability and quality of electricity supply in the coastal region, the utility said. The company is nearing completion of the Bomani 132/33 kV substation in Kilifi County, which is being built at a cost of 455 million shillings. The substation will serve growing electricity demand from existing and new customers in Kikambala, Vipingo, Kanamai and Mtwapa, Kenya Power said in a statement. The areas have experienced increased industrial and commercial activity as large companies and small and medium-sized enterprises expand from nearby Mombasa, the utility said. Customers in the areas are currently supplied by the Kilifi and Bamburi 132/33 kV substations, whose capacity is coming under pressure as demand increases, it said. Kenya Power is also nearing completion of a 33/11 kV substation in Kwale County at a cost of 310 million shillings. The substation will have four feeders serving the Kwale county headquarters and surrounding areas, including Kinango, Tiwi and Kombani. The Kwale substation will reduce pressure on the Diani substation, which currently supplies the areas, and provide alternative supply points for customers, the company said. “Network reliability and customer service excellence are one of our key focus areas as we undertake our role to provide electricity for economic growth,” Kenya Power Managing Director and Chief Executive Officer Dr. Joseph Siror said. “We are committed to ensuring that these projects are completed within the set timelines and budget, to provide value to our customers,” he said. Siror said Kenya Power was undertaking similar projects elsewhere in the country, including network reinforcement projects aimed at improving grid resilience. The company is also incorporating technology into its network development plans as it seeks to build a smarter grid and improve customer service, he said. During the financial year ended June 2026, Kenya Power connected 411,710 new customers to the electricity grid, taking its total customer base to 10.4 million, the company said. The increase in customer connections contributed to a 161.7 gigawatt-hour (GWh) rise in electricity sales during the year, it added.

GNPC Outlines Investment, Exploration And Commercial Priorities At Africa Oil Week

Ghana must continue to improve its competitiveness to attract the capital needed to sustain production from existing oil fields, develop discovered resources and advance new exploration opportunities, the chief executive officer of the Ghana National Petroleum Corporation (GNPC), Kwame Ntow Amoah, has said. Speaking at Africa Oil Week, held at the Kempinski Hotel Gold Coast City in Accra from Sept. 1 to 3, Ntow Amoah said Ghana needed to compete for investment by providing predictability, competitive project economics, timely decision-making and partnerships that deliver value to both investors and the country. “Ghana must compete for capital through predictability, competitive project economics, timely decision-making, and partnerships in which both investors and the country derive fair value,” he said. Amoah also highlighted ongoing frontier exploration in the Voltaian Basin as part of efforts to expand Ghana’s long-term petroleum resource base. His comments came as the government outlined measures aimed at improving the country’s upstream investment environment and encouraging further exploration activity. GNPC Deputy Chief Executive for Exploration and Production Michael Aryeetey also participated in Ghana Day discussions on new investment opportunities in the upstream sector. He moderated a panel involving GNPC Explorco, the Petroleum Commission and industry operators. The discussion focused on conditions needed to attract exploration capital and move projects towards development, including access to geological data, regulatory efficiency, project economics, commercially aligned partnerships and a competitive investment environment. A key development at the conference was the signing of a memorandum of understanding involving the Government of Ghana, GNPC, Shell Overseas Holdings Limited and Chevron Sub-Saharan Africa Ventures Ltd. concerning petroleum exploration and production rights over the South Deepwater Tano Block. The conference also provided an opportunity for GNPC to outline its commercial priorities. GNPC Deputy Chief Executive for Finance, Commercial and Administration Hamis Ussif said discussions about certainty for upstream investors should also recognise the corporation’s role as an investor. “Even as a national oil company, let us not forget that in one breath we are an investor and we require certainty as well,” he said. Ussif said GNPC’s ability to access capital and plan around predictable revenues would become increasingly important as the corporation assumes greater investment and commercial responsibilities. Managing Director of GNPC Explorco Samuel Opoku Arthur said the subsidiary was seeking to build an exploration and production portfolio through direct investment and partnerships. He said Explorco was taking on commercial risk by committing equity, funding its share of work programmes and investing alongside partners, which he said would align the interests of the parties around project delivery. GNPC also engaged investors, operators and other industry stakeholders at its exhibition booth during the conference, where it presented opportunities in Ghana’s upstream sector and outlined its operations and strategic priorities.