According to Mr David Ampofo, the chamber’s Chief Executive Officer, the upstream petroleum chamber has three main concerns.
We follow a win-win policy for both the government and the companies that make up our membership. “These companies include exploration and production companies, international service companies, and Ghanaian service companies,” Mr. Ampofo explained.
He emphasized the tendency to overlook existing investors when seeking new investments.
“I believe that, while attracting new investment is important, we often overlook the fact that there are already some major investors in the sector with whom we must collaborate.” It is not enough to simply invite investors in and leave them alone.”
“After all, it would be much easier for existing investors to make additional investments than it would be for entirely new investors, “He stated.
When asked about the state of oil production in Ghana, the GUPC CEO suggested that new oil-producing fields be brought online to address the current decline in oil production.
Mr. Ampofo’s interview with the Business and Financial Times came at a time when many industries were grappling with the realities of a post-covid world.
He stated that, “The Chamber will work hard to bring together the best ideas from its membership in order to promote the industry in Ghana.”
