News
President Mahama announces new offshore discovery at Nya Gyidie well
President John Dramani Mahama has announced a new offshore hydrocarbon discovery in Ghana’s Deepwater Cape Three Points contract area, describing it as an important milestone for the country’s petroleum sector.
The discovery was made by Planet One Oil and Gas Ltd., together with its partners, GOIL Upstream Ltd., and the Ghana National Petroleum Corporation (GNPC), at the Nya Gyidie 9-1X well in the Tano Basin. bad3
President Mahama announced the find on Tuesday, November 10, 2026, at the 2026 Local Content Conference and Exhibition organised by the Petroleum Commission in Takoradi.
“Now the good news. I am pleased to announce that Planet One Oil and Gas Ltd., together with its partners, Goil Upstream Ltd., and the Ghana National Petroleum Corporation, have made a new offshore discovery,” he said.
“The hydrocarbon discovery at the Nya Gyidie 9-1X well in the Deepwater Cape Three Points contract area marks an important milestone for Ghana. It is the country’s first successful test of a Cenomanian-Turonian Carbonate-Clay as a primary exploration target,” he added.
He said the well also targeted the Albian formation as a secondary objective, and that the name Nya Gyidie, which means “Have Faith”, reflected the confidence behind the exploration project. bad3
The discovery contains gas and condensate, although its commercial size and recoverable reserves are yet to be established.
President Mahama said the find demonstrated renewed confidence in Ghana’s petroleum potential and the government’s efforts to revitalise the upstream sector.
By Edem Mensah-Tsotorme
Founder and President of Women in Sustainability Africa (WiSA) and General Manager of EIB Network, Rev. (Mrs.) Nana Yaa Serwaa Sarpong, Esq., has been honoured with the prestigious Social Impact Award at the Global Entrepreneurs Awards.
The event was held as part of the Global Entrepreneurship Festival at the JW Marriott Hotel, Cairo, Egypt, from November 6-8.
The Global Entrepreneurship Festival, organisers of the Global Entrepreneurs Awards, is described as the biggest entrepreneurship event in the world, bringing together over 10,000 participants, more than 100 exhibitors, over 60 global speakers and representatives from over 70 countries.
The award recognises her outstanding leadership and the transformative impact of decades of community service through her organisations, the League of Extraordinary Women and Women in Sustainability Africa (WiSA), as well as her work with the United Nations and ministry outreach in empowering people, promoting sustainability, and driving community development across Africa.
Speaking on the recognition, Rev. (Mrs.) Sarpong said she was humbled by the honour and dedicated it to the women and communities across Africa whose resilience and commitment to change continue to inspire her work.
She said the award was a reminder that social impact, sustainability and service remain powerful tools for transforming lives and building a better future for the continent.
Nana Yaa Serwaa Sarpong was recently called to the Bar in Ghana at the 63rd Ceremony organised by the General Legal Council.
By Edem Mensah-Tsotorme
The Deputy Minister for Tourism, Culture and Creative Arts, Yussif Issaka Jajah has engaged the Ghana Culture Forum (GCF) on strengthening collaboration to advance Ghana’s cultural and creative industries.
The engagement, led by the Forum’s Vice Chairman, Ahuma Bosco Ocansey, focused on ongoing programmes, outstanding commitments, preparations towards the Forum’s 15th Anniversary and Ghana Culture Week 2027, as well as opportunities for collaboration on the EU Sankofa I Programme.
Mr. Jajah reaffirmed the Ministry’s commitment to working with stakeholders and addressing concerns raised, stressing the importance of fulfilling commitments to participants and sponsors in cultural initiatives.
The meeting underscored the need for stronger partnerships to promote Ghana’s cultural identity and unlock opportunities within the creative arts sector.
By Edem Mensah-Tsotorme
