Energy Minister underscores need to develop capacities of local service providers

The Energy Minister, Dr. Mathew Opoku Prempeh, has underscored the need to develop the capacities of local service providers.

He is of the view that developing their capabilities will enable them to offer products and services that meet quality standards in the oil and gas industry.

Dr. Mathew Opoku Prempeh was speaking at the Local Content Conference in Takoradi on November 22, 2023.

He further indicated that the Akufo-Addo government’s policy interventions are thoroughly being pursued to ensure that the participation levels of indigenous Ghanaian businesses and Ghanaians in the upstream petroleum sector are enhanced.

The minister was confident that Ghana would achieve greater heights of local content maximization.

Read his statement below:

Addressing the 2023 Local Content Conference earlier today in Takoradi, I said, among others that, in meeting the demands of local content and local participation, it is imperative that the capabilities of local service providers and personnel are developed to enable them offer products and services that meet quality standards in the oil and gas industry.

In this regard, I indicated that under the Akufo-Addo government, policy interventions are thoroughly being pursued to ensure that the participation levels of indigenous Ghanaian businesses and Ghanaians in the upstream petroleum sector are enhanced.

We remain confident as a government in achieving greater heights of local content maximisation, while continually attracting investments into our Basins, to ensure sustainable exploitation of Ghana’s oil and gas resources to support the nation’s development and that of posterity.