Ghana ready for oil block auctions

Ghana

ACCRA, September 28, 2018 – Ghanaian Deputy Minister for Power William Aidoo has said the country is set to formally announce its first bid round in October, local media reported Thursday.

He added that the licensing bid evaluation and negotiations committee had been inaugurated, Ghana Web reported.

Ghana announced in April plans to conduct its first exploration licensing round in Q4.

The country, which currently produces about 200,000 bopd, is preparing to offer around six offshore licences.

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