Local Content Push: 40 Ghanaian companies to go on UK trade mission for O&G

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Ghana’s Petroleum Commission is leading a delegation of over 40 local companies on a week’s oil and gas trade mission to Aberdeen, Scotland. The goal is to engage with their Scottish counterparts seeking business opportunities in Ghana’s upstream petroleum industry.

A press release issued by the Commission said the maiden trade mission was being organized in partnership with the UK-Ghana Chamber of Commerce (UKGCC) and Scottish Development International (SDI)

It is in pursuance of the Petroleum Local Content and Local Participation Regulations, which require that indigenous companies are exposed to industry best practices of more matured jurisdictions and to possibly build strategic and joint venture partnerships with international companies.

Mr. Egbert Faibille Junior, the Chief Executive Officer (CEO), had already held a pre-departure meeting with representatives of the companies, where he asked that they adequately prepared to take full advantage of the opportunity to forge partnerships.  “These possible strategic partnerships are expected to stimulate growth, commercial viability, business skills, competitiveness and technology transfer.”

Mr. Andy Monaghan, SDI Regional Manager for Africa, re-echoed the need to make the most of the moment to network with their Scottish counterparts.  “SDI is an investment arm of the Scottish government specialised in identifying market opportunities and facilitating business relationships for many Scottish companies.

We are keen to work with you to ensure that you make the most out of this engagement.”  Dr. Mohammed Amin Adam, Deputy Minister of Energy responsible for Petroleum, would lead the mission and it would include senior government officials.

Source: Business Ghana

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