President calls for more investment in oil

President Jerry Rawlings on Tuesday urged oil exploration companies to invest more in Ghana’s petroleum sector, PANA reported. He was speaking at an oil and gas conference organised by the Ghana National Petroleum Corporation. The conference brought together major players in the oil and gas industry to talk about exploration, production, trade, and finance. Rawlings told delegates that “the signs of good potential are there” and invited more investors to join in exploration activities in Ghana. Almost all of Ghana’s offshore area has been licensed to companies that have committed themselves to significant levels of investment, Rawlings added.