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Business News Sat, 15 Dec 2018

Oil and Gas Awards has helped improve adherence in the industry – CEO

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The Chief Executive Officer of XO-DUS Communications, Richard Abbey, organisers of the 2018 Ghana Oil and Gas Awards has said, the periodic organization of the awards has helped improve adherence to safety in the industry.

According to him, there is compliance at the National Petroleum Authority (NPA) where you must follow certain standards and this awards has in a way put industry players on their toes.

“Remember we gave Mr. Tampuli a leadership award because he has been cutting down illegal entry of importation of fuel and all that and I think that others too are off-takers from BOST and TOIL which means that they are contributing to the National development”

He said the off-takers from BOST and TOIL are contributing to National development because if BOST has a product and people are not patronizing it how can they make money and all those people have been awarded.

“They are people who are indigenously making efforts to do this, so in recognizing these people, it has boost business” he noted.

WINNERS ON THE NIGHT INCLUDES

Promising Oil and Gas Company - Tel Energy Limited

Oil and Gas Financial Service Provider of the year - Ecobank Ghana Limited

Oil Marketing Company of the year - Ghana oil Company (GOIL)

Lubricant product of the year - Puma lubricant

Excellence in Corporate Social Responsibility - Total Ghana Limited

CEO of the Year(Downstream) - Petroleum Solutions limited (Petrosol)

CEO of the Year ( Upstream) - Dr. MacDonald C Vasnani - Consolidated Shipping Agencies

Best growing Oil and Gas Company - Petroleum Solutions (Petrosol)

Oil and Gas Insurer of the CEO - Star Assurance Company Limited

BACKGROUND

The Ghana Oil and Gas Awards and exhibition (GOGA) brings together players in the Oil and Gas industry. The recognizes achievements from local and international companies involved in Ghana oil and gas sector and rewards those that have played a defining role in moving the industry forward.

The Ghanaian economy has become increasingly reliant on energy to sustain growth and development over the past 6 decades.

In times like this, when the Oil and Gas sector is faced with consistent challenges the ability of organizations as well as the people involved in the industry to deliver the technologies, financial packages, insurance products, best practices, and initiatives to succeed is crucial.

Source: www.ghanaweb.com