President John Mahama has appointed a new governing board for the Ghana National Petroleum Corporation (GNPC) as part of broader reforms aimed at revitalizing the country’s oil and gas sector.
The appointment was confirmed in a statement issued by GNPC on Thursday.
The new board will be chaired by Prof. Joseph Oteng-Adjei, who is tasked with steering the Corporation toward greater strategic relevance and operational effectiveness.
The board includes:
- Prof. Joseph Oteng-Adjei – Chairman
- Mr. Kwame Ntow Amoah – Acting Chief Executive Officer
- Yo Naa Andani Yakubu Abdulai
- Hon. Hajia Zuwera Mohammed Ibrahimah (MP)
- Hon. Seidu Alhassan Alajor (MP)
- Mr. Mawutor Agbavitor
- Mr. Kwame Jantuah, Esq.
At the swearing-in, John Abdulai Jinapor, Minister for Energy and Green Transition, stressed the government’s plan to review the GNPC Act (PNDC Law 64) to align it with current industry trends and international best practices.
New board eyes energy reform and long-term strategy
In his response, Prof. Oteng-Adjei expressed appreciation for the appointment and outlined the board’s focus.
“We appreciate the president’s confidence in us to steer GNPC forward. This board brings together diverse expertise, and we are ready to tackle the sector’s challenges.
“We will collaborate with the Ministry and work diligently to advance GNPC’s goals,” he said.
GNPC, established in 1983, oversees exploration, licensing, and petroleum product distribution in Ghana.
The new board’s formation aligns with the government’s wider agenda to reposition GNPC for investment growth, energy security, and operational efficiency.
In June, GNPC extended key petroleum licenses with partners including Tullow Oil and Kosmos Energy for the West Cape Three Points block until 2040.
GNPC is currently implementing a 10-year strategy (2021–2030).
The first phase targets efficiency and financial independence, while the second aims to transform GNPC into a strong exploration and production operator.
Energy sector faces challenges amid reforms
Ghana, which remains heavily reliant on fuel imports, continues to battle significant energy sector debt.
However, in April, the Mahama administration introduced comprehensive energy reforms to address systemic inefficiencies.
At the swearing-in, Jinapor reminded the board of GNPC’s role as a national pillar in energy development.
“Through careful investment and partnerships, it supports national development and helps secure the country’s energy needs,” he stated.
GNPC says the latest reforms come at a crucial time, as Ghana aims to reverse declining oil production and leverage emerging opportunities across the petroleum value chain.