Chief Executive Officer for Ghana’s Petroleum Commission, Mr Egbert Faibille Jnr. is advising indigenous Ghanaian Oil and Gas service companies to leverage on the widespread opportunities of the industry in Norway.
Speaking ahead of the official opening of the Offshore, North Sea (ONS) conference in Stavanger, Norway, Mr Faibille said the aim of the Commission is to ensure that indigenous companies get the opportunity to build synergies to attract the needed investments into Ghana’s upstream sector.
Thousands of international oil companies are participating in the ongoing ONS conference in Norway in a bid to attract partnerships and the needed investments.
The Commission since its inception has been inundated with numerous calls about the lack of contracts for Ghanaian service providers. Following such calls , the Commission has organised the second trade mission in Norway at the back of the ongoing ONS conference in Norway.
The Commission is seeking to introduce Ghanaian companies to international platforms and introduce them to IOS’s that matter in the upstream sector that are considering to do business in Ghana.
Ghana’s local content law LI 2204 mandates any foreign company seeking to do business in Ghana, must at least cede ten percent of its operations to a local upstream sector.
Mr Faibille charged the over forty companies participating in the conference to find companies that operate in these spheres .
He added that it is the wish of the PC that at least each Ghanaian company will have business at the end of the four days conference.
Emmanuel Ohene -Gyan