"CBOD CEO Calls for Increased Research and Education to Harness Local Content Development"

" CBOD CEO Calls for Increased Research and Education to Harness Local Content Development \r\n Dr. Patrick Ofori, CEO of the Ghana Chamber of Bulk Oil Distributors (CBOD), has underscored the critical gap in research and contextualization within Ghana\u2019s petroleum sector. He said this during a panel discussion at the Ghana International Petroleum Conference 2024. He lamented the scarcity of local research initiatives, citing a single book sponsored by the World Bank as the sole comprehensive study on skill gap analysis specific to Ghana. \r\n He\u00a0said,\u00a0\u201cWithout adequate research and tailored educational programs, the sector risks lagging behind in capacity building and technological adaptation.\u201d \r\n He reiterated\u00a0the crucial linkage between upstream and downstream operations, emphasizing the cascading effects across the value chain. Discussions pointed to similarities in trading dynamics between crude oil and refined products, underscoring the importance of standardized certification processes for pipeline construction personnel. \r\n However,\u00a0he raised concerns\u00a0about the limited number of Ghanaian institutions equipped with internationally recognized certifications, hindering effective partnerships and capacity development. \r\n Further, the forum explored issues of skill transfer and localization within multinational corporations operating in Ghana.\u00a0The CBOD CEO\u00a0noted the imperative of clear roadmaps for transferring knowledge and empowering Ghanaian professionals to assume leadership roles. The lack of emphasis on these aspects in downstream operations highlighted a significant gap in local content strategies, particularly in skill development and technology utilization. \r\n Addressing these challenges,\u00a0Dr. Ofori\u00a0called for a cohesive national agenda that prioritizes local participation and skill development across all facets of the petroleum sector.\u00a0He\u00a0stressed the need for proactive policies that not only mandate local content but also facilitate sustainable partnerships and technology transfer. \r\n Ghipcon is organized by the National Petroleum Authority, the\u00a0Ghana Chamber of Bulk Oil Distributors (CBOD),\u00a0and\u00a0the Association of Oil Marketing Companies under the auspices of the Ministry of Energy. \r\n "

"CBOD CEO Calls for Increased Research and Education to Harness Local Content Development"

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