Home Business 2019 OTC finishes with sector players optimistic of greater outlook

2019 OTC finishes with sector players optimistic of greater outlook


This year’s edition of the Offshore Technological innovation Meeting which took position in Houston Texas has finished efficiently with a get in touch with on international oil providers and Joint Venture firms to help establish and establish indigenous Ghanaian firms to their entire capabilities within just the oil and fuel business. 

In the last 4 days, world leaders inside the upstream sector, business players and stakeholders deliberated on helpful and sustainable means to market regional content and area participation.

On the component of the Ministry and the upstream petroleum regulator, the Minister, Board and Administration keep on to guarantee that no stone will be still left unturned in guaranteeing that stakeholders are compliant with coverage regulatory framework of the Commission as enshrined in the different legislative devices.

“With the implementation of L.I 2204, actions inside the upstream space has been streamlined, still the Petroleum Commission will not relent in its endeavours to guarantee that every single company arrives on board” CEO of the Fee, Egbert Faibille Jnr. pressured.

“With the shortly to be developed Petroleum hub in the western location of the place, it is obvious that our dear nation is poised for investment opportunities” remarked Minister of Energy, John Peter Amewu.

Up coming year, it is thought that operations of Tiny and Medium Scale Enterprises (SME’s) registered with the Commission would have recorded important strides as they situation by themselves strategically to hit superior promotions and JV partnerships.

With the generate for additional individuals in the diaspora to arrive and do companies in Ghana, lots of are of the check out that Ghana’s upstream petroleum sector will be an financial commitment spot

” Our nation is open for several company possibilities in particular in the upstream sector” mentioned Ghana’s Ambassador to the United States of The us, Dr. Barfour Adjei Barwuah

With a lot of choose dwelling notes from the 4-day deliberations and high-degree driven conversations, lots of say the outlook of the business appears to be favourable.  

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