The Acting Chief Executive Officer of GNPC, Kwame Ntow Amoah, signing on behalf of GNPC, said, “The agreement marks a significant step forward in maximising the value of Ghana’s data assets while ensuring transparency and collaboration between the National Oil Company and the Regulator.”
Indonesia, with a population exceeding 280 million and comprising approximately 17,024 islands, is renowned for its robust oil and gas industry and is the fourth most populous country globally. The nation’s expertise and resources present valuable opportunities for collaboration with Ghana in the energy sector.
Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector. The country – through national upstream regulator the Petroleum Commission of Ghana – is embarking on a series of industry reforms that aim to strengthen the operating environment for oil and gas companies. These efforts are expected to translate into heightened exploration, as companies pursue play-opening discoveries in Ghana’s on- and offshore market.
Chief Executive of the Petroleum Commission, Emeafa Hardcastle has assured Upstream Petroleum companies of her determination to increase collaboration between the Regulator and the exploration and service companies as stakeholders in the sector seek a reboot of the industry.
Chief Executive of the Commission, Egbert Fabile Jnr called for reforms to the country’s legal framework on oil explorations.
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday signed a Memorandum of Understanding (MoU) with the Petroleum Commission, Ghana (PCG) towards developing and deepening local content regulations in Ghana’s upstream petroleum sector. The signing ceremony took place at the sidelines of the 2024 Annual Local Content Conference and Exhibition held at Takoradi, Ghana.
Mr. Egbert Faibile, the Executive Officer of the Petroleum Commission, has praised the media for their critical role in advancing gains with the country’s Local Content Law.
This year’s Local Content Conference and Exhibition (LCCE), organised by the Petroleum Commission, is expected to attract over 1,200 participants to Takoradi in the Western Region from tomorrow to Friday.
The Minority in Parliament has called on the government to transfer the shares held by Jubilee Oil Holding Limited (JOHL) to the Ghana National Petroleum Commission (GNPC) to assure citizens that appropriate oversight of the country’s petroleum resources is being exercised by Parliament and other stakeholders.
The African Energy Chamber (AEC) (www.EnergyChamber.org), the voice of Africa’s energy sector, is pleased to announce that Egbert Faibille, CEO of the Petroleum Commission of Ghana, will speak at the Invest in African Energy Reception in Dubai on March 30, an event hosted with the aim of providing investors from the United Arab Emirates (UAE) an opportunity to connect with African executives and explore new partnership possibilities.