The decline is due to production decreases on all three producing fields of Jubilee, TEN, and SGN Fields, which respectively declined by 12 per cent, 17.5 per cent and 12.9 per cent.
Ghana’s crude oil production continues to take a downward trajectory as the semi-annual oil production decreases by 13.2 per cent. A total of 22.5 million barrels (bbls) of crude oil was produced in the first half of 2023 compared to the production volume of 25.9 million barrels within the same…
Ghana records 82 4% petroleum revenue increase modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Ghana recorded a total petroleum revenue of US$1.43 billion in 2022, representing an 82.4 per cent increase of US$783.3 million achieved in 2021. The 2022 revenue figure, the highest for a single year since the inception of petroleum production, was realised from Carried Participating Interest (CAPI), which amounted to $733.8…