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Africa Oil Week 2026: Ghana unveils petroleum reforms as Shell, Chevron advance South Deepwater Tano deal

By GhanaSummary Newsroom1 min read
Africa Oil Week 2026: Ghana unveils petroleum reforms as Shell, Chevron advance South Deepwater Tano deal

A major development at the conference was the signing of a Memorandum of Understanding (MoU) involving the Government of Ghana, the Ghana National Petroleum Corporation (GNPC), Shell Overseas Holdings Limited and Chevron Sub-Saharan Africa Ventures Ltd for the South Deepwater Tano Block.

Ghana has used the opening of Africa Oil Week (AOW) 2026 in Accra to unveil a series of changes to its petroleum fiscal regime, as the government seeks to attract fresh investment into the country's upstream sector.

The first day of the conference brought together government officials, international oil companies and energy-sector leaders, with discussions centred on investment, energy security, regional cooperation and Africa's development priorities towards 2030.

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