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TotalEnergies Marketing Ghana PLC, formerly known as Mobil Oil Ghana Limited is a Ghanaian petroleum company. They are listed on the stock index of the Ghana Stock Exchange, the GSE All-Share Index. As of October 30, 2006 it operated 225 petrol stations across Ghana with a significant 28% of the market.
Ghana's increasing oil exports as a percentage of all exports. Ghana has 5 billion barrels (790 × 10 ^ 6 m 3) to 7 billion barrels (1.1 × 10 ^ 9 m 3) of petroleum in reserves. A large oilfield which contains up to 3 billion barrels (480 × 10 ^ 6 m 3) of sweet crude oil was discovered in 2007. [62]
GOIL PLC formerly known as GOIL Company Limited (GOIL) and Ghana Oil Company and also known as GOIL, is a state-owned Ghanaian oil and gas marketing company, formed on 14 June 1960. [3] Currently it holds the place of Ghana's top oil marketing company, and is the only indigenous owned petroleum marketing company in Ghana .
Ghana, the world's second biggest cocoa producer, became an oil producer in 2010. Output is currently around 132,000 bpd of crude oil and about 325 million standard cubic feet per day of natural gas.
Forecasts showed that the TEN Oil Field will produce about 300 million barrels over a 20-year period, 80% of which will be oil and 20% gas. The field will produce 80,000 barrels of oil and 180 million standard cubic foot of gas per day when it reaches full production. [5] The entire project is expected to cost US$4.8 billion. [4]
The discovery was announced in April 2011 by Hess Corporation, a New York based oil company. [9] In June 2011, the corporation lifted 135,675 metric tonnes of Jubilee crude oil from the FPSO Kwame Nkrumah. This represented crude oil on behalf of the Ghana Group, comprising the Government of Ghana (GoG) and GNPC.
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