PETROLEUM COMMISSION, TULLOW GHANA TRAIN SUPPLIERS ON ETHICS & COMPLIANCE
Ghana’s upstream oil and gas industry regulator has expressed concern that there are still significant barriers for indigenous Ghanaian companies’ participation in the country’s oil and gas industry, more than six years after the implementation of Local Content and Local Participation regulations.
The Petroleum Commission says as it is now, only a fraction of spending by the international oil and gas companies (IOCs) and major service companies are done in-country and to Ghanaian companies.
The Chief Executive Officer of the Petroleum Commission, Egbert Faibille Jnr. made this known during a joint virtual supplier training on ethics compliance organized by the Commission and Tullow Ghana Limited.
The training would go beyond satisfying the requirements for tendering and help equip indigenous companies with the relevant knowledge, and also help them incorporate global best practices in their business operations. It would also not only make them highly competitive for Tullow bids, but a supplier of choice according to global oil and gas standards.