Ghana
Enhancing the Performance of African National Oil Companies
Countries endowed with oil and gas hope these resources will lift their economies. This study puts a question to African governments: are investments made by the National Oil Companies creating value for the country? This vital question should be asked regularly, and this study offers a methodology for answering it.
Africa’s New Oil and Gas Producers Must Prepare for More Disappointment in the Post Coronavirus Era
The crash in oil and gas prices, triggered by the coronavirus pandemic and the slump in economic activity, has dealt a blow to the plans and public finances of major oil and gas producing countries. But a group of countries in sub-Saharan Africa once designated as “prospective producers” are facing a different challenge.
Annual Meeting 2018
The meeting was held in Accra and brought together officials from the member countries of the NPG for focused discussions over two days, followed by a National Seminar for Ghana. Discussions focused on the short- to long-term context for investment in oil and gas, highlighting the impact of capital availability, competing jurisdictions in licensing and the energy transition. The government-only sessions debated tools for improved oversight of the sector. This event was hosted by the Petroleum Commission, GNPC and the Ministry of Energy.”
Annual Meeting 2018 summary
Discussions focused on the short-to-long-term context for investment in oil and gas, highlighting the impact of capital availability, competing jurisdictions in licensing and the energy transition. The government-only sessions debated tools for improved oversight of the sector.
National Seminar for Ghana Summary
In December 2018, the New Producers Group held a brainstorming session in Accra, convening Ghanaian government agencies and non-governmental stakeholders, the Ghana National Petroleum Corporation (GNPC), oil companies, and officials from emerging producer countries with onshore projects. The aim of the national seminar was to anticipate how possible successes in exploration onshore in Ghana could affect the operating environment for GNPC.
Left Stranded? Extractives-Led Growth in a Carbon Constrained World
This paper challenges the assumption that extractives will be the primary driver of economic development in extractives-rich low-income countries.
How Did Africa’s Prospective Petroleum Producers Fall Victim to the Resource Curse
This paper reviews resource sector developments in 12 countries in Sub-Saharan Africa that made their first (major) petroleum discoveries during the most recent commodity boom. The analysis, which goes back to 2001, looks at sector forecasts of international organizations, governments, and companies and compares them with the results that emerged.
The Cost of an Emerging National Oil Company
Emerging NOCs need to adjust their plans and ambitions to the new realities of price and competition for investment, writes Valérie Marcel.Emerging NOCs need to adjust their plans and ambitions to the new realities of price and competition for investment, writes Valérie Marcel.
Institutional Design in Low-Capacity Oil Hotspots:
This paper focuses on low-capacity countries that are increasingly being courted by investors seeking access to petroleum resources. The key question that emerges in all cases is how to organize and manage the petroleum sector in order to maximize the public benefit derived from oil and gas resources. In particular, what role should national oil companies and other governing bodies have?