At Oil , Gas Awards: Take Centre Stage In Oil, Gas Industry –Deputy Minister Urges Ghanaians

The Deputy Minister of Energy , Dr Mohammed Amin Adam, has called on Ghanaians  to take centre stage in oil exploration  as the country continues to discover  more oil.

“ There are more opportunities ahead as more oil discoveries  are being  announced”,  he said at the 6th Ghana Oil  and Gas Awards(GOGA) held in Accra on Friday .

The award which is organised  by the  Exodus  Production  is held annually to recognise excellence in the oil and gas industry.

 Dr Adam said although three oil discoveries had been announced recently , it appeared Ghanaians  were not ready  for the opportunities  ahead.

Instead, he said Ghanaian companies had been fronting  for foreign companies  because they lacked the capacity to play central role in the industry.

 “ Build your capacity  and partner  with other companies in order to prepare yourselves  to take centre  stage”, he said.

Dr Adam said that although global investment  in oil exploration was dwindling , the government  had prioritised investment in oil exploration  in order to raise revenue  for national development.

He acknowledged  that oil prices were going down and “ when production  is going down , the only way to account for a higher contribution  to the economy  from  the oil  and gas industry is to be able to find more oil  and produce more oil to increase revenue.

“ This is why the government has prioritised crude oil production in the medium  to long term  and investing  to raise the revenue needed  for development.

 He applauded  organisers of the award , saying “ we deserve to celebrate the good things happening in the industry”.

 “We must continue  to celebrate  our successes , it is not bad news everyday . These are good news  and we must celebrate,” he said.

Mr Richard Abbey Jnr. of the Exodus Production  said the company had for the past  six years been awarded deserving  organisations in the upstream and downstream of the oil industry.

 He expressed gratitude to the sponsors of the awards  and pledged that  Exodus Productions  would continue  to ensure that excellence was rewarded in the oil and gas industry .

Dr Kofi Amoa-Abban- Rigworld International Services was declared  CEO of the Year (Upstream) and James K Ahiadome of James K Ahiadome Transport and Company  Limited won CEO of the year (Downstream).

Meridian Logistics and Engineering Limited won  Oil And Gas Logistics Company of the Year; Rev. Dr. Kwaku Frimpong –Frimps Oil won Enterprenuer of the Year (Downstream).

Oil and Gas Personality of the Year (Upstream)  went to S.N.Dowuona Owoo- Adonai Shipping Limited; while  Michael Bozumbil- Petroleum Solutions Ltd (Petrosol) was named Oil And Gas Personality Of The Year (Downstream).

Oil Marketing Company of the Year went  to GOIL Company Limited  and Bulk Oil Distributing Company of the Year went to Juwel Energy Limited.

Manbah Gas Company Limited was adjudged  Petroleum Retailer Of The Year and  Andev Company Limited won Promising Oil And Gas Company Of The Year (Downstream).

BY TIMES REPORTER

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