2014 Report On Ghana To Plot Expected Rise In Oil And Gas Activity

August 2014: A first-time agreement signed between the global publishing, research and consultancy firm Oxford Business Group (OBG) and the Ghana National Petroleum Corporation (GNPC) is set to support the country’s drive to foster closer ties between education providers and the hydrocarbons industry.

Under the agreement, students and faculty members at the University of Ghana will be given online
access to OBG’s library of reports on emerging economies for a three-year period.

Alex Mould, Chief Executive Officer at the GNPC, said awareness was growing in Ghana of the need to produce a well-trained, local workforce for both the hydrocarbons industry and its related fields.

“Jobs in the oil and gas industry are evolving because new technologies are always emerging and
environmental regulations are constantly changing the face of the industry,” he said. “While direct jobs
in the industry are few, indirect and related jobs are many. We expect heightened activity next year and beyond.”

The GNPC plays a key role in highlighting skills gaps within Ghana’s oil and gas industry and helping to fill them through a broad range of initiatives, which include supporting curricula development and
improving vocational training. The corporation recently began offering scholarships to students embarking on training in both Ghanaian and international institutions under a newly-launched oil and
gas learning foundation.

Mould said that collaborative ventures between the hydrocarbons industry and educational institutions
were on the rise, with companies such as Schlumberger and Technip already providing Kwame Nkrumah University of Science and Technology (KNUST) and the University of Ghana with educational resources.

“We expect more companies to support Ghana’s academic institutions by providing them with tools,
equipment and materials that aid teaching and learning,” he said.

OBG’s Country Director, Aicha Larbi Daho Bachir, said that the Group and the GNPC both recognized the importance of ensuring students were given an opportunity to acquire the technical skills and knowledge needed to participate in key areas of Ghana’s economy.

“Our forthcoming report on Ghana will chart the country’s latest developments, while looking at how its
people can increase their contribution to economic growth,” she said. “I’m delighted that by offering the University of Ghana’s students access to our reports and updates, we will be supporting GNPC’S efforts to prepare young Ghanaians for the world of work.”

OBG’s collaboration with the GNPC forms part of the Group’s Academic Programme, which offers
students a platform to read over 22,000 searchable articles featured in the firm’s reports. OBG currently partners more than 60 universities and business schools worldwide as part of the programme, providing more than 10,000 students with access to its data.

The Report: Ghana 2014 will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other sectoral developments. The publication, which
marks OBG’s fourth year in Ghana, will be available in print or online.

About Oxford Business Group

Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes
economic intelligence on the markets of the Middle East, Africa, Asia and Latin America Through its
range of print and online products, OBG offers comprehensive and accurate analysis of macroeconomic and sectoral developments, including banking, capital markets, insurance, energy, transport, industry and telecoms.

The Report:

Ghana 2014 will be produced in partnership with Deloitte and Touche, Ghana and the Ghana National Petroleum Corporation (GNPC). The critically acclaimed economic and business reports have become the leading source of business intelligence on developing countries in the regions they cover.

OBG’s online economic briefings provide up-to-date in-depth analysis on the issues that matter for tens of thousands of subscribers worldwide. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms currently operating in these markets and those looking to enter them.

For more information please contact:

Oxford Business Group, 131-151 Gt Titchfield St, London, UK W1W 5BB

Stephanie Parker, Director of Communications

E-mail: [email protected]

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