11
Aug
The Ghana National Petroleum Corporation’s (GNPC) capital expenditure of US$1.4billion for the 2023 operational year has been approved by parliament. The approval paves the way for the Corporation to accomplish its earmarked projects, deemed critical in sustaining activities along the petroleum upstream industry. The funds are expected to allow GNPC, together with its partners, to perform development and production activities across the Greater Jubilee field; Tweneboa, Enyenra, Ntomme (TEN) fields; and Sankofa Gye Nyame (SGN) fields. GNPC is also expected to further continue exploration activities in the Voltaian Basin, and continue decommissioning the Saltpond Field alongside its midstream and capital…