GNPC And Halliburton Agree To Address Upstream Challenges In Ghana

The Ghana National Petroleum Corporation (GNPC) and Halliburton, a world leader in oilfield services, have reaffirmed their commitment to advancing Ghana’s oil and gas sector.

The partnership aims to improve operational efficiency, accelerate the development of key reserves, and revitalize the country’s upstream industry amid declining production levels.

Mr. Ntow Amoah, the Acting Chief Executive Officer, met with Halliburton Senior Area Manager Gary Evans during a courtesy visit to GNPC’s Tema headquarters to discuss strategic priorities.

Mr. Ntow Amoah highlighted GNPC’s focus on utilizing technology, building strong partnerships, and luring investment to maximize Ghana’s hydrocarbon resources.

“Our collaboration with Halliburton enables us to deploy advanced solutions that drive exploration, improve efficiency, and ensure the long-term sustainability of Ghana’s energy sector,” he stated.

In his discussion of GNPC’s aspirations, Mr. Evans emphasized Halliburton’s intention to strengthen its backing of Ghana’s upstream objectives.

“We are aligned with GNPC’s vision and bring proven exploration and reservoir management expertise. Our technologies can improve production from existing assets, lower costs, and strengthen investor confidence,” he remarked.

Halliburton’s plan to launch cutting-edge tools, including as its Nexus system and Next-Gen technology, was a major topic of discussion.

These methods, which were previously offered to GNPC, have been improved and effectively applied in places like Namibia and the Middle East, providing Ghana’s reservoir optimization efforts with possible uses.

The proposal from GNPC to create a Research & Technology Center (RaTC) with a Fluid Analysis Laboratory was also discussed at the meeting.

The Construction Of The New Gas Processing Plant Will Maintain Petroleum Price Stability

Mr. Ntow Amoah emphasized the initiative’s potential to improve domestic gas and crude oil analysis, which would build local technical competence and lessen reliance on international facilities.

Halliburton, which has cutting-edge fluid labs in Houston, stated that it would be happy to contribute technical know-how to help Ghana build its petroleum research infrastructure. High-quality data from this partnership could help guide production and field development plans.

By embracing cutting-edge technologies, developing local knowledge, and guaranteeing the steady expansion of its oil and gas sector, GNPC is still dedicated to adding value for Ghana.

This collaboration with Halliburton is a major step in accomplishing those goals and setting up Ghana to fully utilize its hydrocarbon reserves.

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