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Wed. Apr 17th, 2024

Information reaching us has it that the Scottish Development International is embarking on a trade visit to Ghana, from the 19th -23rd of June. It is reported that this Scottish Oil and Gas visit is aimed at assisting to develop and build the Ghanaian oil and gas industry.

Speaking on the visit, Andrew Monaghan, Scottish International Trade Advisor for West Africa at Scottish Development International, in the United Kingdom, disclosed that there is a serious need to involve the local entity in pushing plans on Oil and Gas forward. He therefore underscored the reason why local content and local participation issues must be brought on the table.

“I am delighted to be bringing such a large trade delegation from Scotland, all of whom are interested in helping to develop and build the Ghanaian oil and gas industry for the benefit of its citizens. Sub sectors represented include education and training; subsea engineering; winches; electrical product distribution; well construction and engineering services; and remote communications systems.

“Awareness of the need to address local content and local participation issues is high and will also be discussed during roundtables.”

Andrew Monaghan stated that the visitation will be a sort of knowledge transfer engagement as delegates will be participating to share their ideas in the area of Oil and Gas. He noted that, having experienced a great deal in the sector as a company, is a great advantage for West Africans to leverage on.

“The Scottish Oil & Gas industry has faced challenges since the drop in oil prices, however, it has responded impressively through a combination of innovation, lowered costs and by engaging with new markets in West Africa.

“With the cost in the North Sea now averaging $15 per barrel, Scotland holds the position of the most competitive Oil & Gas industries in the world, it is our hope to share our success here in Ghana and across West Africa.”

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