The landscape of oil and gas production in Ghana is changing in ways that will increase the demand for financing of upstream projects and services. With future exploration expected in much deeper water requiring substantial financial injection by operators. This is against the background of constraints in international private capital funding due to climate concerns in the era of energy transition.
This topic explores the pivotal role played by Ghanaian banks in driving investments in the sector and promote sustainable local content through strategic financial support towards in-country investment for petroleum operations.