The upstream petroleum industry awarded contracts worth US$3.6billion to indigenous companies over the last three years, thereby deepening the local content policy.
Opoku-Ahweneeh Danquah said that there are inherent challenges in Ghana’s oil and gas sector which requires the immediate attention of all stakeholders
Declining crude oil production poses a serious threat to the economy if nothing is done to incentivise and expedite exploration, says a report by Ghana Upstream Petroleum Chamber.