GOIL in figures

Filling and service stations in GOIL’s network:More than 380

Capacity of GOIL’s MGO bunkering facility at Takoradi:13.5 million litres

Integrated ambitions

Ghana Oil Company (GOIL) is the state owned downstream company of Ghana. In April 2018, the company announced plans to become a major player in the country’s upstream sector. GOIL was chosen as the partner for ExxonMobil, which had acquired an 80% stake in the Deepwater Cape Three Points block. In November 2018, the two parties signed a joint operating agreement, which resulted in GOIL forming a new company, GOIL Offshore, to be responsible for upstream operations.

  • Bitumen plant: GOIL is collaborating with Côte d’Ivoire’s Societe Multinationale de Bitumes to build a bitumen plant in Tema.
  • Subsidiaries: Along with GOIL Offshore, the company owns a financial services subsidiary, GOIL Financial Services, as well as GOEnergy Company, a bulk oil distribution company.

GOIL started out in 1960 as Agip Ghana, was later known as Ghana Oil Company after the government bought out Eni’s shares and in 2019 changed its name to GOIL Company.


GOIL features

Ghana passes landmark Petroleum Hub Bill
Ghana - October 27, 2020

The Ghanaian parliament has passed the Petroleum Hub Development Corporation Bill, aimed at creating an oil, gas and…

GOIL, ExxonMobil sign partnership
Ghana - November 30, 2018

Ghana Oil Company (GOIL) and ExxonMobil have signed a joint operating agreement for exploration on the Deepwater Cape Three Points block, local media reported…