It is imperative that a nation upon discovery of the resource puts the necessary measures in place to promulgate a judicious acquisition of optimum benefits from the resource. This is because Oil and Gas is a non-renewable natural resource while the industry is also often times saddled with a complexity of ensuing issues.
One such critical measure is the policy framework on local content and local participation. It has been labeled as the most reliable instrument to advance the stake of the people of the nation in the Oil and Gas industry in a sustainable manner.
This policy framework essentially seeks to carve a comprehensive course for Ghana in her quest to realize the maximum benefit from her Oil and Gas industry. In this regard, the Ministry of Energy with recourse to its mandate pooled all available resources and also tapped into the rich experience of other producer countries to develop this policy. Thankfully, Ghana discovered Oil and Gas at an opportune time that we have an enviable democracy, a promising economy which thrives on a stable political environment, good governance, a welcoming business climate and the rule of law. The combination of these conditions and a sound policy framework should provide a solid basis for prudent management of the oil and gas sector.
The government and people of Ghana by this policy framework seek to ensure capacity development in terms of employment of Ghanaians, use of Ghanaian goods and services, transfer of technology and know-how, indigenization of knowledge and ownership.
Asking Price Available On Request
Sales Operating at Breakeven
Profit Available On Request
You May Also Like
Upstream Oil Well and Drilling Company #339392 posted Aug 30, 2013
- Over $20,000,000
I am looking for a partner so that we can work together as Joint Venture in the Ghana Oil industry as to Upstream Company in Ghana and around the African content as Oil and Gas Exploration and Production I am a newly formed company that will specialize in Drilling & Completion Services, Exploration...
Oil & Gas Prospects In Argentina #465372 posted Mar 25, 2017
- Santa Cruz, Argentina
In 2012-2014 the Company performed an O&G exploration survey of two groups of the license blocks totaling more than 28,000 sq. km area in Austral and Golfo San Jorge basins in the province of Santa Cruz (Southern Argentina). An extensive study of the area using the Company’s proprietary STeP® technology...
Rogersville Farmout HBP Deep Rights WV $50/acre #404570 posted Apr 8, 2016
- West Virginia, United States
Farmout of Deep Rights Only. Rogersville Dry Gas Area. Room for Horizontals up to 10,000' in length. Optimal Development from a single multi well Drilling Pad Contiguous Boundary 1044 Acres M/L. Thick Rogersville Section. Upside in other formations WV deep well definition-Onondaga...
Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.