George Mensah Okley, an energy expert, has taken over as the new Managing Director (MD) of the Bulk Oil Storage and Transportation (BOST) company.
Mr Mensah Okley replaces Alfred Obeng Boateng, who was sacked by President Akufo-Addo recently.
Mr Boateng’s reign as BOST MD was beset with numerous allegations, including the sale of contaminated fuel to some private firms.
The new MD is believed to have an in-depth knowledge of the petroleum sector and its value chain.
He is expected to reposition BOST and redeem its tainted image.
Mr. Mensah Okley has over a decade of experience in the industry, having working with the Ministry of Energy.
He played a key role in Ghana’s Petroleum Policy Development and Implementation.
He holds a Bachelor of Science Degree in Chemical Engineering from the Kwame Nkrumah University of Science and Technology (KNUST).
The new MD also holds a Master’s Degree in Reservoir Evaluation and Management from the Heriot-Watt University, Edinburg, Scotland, with focus on oil field operation, reservoir engineering, reservoir concepts, reservoir sedimentology, formation evaluation, well testing and production, reservoir simulation, rock mechanics with geophysics and modeling.
In 2014, Mr. Mensah Okley undertook a professional course in petroleum engineering at the Imperial College, London.
He previously served as a Research Scientific Officer at the Ghana Atomic Energy Commission from 2005 to 2007 and served as petroleum engineer at the Ministry of Energy from 2008 to 2012.
From 2013 to 2017, he was the acting Head of Upstream of the Petroleum Division of the Ministry of Energy, and has equally been involved in monitoring of the implementation of the Offshore Cape Three Points (OCTP).
The new BOST boss was a member of the team that developed regulations for the sector.