oil-gas
May 16, 2025
Energy Capital Power
Upstream oil company Kosmos Energy has pledged a $2 billion investment in upstream operations in Ghana.
Announced by John Abdulai Jinapor, Minister of Energy and Green Transition for Ghana, the funding is expected to be allocated to expanding exploration, improving infrastructure and driving technology development to boost efficiency in the country’s upstream sector.
“This investment marks a turning point for Ghana’s energy landscape,” Minister Jinapor stated, adding, “We’re building an environment where energy companies can thrive while strengthening regional energy security.”
The investment aligns with Ghana’s recent market-friendly reforms and the government’s emphasis on leveraging the energy sector to stimulate economic growth.
Kosmos Energy is a key player in the Jubilee Field and TEN fields, offshore Ghana, where the company produced approximately 83,500 barrels of oil per day in Q1 2025.
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