The Ghana National Petroleum Corporation (GNPC) was established under GNPC Law 1983, PNDC Law 64, with the mandate to undertake exploration, development, production, and disposal of petroleum. The Corporation began operations in February of 1985.
GNPC is a strategic commercial vehicle through which the State participates directly in petroleum operations. By law, the Corporation is a party to all upstream petroleum licenses operated in Ghana.
Following Ghana’s upstream foray into commercial petroleum production in 2010, GNPC’s role has expanded to tackle the development challenges of a nascent national oil and gas industry.
Over the years, GNPC has built a strong and diverse portfolio of assets focused primarily on upstream oil and gas sector. However, the Corporation’s activities have expanded in strategic response to emerging industry developments, domestic market priorities and Government policy, within the remit of its legal mandate.
GNPC’s strategic objective is to become a technically strong, commercially efficient, and financially independent oil and gas E&P operator by 2030.