GNPC Ag. CEO outlines strategic upstream reset at Africa Energies Summit

Joseph Dadzie Amoah is the Acting CEO of the Ghana National Petroleum Corporation (GNPC). He recently shared a vision for GNPC at the Africa Energies Summit. His focus is on Ghana’s upstream reset agenda.

Amoah spoke about strategic investment and innovation. These are essential to address production challenges and ensure long-term growth.

He addressed industry leaders, policymakers, and global energy stakeholders. The theme was “Taking Ghana to the Next Level: Advancing Oil & Gas Exploration & Production.”

Amoah presented a strategy to reverse declining oil production in Ghana. He noted that crude oil output fell from 195,750 barrels per day in 2019 to about 110,500 bopd recently.

The decline is due to falling field productivity, limited exploration, and fiscal policy issues. He emphasized that sustainable growth requires bold thinking and innovation.

“To take Ghana to the next level,” he said, “we must rethink our upstream strategy.” This includes using data-driven decisions and modern technologies.

Amoah highlighted GNPC’s commitment to advanced technologies like Artificial Intelligence. These will guide investments in exploration and production.

The Corporation plans to use digital tools for better reservoir management and drilling optimization. They will also enhance seismic data acquisition with new technologies.

One key strategy involves adopting 4D seismic and Ocean Bottom Node technologies for better subsurface data. GNPC is exploring non-seismic options like satellite imagery to reduce exploration risks.

Mr. Amoah stressed the need for stable policies that attract investors into the sector. He acknowledged concerns over frequent regulatory changes affecting perceptions of risk.

“GNPC shares these concerns as a local investor,” he stated. A new mindset is needed—one that balances investment, innovation, and sustainability.

He called for collaboration between local and international companies, service providers, and technology innovators. Joint projects can reduce costs while improving resource utilization.

GNPC aims to be a center of excellence under the President’s vision for transformation in Africa. This includes partnerships that prioritize local capacity and expertise.

Beyond short-term recovery, Amoah emphasized long-term sustainability practices. He affirmed GNPC's alignment with global trends toward decarbonization and cleaner energy solutions.

“Resetting our upstream agenda isn’t just about boosting production,” he said. “It’s about building a resilient energy future for Ghana.”

The summit concluded with a call for stakeholders to support GNPC’s mission responsibly unlock Ghana's hydrocarbon potential.

Amoah's strategy focuses on innovation and collaboration to halt production decline while optimizing resources. It reflects leadership in driving Ghana towards a balanced energy future combining development with sustainability.