Mahama Announces Major Offshore Oil and Gas Discovery in Ghana

Story by: Regina Bless

President John Dramani Mahama has announced a major offshore oil and gas discovery at the Nya Gyidie 9-1X well in Ghana’s Deepwater Cape Three Points area, describing the development as a significant breakthrough for the country’s petroleum industry.

The President made the announcement while addressing the 2026 Local Content Conference in Takoradi, where he highlighted the potential of the discovery to create new opportunities for Ghana’s oil and gas sector.

The discovery was made by Planet One Oil and Gas Ltd. in partnership with GOIL Upstream Ltd. and the Ghana National Petroleum Corporation (GNPC).

According to President Mahama, the find could open up new opportunities for further exploration, attract additional investment into the petroleum sector and create employment opportunities for Ghanaians.

He noted that the discovery could also contribute to strengthening Ghana’s position in the global oil and gas industry while supporting the development of local expertise and participation in the sector.

The announcement comes at a time when Ghana continues to pursue opportunities to expand its petroleum industry and deepen local content participation in the exploration and production value chain.