The oil and gas industry having gone through a global slump during the Covid-19 pandemic is now on the path of a steady recovery.

The Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), Opoku-Ahweneeh Danquah, said in the context of the current shift towards a cleaner energy transition, the company will expedite the responsible and sustainable exploration of Ghana’s oil and gas resources to meet growing demand.

“This puts the VBP [Volta Basin Project] at the forefront of our priorities as management with our skilled and adaptable workforce channel all efforts to ensure our goal of spudding a well in the most sustainable and environmentally efficient manner comes to fruition,” he said.

GNPC is currently exploring the prospects of hydrocarbons in Ghana’s onshore sedimentary basin (VBP) under a Reconnaissance license deploying a mix of geophysical, geological and geochemical techniques with expectations to drill a well early next year.

According to him, GNPC is currently exploring the prospects of hydrocarbons in Ghana’s onshore sedimentary basin (VBP) under a Reconnaissance license, deploying a mix of geophysical, geological and geochemical techniques with expectations to drill a well early next year.

The tour of the VBP, according to Mr Danquah, will afford him the opportunity to update himself on the progress of work being undertaken.