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ExxonMobil eyes return to Ghana – Energy Minister

US oil major, ExxonMobil has initiated moves with the government of Ghana in a bid to return to the West African country, Energy Minister Matthew Opoku Prempeh (Napo) has said.

In May 2021, ExxonMobil announced to the Ghanaian government that it was exiting the country’s upstream petroleum sector where it has been conducting exploration after acquiring rights in 2018.

Speaking at the official launch of the 9th edition of the annual local content conference and exhibition (LCCE) by the Petroleum Commission in Accra on Monday (23 October), Opoku Prempeh said: “ExxonMobil intends coming back to Ghana… we have already started talking.”

“Because, God didn’t put the oil and gas there for us not to utilise, if it means that we have to develop our skills and talent and do more carbon extraction, let us get on with it,” he said.

“But it also tells us that we must train and train Ghanaians and Africans in general to participate in the petroleum sector,” the energy minister added.

Forum
The forum is scheduled from Tuesday 21 to 24 November 2023 at the Best Western Atlantic Hotel, Takoradi.

This year’s conference also marks the 10th year of the passage of the Petroleum (Local Content and Local Participation) Regulations, 2013 (L.I.2204).

The event is on the theme “10 years of Local Content in Ghana’s Upstream Petroleum Industry: Achievements, Challenges and Prospects”, and is aimed at promoting local content and local participation in accordance with L.I. 2204.

It is expected to attract over 1,000 participants from key government institutions, civil societies, trade associations, financial institutions, academia, and representatives from other countries including Trinidad & Tobago, Guyana, Suriname, Angola, Nigeria, Brazil, South Africa, South Sudan, Senegal, Mozambique, Uganda, Kenya, and the United Kingdom.

Source: asaaseradio

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