January 18, 2018 / 9:53 AM / in 6 months

Exxon Mobil signs deal for deepwater oil exploration off Ghana

ACCRA (Reuters) - Exxon Mobil Corp signed a deal with Ghana on Thursday to explore for oil in the Deepwater Cape Three Point offshore oilfield.

The Exxon Mobil gas station in Denver, Colorado United States July 28, 2017. REUTERS/Rick Wilking

The signing followed direct negotiations between Ghana and Exxon Mobil without an open competitive tender due to the nature of the field, where the depth ranges from 2,000 to 4,000 metres, Ghanaian officials said.

Reporting by Kwasi Kpodo, editing by Sofia Christensen; editing by Jason Neely

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