Ghana Is Set To Award Nine New Upstream Oil Blocks For Commercial Exploitation

ACCRA, May 17 (Reuters) – Ghana is set to award award nine new upstream oil blocks for commercial exploration off its western coast beginning this year – the energy ministry said on Thursday.

The West African country plans to award six of the nine blocks this year while the remaining three will be given out next year through a mix of open competitive tender and direct negotiations, the ministry said in a emailed statement to
Reuters.
(Reporting by Kwasi Kpodo Editing by Andrew Heavens)