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Unlocking National Oil Value: Strategic Intervention or Missed Opportunity?

The Government of Ghana’s intention to takeover Springfield Exploration & Production’s interest in the West Cape Three Points Block 2 (WCTP2) has reopened important conversations about the country’s upstream future. With national crude production declining and deep-water resources carrying significant untapped potential, the move signals a deliberate attempt to prevent valuable assets from remaining idle due to prolonged commercial or operational delays. WCTP2, one of the country’s promising blocks, is too critical to be left undeveloped.


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