Government Communications Office

RM-N20 · Reforms

US$3.5 billion new investment in the Jubilee and OCTP oil fields

DeliveredChecked 27 Feb 2026Level 1 of 4: Reported by the ministry

Progress

Up to 20 new wells in the Jubilee field. Agreements signed as a memorandum of understanding and a memorandum of intent.

Crude oil output fell about 32% between 2019 and 2024

  1. BriefingH.E. John Dramani Mahama, President of the Republic of Ghana
  2. Delivered

Files and sources

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