Publications
Vol. 1 Issue 2, November 2023
Addressing Credit Constraints in Local Content Development
Since the inception of Ghana’s upstream petroleum industry in 2007, local content and local participation have been key focus areas for the government. Industry experts hold the consensus view that legal framework, regulatory enforcement and access to finance are key bedrocks necessary for harnessing increased indigenous participation, local capacity and competencies in the oil and gas industry …
Local Content and the Use of Arbitration Clauses in Upstream Petroleum Contracts in Ghana
The upstream petroleum industry all over the world is very familiar with the use of dispute resolution clauses as part of agreements executed between countries, contractors and sub-contractors for the provision of goods, materials and services among others. From exploration, discovery, appraisal, field development, production, plugging and abandonment to decommissioning, various contracts ranging from petroleum agreements, service contracts and sub-contracts amongst others are used. Contracts generally spell out among others the rights and obligations of the…
Vol. 1 Issue 1, November 2022
First Ghanaian Owned AHTS Vessel Commissioned to Service Jubilee Field
History was made in the upstream petroleum sector on 5th November 2021 with the commissioning of the first ever fully indigenous Ghanaian owned vessel, the MV Flat Confidence at the Takoradi Harbour. The vessel is owned by Messrs. Flat C Marine Offshore Limited, an indigenous Ghanaian company. The ownership of the vessel was made possible by the fact that Tullow Ghana Limited (TGL) operators of the Jubilee and TEN Fields together with its partners, the Ghana National Petroleum Corporation (GNPC), Kosmos Energy, PetroSA awarded a contract to Flat C Limited to provide…
Promoting an Equitable and Fair Insurance Regime for Ghanaians in the Upstream Petroleum Sector
Due to the elastic nature of the petroleum industry, many oil and gas-producing nations have leveraged the exploitation of their petroleum resources to develop other industries to stimulate economic growth. The legislative framework of Ghana’s oil and gas industry reflects this ambition. For instance, one of the key objectives of the Petroleum (Local Content and Local Participation) Regulations 2013, (L.I. 2204) is to create petroleum and related supportive industries that will sustain economic development. The insurance and reinsurance industry has been singled out as one of the vital supportive industries to the upstream sector with the potential to grow exponentially if the…
The event will host over 1,000 participants both locally and internationally and attract experts across the industry to share their experience on strategies to stimulate E&P activities through enhanced investments in the industry.
About
B2B Session
Executive Connect
Sponsorship Opportunities
Contact
lcce@petrocom.gov.gh
www.petrocom.gov.gh