Business
Ghana’s Petroleum Commission Chief Executive Officer (CEO) to Speak at Invest in African Energy Dubai Reception
At the Invest in African Energy Dubai reception, Egbert Faibille, the CEO of the Petroleum Commission of Ghana, will deliver a presentation on Ghana’s Energy Sector with the aim of enticing prospective investors to the region
JOHANNESBURG, South Africa, March 24, 2023/APO Group/ —
The African Energy Chamber (AEC) (www.EnergyChamber.org), the voice of Africa’s energy sector, is pleased to announce that Egbert Faibille, CEO of the Petroleum Commission of Ghana, will speak at the Invest in African Energy Reception in Dubai on March 30, an event hosted with the aim of providing investors from the United Arab Emirates (UAE) an opportunity to connect with African executives and explore new partnership possibilities.
Faibille will accompany Hon. Matthew Opoku Prempeh, Ghana’s Minister of Energy, as well as members from the commission including Ebenezer Koranteng Harmah, Manager for Project Evaluation and Benedicta Reinarh, Senior Geophysicist.
Since assuming the role of CEO in 2017, Faibille has demonstrated a deep commitment to advancing Ghana’s energy sector. His appearance at the Invest in African Energy Dubai reception carries significant weight as he represents one of Africa’s leading hydrocarbon powers with potential reserves exceeding 5 billion barrels of oil and 1.72 trillion cubic feet of gas. His presence is poised to play a pivotal role in spotlighting crucial gas projects, innovative energy initiatives and the immense potential for attracting investments from the UAE’s energy sector to Ghana and the broader African energy market.
Faibille holds a critical role in spearheading the expansion of Ghana’s oil and gas industry. As head of the Petroleum Commission, he oversees the vital task of regulating, managing and coordinating all upstream oil and gas operations in the country. Leveraging a productive and industry-focused regulatory approach, the commission is propelling growth in Ghana’s energy sector, elevating it to a highly desirable investment destination. Collaborating closely with the Ministry of Energy, the commission has established Ghana as a competitive prospect for upstream investment, resulting in a significant surge in oil and gas exploration and development.
Faibille’s participation at the Dubai reception will provide insights which aims to further promote Ghana’s energy sector at the event
The commission is also seeking to work with frontier E&P players to explore untapped basins and attract new entrants in the upstream market. Among the notable accomplishments in Ghana is the Jubilee oil field, producing 150,000 barrels per day; the 3.4 million-ton Tema Liquified Natural Gas terminal; the sizeable discovery by Springfield E&P in the West Cape Three Points Block 2 area; the 1,000 MW Sankofa gas-to-power project; and the West African Gas Pipeline project which aims to transport natural gas from Nigeria to countries in West Africa including Ghana.
In February 2023, Ghana advanced its gas infrastructure and resources to ensure energy security, with the Ghana National Gas Company signing an agreement for the construction of a second gas processing plant with a capacity of 150 million standard cubic feet per day. Additionally, the government is collaborating with stakeholders such as Tullow Oil to maximize exploration and production in the oil sector, aiming to optimizing resource exploitation and monetization to meet local, regional and global energy demand as well as fostering economic development.
As such, the outlook for Ghana’s oil and gas industry is promising, as recent discoveries suggest that oil and gas resources extend along the country’s coastline from Cape Three Points in the west to Keta in the east. Onshore, the Volta Basin is also believed to contain significant oil and gas reserves. Ghana’s oil and gas industry offers attractive growth opportunities and substantial returns on investment for global investors. Moreover, the country’s appealing energy regulatory framework makes it an enabling environment for investment in the sector.
With a business climate that is creating enabling environments for investors, some of the world’s largest oil majors now participate in Ghana’s oil and gas industry. Among these actors are Aker Energy, Tullow Ghana, Vitol, Kosmos Energy, ENI, ExxonMobil, Anadarko Petroleum Corporation, Hess Ghana Limited, Springfield E&P, GNPC and others. Faibille’s participation at the Dubai event will highlight the contribution made by these major actors in Ghana’s energy sector as well as new opportunities for potential players.
“Ghana is among the most successful energy markets in Africa, with world-class projects positioning it as a regional oil, gas and power hub. The Petroleum Commission’s efforts to establish an enabling environment, implement market-driven policies and progressive legislature have accelerated growth and interest in the sector. Faibille’s participation at the Dubai reception will provide insights which aims to further promote Ghana’s energy sector at the event. The AEC will continue to support the efforts made by Faibille to enhance Ghana’s energy sector,” stated NJ Ayuk, the Executive Chairman of the AEC.
Taking place on 30 March 2023, the Invest in African Energy Dubai Event (https://apo-opa.info/3ECln4A) is open to all guests. RSVP is essential. RSVP to registration@aecweek.com.
Distributed by APO Group on behalf of African Energy Chamber.
Events
As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world
The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation
Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.
Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.
The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.
“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.
“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”
The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.
Key challenges driving the debate
Core focus areas for this year’s edition of The Africa Debate include:
This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy
Global Realignment & New Partnerships
How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.
Financing Africa’s Future
The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.
Strategic Value Chains
Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.
Digital Transformation & Technology
Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.
The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.
Registration is now open (http://apo-opa.co/46b19gj).
Distributed by APO Group on behalf of Invest Africa.
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