The Board of Ghana Oil Company (GOIL) on Wednesday called on the Minister for Energy and Petroleum, Emmanuel Armah-Kofi Buah at his office in Accra.
Led by its chairman, Professor William Asomaning, the Board congratulated the Minister on his appointment and assured him of their unflinching support to enable him to achieve the policy goals in the petroleum downstream sector.
Prof. Asomaning told the minister that the company’s rebranding exercise was to offer better value to its consumers which would in turn provide organic growth to enable it to provide greater returns to its shareholders.
According to him, the new identity of GOIL is as a result of the company’s response to well researched consumer insights, saying the move has already begun yielding dividends.
The Board Chairman said management would always work to put the company beyond its competitors.
“Our stakeholders are proud of us, we thus ensure continued demand for the products and services that our employees create.”
The Managing Director of GOIL, Patrick Akorli, said the entry of numerous oil marketing companies (OMCs) created a stiff competition, but said the company was on the move and would rub shoulders with its competitors.
He said the company was looking forward to growing its share of the market by creating a greater affinity for its products and services among Ghanaians as well as foreigners, adding that GOIL would remain determined in its drive at providing highly ethical, environmentally friendly and socially responsible business practices.
The Minister for Energy and Petroleum, Emmanuel Buah, on his part, thanked the Board for their visit and pledged government’s continuous support to the company.
Hon. Buah urged the company to take the lead in some issues confronting the country, particularly road safety, asking them to partner with the National Road Safety Commission for that purpose.
He also called on them to focus on new technologies that will enhance service delivery.
Other members of the Board who were at the meeting included Chris Ackummey, Thomas Manu, Madam Faustina Nelson, Kwesi Yankah and Eugene Akoto Bamfo.