Ghana woos investors at Global Petroleum Show

Business News of Thursday, 13 June 2019

Source: kasapafmonline.com

2019-06-13

The three-day event is expected to attract over 50,000 upstream petroleum professionals

Ghana made its first appearance yesterday at North America’s leading energy event, the Global Petroleum Show (GPS) underway in Calgary, Canada.

The three-day event which is expected to attract over 50,000 upstream petroleum professionals provides a platform for Petroleum Commission, Ghana’s Upstream Petroleum Regulator to pitch to prospective investors about opportunities that exist in the nation’s upstream petroleum industry.

In partnership with the Canada Ghana Chamber of Commerce, the Commission is leading over 20 Ghanaian companies to explore opportunities and secure the right partnerships with their international counterparts.

Led by the CEO of PC, Mr. Egbert Faibille Jnr.; Head of Gov’t Relations at the Ministry of Energy, Ms. Patricia Asaam; Western Regional Minister, Hon. Kwabena Okyere Darko; Director, Local Content at the Commission, Mr. Kwaku Boateng; and with support from Ghana’s High Commissioner to Canada, H.E. Joseph Ayikoi Otoo; a strong case is being made to participants at the GPS to consider Ghana as the ultimate destination for upstream petroleum activities.

Several investment opportunities such as farm-in, subsea inspection services, supporting government to develop Western Region as an upstream petroleum hub, revamping Tema Shipyard to support the petroleum industry among others have been highlighted at the conference.

Although Canada’s industry is currently facing a downturn, the delegation is determined to present Ghana as the preferred destination for Canadian companies seeking to explore alternative regions/areas for their oil and gas activities.

The three-day GPS event which ends on Thursday 13th June 2019 is expected to provide participants with a better outlook of Ghana’s upstream petroleum industry.

Global Petroleum Show (GPS) is North America’s Leading Exhibition & Conference, where oil and gas professionals convene to engage in dialogue, create partnerships, do business and identify the solutions and strategies that will shape the industry for the years ahead.

GPS has grown exponentially to become the global meeting point for oil and gas professionals. Today, over $6 billion of business is concluded during the exhibition, placing GPS at the very heart of international business of the global energy sector. Over 50,000 trade professionals attend GPS, while 100+ industry leading experts share their knowledge and understanding across the event’s expansive line-up of strategic and technical conference sessions.

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