According to him some oil companies have specialized in “beating the system”, whilst other rely on local and foreign experts to expose the weaknesses in the laws for their exploitation, yet there are others who cry above the roof about how expensive local content could be to their operations.
He said the government would therefore strengthen the Petroleum Commission to pursue the bad companies in the industry, noting that it was also important for operators to stop viewing local content requirements as just obligations but rather consider them as strategic derivers in project delivery that enhance strategic partnership with host governments and legitimize their long term commercial objectives.
Dr Adam said this at the opening of the three day 2018 Local Content and exhibition Conference in Takoradi under the theme “Five years of Local Content Achievements and challenges”.
The conference organised by the Petroleum Commission is being attended by
