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| OUR MANDATE |
GNPC’s mandate under PNDC Law 64 of 1983, (now PNDC Act 64) is to undertake the exploration, development, production and disposal of petroleum. Among the objectives of the Corporation are:
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To promote the exploration and the orderly and planned development of the petroleum resources of Ghana |
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To ensure that Ghana obtains the greatest possible benefits from the development of its petroleum resources |
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To obtain the effective transfer to Ghana of appropriate technology relating to petroleum operations |
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To ensure the training of citizens of Ghana and the development of national capabilities in all aspects of petroleum operations |
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To ensure that petroleum operations are conducted in such a manner as to prevent adverse effects on the environment, resources and people of Ghana |
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OUR MISSION
To lead the sustainable exploration, development, production and disposal of the petroleum resources of Ghana, by leveraging the right mix of domestic and foreign investments in partnership with the people of Ghana. |
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OUR VISION
To be a leading global oil and gas company, whose operations have a profound impact on the quality of life of the people of Ghana.
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CORE VALUES |
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EHS FIRST
We prioritise Health and Safety and we protect the Environment. We keep people, asset and the environment protected as a first step to achieving corporate goals
PROFESSIONALISM
We shall always be ethical, effective and show an objective attitude in the pursuit of our goalsbodytexter
RESPECT FOR TALENT
We recognize the talents of our people and provide a nurturing environment to develop them to their fullest potential
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REWARD OF MERIT
We acknowledge and appropriately reward achievements
TEAM WORK
We encourage working together through coordinated efforts, building on one another's strengths and overcoming weaknesses to achieve corporate goals
CREATIVITY AND INNOVATION
We encourage creativity. We shall be at the forefront of innovation in our business
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| ABOUT US |
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The Ghana National Petroleum Corporation (GNPC) is Ghana’s National Oil Company (NOC), established in 1983 by PNDC Law 64, to support the government's objective of providing adequate and reliable supply of petroleum products and reducing the country's dependence on crude oil imports, through the development of the country’s own petroleum resources.
The Petroleum [Exploration and Production] Law, 1984, PNDC Law 84, was subsequently enacted to provide the regulatory framework for the exploitation of the country’s hydrocarbon resources. PNDC Law 84, establishes the contractual relationship among the state, GNPC and prospective investors in upstream petroleum operations. This law also grants GNPC the right of entry into any open acreage to undertake exploration activities.
The corporation, which started operations in 1985, is partner in all petroleum agreements in Ghana. GNPC is also the national gas sector aggregator in Ghana, and aims to supply efficient fuel to meet Ghana’s increasing energy needs. After the inception of GNPC in 1983, technical assistance was sought from Braspetro, the international subsidiary of the Brazilian National Petroleum Corporation (Petrobras) under UNDP sponsorship in 1985 for the preparation of a strategic organizational plan and recommendations for institutional capacity building.
The organizational plan approved by the Board of Directors involved five main functional divisions and four staff departments.Reviews of the structure havesince takenplace andcurrently incorporate a wider scope of activities consistent with our current strategy. The current staff strength is 300. GNPC has a seven-member Board of Directors, appointed by the Ghana Government, which exercises oversight responsibility over the corporation, giving it policy direction. |
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| HISTORY OF GNPC & EXPLORATION IN GHANA |
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1980's - LEGAL FRAMEWORK
In the early 1980s, the government established a new statutory and legal framework for petroleum exploration as well as institutional capacity. |
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1990's - OIL EXPLORATION
In the late 1990s and early 2000, significant milestones were achieved in our exploration efforts.They include an extensive 2D seismic acquisition offshore Saltpond Field. |
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2007 - OIL DISCOVERY
The discovery of significant oil and gas accumulations in 2007 and the commencement of production of the Jubilee field in November 2010. |
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EXPLORATION COMPANIES
Oil and gas companies that have explored onshore and offshore Ghana include Mobil, Shell, Volta Petroleum, Texaco, AgriPetco, Philips Petroleum. |
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