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Onus on Guyana to train citizens to meet local-content demands

Ghanaian O&G expert says

THERE are numerous similarities between the emergence of the Oil and Gas (O&G) industry in Guyana and Ghana, with much to be learned from in the areas of local content, contract negotiation, transparency and revenue investment.

At the just-concluded Guyana International Petroleum Exhibition (GIPEX) 2019, Chief Executive Officer (CEO) of Africa Energy Consortium, Ghanaian politician, lawyer and diplomat Kwame Jantuah detailed some of those lessons at reference.
Presenting on ‘The Evolution of Local Content: The Ghanaian Example’, Jantuah said that when Ghana found oil, its main concerns were how were they going to spend the revenues with no legislation in place at the time, and how it would ensure that its people would benefit.

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