2019LOCAL CONTENT Conference & Exhibition Theme: Maximising in-country Value Addition: the role of Indigenous Ghanaian Companies (IGCs) in Joint Ventures (JVs) in the Upstream Petroleum Sector Organised by Promote sustainable and cost efficient petroleum activities for the overall benefit and welfare of Ghanaians Monitor and ensure compliance with national policies and laws related to petroleum activities Ensure compliance with Health, Safety and WHAT environmental standards in petroleum WE DO activities Promote local content and local participation Harmonious co-existence between communities and industry players Promote Ghana’s hydrocarbon potentials Welcome Note from MINISTER FOR ENERGY Hon. John-Peter Amewu It is a great pleasure to welcome you to the 6th Local Content Conference and Exhibition, 2019 being hosted by the Petroleum Commission, Regulator of the Upstream Oil and Gas industry in Ghana. Local content promotion has become an integral of the Petroleum (Exploration and Production) Local aspect of the international oil industry in ways that Content and Local Participation Regulations, 2017 (L.I a decade or so ago would have seemed quite 2204), strategise on how we can collectively improve unlikely. Today, the concept has gained currency well the process to increase local participation and ensure beyond Africa and is on the agenda for International maximisation of in-country value addition across the Development Agencies and countries like Brazil, Mexico entire value chain. and Chile, Oman, Kazakhstan, Indonesia as well as It is imperative that the Oil and Gas resources benefit many more emerging natural resource endowed Ghana’s economy beyond the direct contribution nations. to Gross Domestic Product (GDP). Industry must Though the concept has gained a lot of global traction work together to build the requisite capabilities of and support for key industry stakeholders, many of indigenous businesses, engender symbiotic growth and the countries mentioned above, including Ghana competitiveness, and also create jobs and wealth for have had to or continue to navigate many hurdles the citizenry. This is how we can build Ghana beyond in implementing their local content policies and Aid. supporting legislation. This status quo therefore requires We are looking forward to an excellent Conference continuous engagements and consultative sessions and Exhibition with stimulating plenary and panel such as this to shape the best way forward. discussions. I personally urge you to participate keenly The theme for this year’s conference is “Maximising in- in the various sessions and share your thoughts on how country value addition: the role of Indigenous Ghanaian we can together build resilient indigenous businesses Companies (IGCs) in Joint Ventures (JVs) in the that are ready to lead within the international space. upstream petroleum sector”. I believe it will offer us the To our special guests from around the world, and all of opportunity to take a deeper look into the performance you we say Akwaaba!!! of Indigenous Ghanaian Companies since the passage 01 2019LOCAL CONTENT Conference & Exhibition Welcome Note from AG. CHIEF EXECUTIVE OFFICER (PC) Egbert Faibille Jnr. I am honoured to welcome you to the 6th edition of the Local Content Conference and Exhibition (LCCE), the flagship local content event of the Oil and Gas industry in Ghana which has gradually become the most vibrant and compelling event in Ghana’s oil and gas sector. This year’s edition of LCCE is themed: “Maximising Ladies and Gentlemen, for the duration of the 2019 in-country value addition: The Role of Indigenous LCCE, we anticipate an environment for us to learn Companies in Joint Ventures in the Upstream Petroleum about the major challenges facing local content Sector”. development, brainstorm on the way forward, enhance our knowledge and expand our respective professional Since its inception, and over the past five years, LCCE networks. has grown to be a national, and gradually a regional conference, creating a strong and much-anticipated This edition of LCCE involves the following: platform for the exchange of policy ideas on local • Over 40 presentations covering all varied areas content development as well as a convenient hub of interest to discuss pertinent issues and share for networking and building of strategic business critical knowledge relationships. • An exhibition with 60+ companies As you would realise, this year’s programme features various thought-provoking sessions covering a wide • A cocktail networking session variety of subjects considered very germane to the I have no doubt that we shall benefit from this event for deepening of local content in Ghana and maximisation the betterment of our submissions and mandates. of in-country value addition. Thank you! We are also privileged to host our international delegates from Brazil, Nigeria, Trinidad and Tobago, Uganda and Mozambique to share their experiences and expertise with us in Ghana. 02 How is tax technology re-defining your tax landscape? ey.com/taxtech #BetterQuestions © 2017 EYGM Limited. All Rights Reserved. ED None. All Rights Reserved. Limited. © 2017 EYGM 03 2019LOCAL CONTENT Conference & Exhibition Profiles HON. JOHN-PETER AMEWU is the Minister for Energy in Ghana. He holds an MBA (Finance) from University of Ghana, a Post Graduate Degree (Executive MBA in International Energy Industry Management), and Masters in Petroleum Law and Policy from University of Dundee (UK). He is a Cost Engineer by profession with broader knowledge in the Energy and Mining Industry. He is a co-founder of Africa Centre for Energy Policy – ACEP; and worked as the Director of Policy and Research where he provided pro-active and comprehensive policy related advice to support a variety of Government and Private Sector Projects. He has more than 15 years’ experience in Government, Private Sector, Civil Society and International Development Organisations. His contributions in providing solutions to the problems in the Energy Sector in Ghana have earned him both local and international acclamation and recognition. DR. MOHAMMED AMIN ADAM is a Deputy Minister for Energy, responsible for the petroleum sector. Before then, he was the Founder and Executive Director of the Africa Centre for Energy Policy (ACEP). He previously worked in other public and private organisations as - an Energy Policy Analyst at the Ministry of Energy in Ghana, Commissioner of Ghana’s Public Utilities Regulatory Commission; a former Deputy Minister of State for the Northern Region; and former Mayor of Ghana’s third city of Tamale. He was also the Africa Coordinator of extractives industries in Ibis. Globally, he has worked extensively on extractive industries and resource management. Dr. Adam holds a PhD. in Petroleum Economics from CEPMLP of the University of Dundee in the UK specializing in petroleum fiscal systems and contracts, fiscal policy in resource-led economies; and resource governance. He also holds an MPhil (Economics) and B.A. (Hons) Economics from the University of Cape Coast; and is a Fellow of the Institute of Certified Economists of Ghana (ICEG). HON. JOSEPH CUDJOE is a Deputy Minister for Energy, responsible for Finance and Infrastructure. He is also the Member of Parliament for Effia Constituency. Hon. Cudjoe served as a member of the select committee of Mines and Energy in the 6th Parliament of Ghana and the Vice Chairman of the same committee in the current Parliament. Prior to his political career, Hon Cudjoe was the Investment Manager of Ghana Cocoa Board (COCOBOD) for eight and a half years. His professional experience spans industrial training, financial investment management consultancy, and data analysis, an experience that he built through the lecturing of Financial and Investment Management, Quantitative Techniques, Statistics, and Production and Operations Management. Hon. Cudjoe holds BSc. Mathematics and MBA Finance degrees from University of Science and Technology, and the University of Ghana respectively, after pursuing his secondary education at Fijai Secondary School. 04 05 2019LOCAL CONTENT Conference & Exhibition Profiles EGBERT FAIBILLE JNR was appointed Ag. Chief Executive Officer of the Petroleum Commission in August 2017. A lawyer by profession, called to the Ghana Bar in October 2004, Mr. Faibille Jnr. was prior to his appointment, the Managing Partner at Faibille & Faibille, a law firm in Accra. Mr. Faibille Jnr. was also the Ghana Country Communications Representative of the West African Gas Pipeline Project (WAGP) when the Project was at its definitional phase and the Corporate and Regulatory Affairs Manager at the British American Tobacco (Ghana). As the CEO of the Commission, he has a keen desire to promote Local Content and Ghanaian Participation in the oil and gas industry. As such, these have been the underlining factors driving all projects that have been undertaken under his leadership. KWAKU BOATENG is an Energy Economist with over 20 years senior management & leadership experience in the oil and gas industry and proven record of Oil and Gas Project Management, Regulation and Energy Policy formulation. He has an excellent knowledge of the commercial, policy and regulatory issues in the sector. Currently, he is a Director for Local Content at the Petroleum Commission, Ghana (a Petroleum Upstream Regulator). He was a member of the Project Implementation Committee that set up Ghana National Gas Company and prepared the Project Execution Strategy for Natural Gas Project. He later worked