GNPC acquires Commercial Interest of 7% in Jubilee, TEN fields from Occidental Petroleum

• GNPC has acquired a 7% interest from Occidental Petroleum • The interest involves the Jubilee and TEN oil fields • The purchasing price of the move is US$199 million Government through the Ghana National Petroleum Corporation (GNPC) has revealed it has acquired a 7 percent Commercial Interest (CI) on two of the country’s offshore oil blocks from Occidental Petroleum.

GNPC acquires Commercial Interest of 7% in Jubilee, TEN fields from Occidental Petroleum
• GNPC has acquired a 7% interest from Occidental Petroleum • The interest involves the Jubilee and TEN oil fields • The purchasing price of the move is US$199 million Government through the Ghana National Petroleum Corporation (GNPC) has revealed it has acquired a 7 percent Commercial Interest (CI) on two of the country’s offshore oil blocks from Occidental Petroleum.