George Mensah Okley appointed new BOST MD

George Mensah Okley has been appointed as the Acting Managing Director of the Bulk Oil Storage and Transportation Company Ltd (BOST), subject to approval by the Council of State.

The latest appointment follows the sacking of Alfred Obeng whose tenure was embroiled with several alleged scandals.

Profile of the new MD

George Mensah Okley holds a Bachelor of Science degree in Chemical Engineering from the Kwame Nkrumah University of Science and Technology; a Master’s Degree in Chemical Engineering from the University of Dortmund, with a focus on Fluid Separation Process, Process Modelling & Optimization, Process Control Design and Modelling of Dynamic Systems.

He also holds a Master’s Degree in Reservoir Evaluation and Management from the Heriot-Watt University, Edinburgh, Scotland, with a focus on oil field operation (petroleum economics, production and drilling), reservoir engineering, reservoir concepts, reservoir sedimentology, formation evaluation, well testing and production, reservoir simulation, rock mechanics with geophysics and modeling with management.

In 2014, he undertook a professional course in petroleum engineering at the Imperial College, London; holds a certificate of completion in Well Surveillance Principles and Reservoir Management; holds a Certificate of Completion of Petrad course in Petroleum Economics; holds a Certificate of Completion of 8-weeks Petrad course in Petroleum Policy and Resource Management; and a Certificate of Completion in New Era in Oil, Gas and Power Value Creation (Project Economics).

Mr. Okley worked as a Research Scientific Officer at the Ghana Atomic Energy Commission from 2005 to 2007. He worked as a Petroleum Engineer at the Ministry of Energy from 2008 to 2012; and served as Acting Head of Upstream of the Petroleum Division of the Ministry of Energy from 2013 to 2017.

He has been involved in the monitoring of the implementation of the Offshore Cape Three Points (OCTP); a member of Government Negotiation Team that negotiated Petroleum Agreements with International Oil Companies; was the Ministry’s representative on the Gas Power Infrastructure Committee for the implementation of OCTP gas project; and co-ordinated the development of the Gas Master Plan.

He has a good understanding and experience in Ghana’s Petroleum Regulations as member of the team that developed regulations; has strong Reservoir Engineering skills in Raven, Eclipse, TerraStation, Petrel, and Pansystem; and has extensive exposure in the Oil and Gas industry.

He is a native of Nungua, in the Greater Accra Region, and is married with four (4) boys.