Indigenous Ghanaian Oil and Gas companies operating in the upstream sector are looking to liaise among themselves to increase the local content participation in the sector.
Albeit there exist the LI 2204 which requires International Oil and Gas to cede at least ten percent of their Operations to local companies many indigenous companies do not have the technological capabilities to venture into that area.
The over forty companies that took part in the just ended trade mission in Scotland are deliberating ways of subletting contracts among themselves.
Chief Executive Officer of the Petroleum Commission, Egbert Faibille Jnr told Empire FM news editor Emmanuel Ohene-Gyan, that some of the key benefits from the just ended trade mission in Aberdeen Scotland is that some Ghanaian Oil and Gas companies did not even know one another.
He said the five (5) day trade mission offered them the opportunity to network and subcontract among themselves as far as the upstream sector is concern.
He further expressed hope that other upcoming trade missions will open more opportunities for indigenous companies.