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Ghana National Petroleum Corporation

Company Summary

Description

The State-run national oil company of Ghana

Website

http://www.gnpcghana.com/SitePages/GNPC_Portal.asp...

Recent news

  • 10/14/2021 - Occidental Divests Ghana... (subscriber access)
  • 6/4/2021 - Exxon Releases 80% Stake... (subscriber access)
  • 6/1/2021 - Exxon Backs Out of... (subscriber access)
  • 1/18/2018 - ExxonMobil Acquires... (subscriber access)
  • 5/24/2017 - Hoegh LNG Partners... (subscriber access)

Company Transactions

Date: 10/15/2021
Type: Acquisition

BUYERS:
  • Ghana National Petroleum Corporation
    • SELLERS:
  • Occidental Petroleum Corporation
    • DETAILS:

    COST: 220 $MM

    VOLUMES: 4 MBOE/d

    NOTES:
    Occidental Petroleum announced that they have sold off their stake in two Ghana offshore fields for $750 million, including a $550 million sale to Kosmos Energy and a $220 million deal with Ghana National Petroleum Corporation.
    REGIONS:
  • West Africa