Ghana, Uganda deepen upstream petroleum cooperation through peer learning
The two sides also discussed the need to attract investment, manage petroleum resources efficiently, maintain strong environmental and safety standards and respond to changes in the global energy landscape amid the ongoing energy transition.
Ghana and Uganda have strengthened their cooperation in the upstream petroleum sector through a high-level peer-learning engagement organized by the Petroleum Commission. The meeting provided an opportunity for regulators from both countries to share experiences and strengthen regulatory capacity in areas such as legal and regulatory framework, expenditure oversight, health and safety, environmental standards, investment facilitation, and local content development.
Emeafa Hardcastle, CEO of the Petroleum Commission, emphasized that local content development is crucial for ensuring that citizens and local businesses benefit meaningfully from the industry. The delegation from Uganda expressed their gratitude for the opportunity to learn from Ghana's experience and to share their own lessons as they advance major upstream petroleum projects.
Brief written by urgent.news from Joy Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
