The company described last year as a challenging one for the company and some of its clients due to the difficult economic terrain, but it is still hopeful that this year holds some good prospects for business in Ghana at large.
Speaking in an interview with The Ghanaian Times in Accra the Chief Executive Officer of the company Phyllis M. Christian said the company had sought to put in place strategic plans and measures to guide the firm and its staff towards achieving its set goals and objectives this year.
“Our hard work last year was not a complete waste of our efforts, but we did not meet our expectations,” she said.
She said the company would seek to leverage on its expertise across the major sectors of the economy in the bid to turn around its fortunes this year.
Established in 2002 the company provides a variety of start-up legal consulting, business and contractual advisory services for clients, as well as registration services for new investors.
It also offers tax, immigration and other legal services, in addition to providing legal opinions and drafting both standard and complex agreements and memoranda for major global leaders.
The company has represented multinationals wishing to do business in Ghana, provides liaison and advocacy services, and undertakes substantive local representation, intermediary and other due diligence support services for those clients.
The company was adjudged the best law consulting firm of the year 2014 and 2015 at the Offshore Ghana Oil and Gas Awards held in Accra.
ShawbellCons, she said had further identified further prospects in Ghana’s fledging oil and gas industry where it had the unparalleled expertise to assist its clients to turn things round.
She said although, crude prices in the international market had recently dropped to an all-time low, she was optimistic of a market rebound in the future.
The Chief Executive Officer said in the meantime, oil production in the TEN Field scheduled for this year, presents opportunities for players in the local industry.
Tullow has published its half year results which show that the TEN project is on course and first oil will be pumped in mid 2016.
In an email to subscribers Tullow said business is re-set to meet the challenge of lower oil prices and that the first half of 2015 financial results is underpinned by strong oil production.
TEN Project in Ghana remains on schedule and on budget for first oil in mid-2016.
“Our company has been active in the oil and gas sector and we hope to build on our learning experiences to serve current clients and potential ones. Our staff have also been motivated to work harder this year,” she said.
She said the local content legislative framework offered a good opportunity for international players to provide skills transfer benefits to local companies.
She said the company would be more creative this year to identify more business opportunities, while also forging closer relationships with participants in the oil and gas industry.
Staff of the company are made up of professionals with backgrounds in law, finance, economics, agriculture, statistics, population studies, development, and IT.
Ms. Christian said her outfit is also hoping to provide more institutional reform services such as strategic planning, legislation reforms, baseline surveys, public financial management systems, and transaction advisory services in public-private partnerships, among others, to its clients this year.
“Last year, not all ministries, departments and agencies had the funds to support their reform programmes earmarked for last year. We are hoping that this year, the funds would be available to enable them to execute their plans, or even to assist them to find ways in which their own internally-generated funds can be increased” she said.
As part of its corporate social responsibility the firm has established the Skills Resource Network, an institution that trains graduates from tertiary institutions to equip them with the skills needed to enter into the job market.
“Many of our trainees also find jobs with the companies we consult for because of our track record of shaping the graduates to think more analytically, the way a consultant would,” she said.
She said the main focus of the company is to ensure that its clients get the high quality of service that they expect from the company.
“We want our clients to succeed and for their businesses to grow the role we can play in that is to ensure we keep them informed as regulatory frameworks develop and to provide the expertise and professional services they can rely on,” she said.
By David Adadevoh