Global energy giant Chevron has expressed interest in Ghana’s upstream petroleum sector, while Kosmos Energy has committed to expanding its investments to support industry growth, according to Energy and Green Transition Minister John Abdulai Jinapor.

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The announcement comes at a crucial time as Ghana seeks to revive its oil and gas sector, which has faced a decline in recent years.

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In a Facebook post on Thursday, March 27, the minister underscored the significance of attracting foreign investment to sustain the sector’s expansion. He reaffirmed the government’s dedication to creating a business-friendly environment to encourage more investment in oil production.

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"We must take all necessary measures to reverse the downward trend in Ghana’s oil sector," Jinapor stated.

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With Chevron’s interest and Kosmos Energy’s renewed commitment, stakeholders are hopeful that the industry will regain momentum, contributing to economic growth and energy security.

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