GNPC, AGI Explore Partnership to Strengthen Ghanaian Businesses’ Participation in Upstream Petroleum
The Ghana National Petroleum Corporation (GNPC) and the Association of Ghana Industries (AGI) are exploring a partnership to expand opportunities for Ghanaian businesses in the upstream petroleum sector. The proposed collaboration aims to connect local businesses with industry opportunities and strengthen their capacity to meet technical, operational, and procurement requirements.
During discussions at GNPC’s Research and Technology Centre in Accra, the Corporation’s Chief Executive, Mr. Kwame Ntow Amoah, emphasised that greater local participation requires businesses to build their capacity and readiness to meet industry standards. He identified fabrication, industrial supplies, maintenance, and logistics as key areas of opportunity.
Mr. Ntow Amoah noted that technical competence, quality assurance, strong health and safety standards, reliable delivery and competitive pricing are essential for effective participation. He also called for a clear understanding of procurement processes and timely access to relevant industry information.
GNPC’s Director of Projects, Dr Albert Logdon Nyewan, provided an overview of the upstream petroleum industry and the Corporation’s mandate. His presentation outlined opportunities for AGI members, including in exploration, and the need to align their capabilities with sector requirements.
AGI President Mr. Kofi Nsiah-Poku welcomed closer engagement with GNPC, noting that improved access to information on industry requirements and investment opportunities would help members better position their capabilities. He encouraged businesses to build partnerships and pool resources to pursue opportunities beyond their individual capacities.
The Association’s Energy Sector Chairman, Mr Kwame Jantuah, proposed joint ventures to combine expertise and financial resources. He urged local companies to collaborate to strengthen their capacity and pursue opportunities in the sector.
Discussions also explored supplier development, sharing project and tender information, improving access to markets and finance, and raising awareness of local content, registration, certification, and industry qualification requirements.
As a next step, both institutions agreed to begin developing a Memorandum of Understanding (MoU) to guide the proposed collaboration, strengthen supplier readiness, and support greater Ghanaian participation in the upstream petroleum sector.