Facing a decline in oil output (48.2 million barrels in 2023 vs. 51.7 million in 2022), Ghana plans to revitalize its hydrocarbon sector. Tullow Oil and Kosmos Energy intend to invest $2 billion to drill up to 20 wells, backed by extended exploration permits. This move aims to slow reserve depletion (660 million barrels) and support economic growth.
