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Ghana summit to focus on opportunities in oil industry

With the commencement of commercial production of oil off Ghana’s southwest coast, Ghanaian decision makers, their partners and international investors will meet at the Ghana Summit in April 2011 to discuss developments and future opportunities in Ghana’s oil industry.

Key decision makers from the newest West Africa’s hottest oil and gas producing country will discuss legal and fiscal issues, how to maximise revenue as well as local content and increase investments in the country.

Ghana’s Vice President. Dramani Mahama, who is expected to declare the event open had stated that, “as an emerging oil and gas economy, Ghana is bound to face challenges consistent with that industry.The government is aware that the best way to confront these challenges in order to achieve its ‘Better Ghana Agenda’ is by shared experiences.”

He described the summit as a “commendable platform which provides stakeholders and other industry players in the oil and gas industry with opportunity to share ideas, experiences and information.”

Emmanuel Armah-Kofi Buah (MP), Deputy Minister of Energy, Ghana, will lead the government delegation and discuss Ghana’s upcoming
developments and how the Petroleum Law can optimise the impact of oil and gas activities in local development.

GNPC’ s Managing Director, Nana Boakye Asafu-Adjaye is set to deliver a special address to update participants on the GNPC’s strategy and involvement in the country’s oil and gas industry in the months to come.

The summit, sponsored by Tullow Oil Plc, Lukoil Oil Company, Vanco, Eni, Oando, FMC Technologies, RWE, Shell, Expro, Mobicrane, Aker Solutions, Transocean Solutions, Technip, TMK, PricewaterhouseCoopers and Schlumberger, is to be held between April 12 and 14 April 2011 and is an essential forum to gain insights into the current developments in Ghana.

Ministers, governmental and GNPC representatives will be present at the two-day conference to network and discuss upcoming projects and contracts face to face. Delegates from international oil companies will be on hand to speak about possible collaborations and future opportunities.

The summit also comprises an international exhibition set out to be the biggest till date in Ghana. Companies from around the world have already confirmed their participation as exhibitors and will showcase latest technological develop
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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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