• About
  • Advertisements
  • Terms of Use
  • Contact
Friday, October 24, 2025
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Akufo-Addo commissions oil services centre in Takoradi

by Features
November 25, 2024
akuffo-addo
SharePost to XSendShareSend

President Nana Addo Dankwa Akufo-Addo has commissioned an oil and gas services centre at the Takoradi Port in the Western regional capital.

The government-funded project, estimated at $101 million, was executed by China Harbour Engineering Company in 2022.

It has a 550-meter quay wall and fittings installed at a 10-meter dredged berth pocket, 1.9 kilometres of access roads, utility services, and a 20-hectare serviced storage yard.

The project aims to establish a world-class, shore-based logistics platform within the Takoradi Port, featuring offshore supply vessel facilities and a serviced waterfront land to support offshore oil and gas exploration and production operations.

Before the commissioning, President Akufo-Addo said the project was a bold testament to the progress the country was making to position her as a leading hub of oil and gas services in West Africa.

The facility, he said, would not only streamline offshore supply services but also enhance heavy engineering and fabrication activities that were vital to petroleum exploration and drilling campaigns “within our reach by offering a comprehensive suite of services”.

“This terminal will strengthen Ghana’s position as a competitive destination for oil and gas operations,” the President said, describing the facility as a hallmark of modern engineering and innovation.

“It provides a one-stop solution for the petroleum exploration industry, enabling efficient transformation of essential resources, supplies, and personnel to and from offshore operational zones to reduce transit times and costs,” President Akufo-Addo stated.

Again, through optimised supply chain management, he said the oil and gas terminal would create employment opportunities, foster the transfer of advanced technology, and support local industries to thrive in the competitive global oil and gas market.

“Today, we celebrate not just the commissioning of a facility but the realisation of a vision; one that cements Ghana’s place as a leader in the oil and gas service sector and as a beacon of economic resilience and transformation,” he added.

President Akufo-Addo recalled inaugurating the Atlantic Container and Multi-purpose Terminal two years ago and the new dry bulk terminal, which were critical investments in port infrastructure.

“Today, we gather once more to mark the realisation of yet another transformative project; one that underscores the unwavering commitment of my government to enhancing Ghana’s economic competitiveness through modern infrastructure,” President Akufo-Addo stated.

The President explained that such projects were critical to ensuring that “our ports remain competitive not only as gateways for international trade but also as enablers of regional integration and economic growth”.

Keta Port

“I must also highlight ongoing efforts to realise my government’s vision of establishing Ghana’s third commercial port in Kedzi within the Keta Municipality in the Volta Region. Substantial progress has been made, including feasibility studies, stakeholder engagements, and an environmental impact assessment. I’m acutely aware of the anticipation and enthusiasm of the people of the Volta Region for this project,” President Akufo-Addo stated.

The Minister of Transport, Kwaku Ofori Asiamah, thanked President Akufo-Addo for his support to the sector in the past eight years, saying his interventions had changed the Takoradi Port.

The Western Regional Minister, Kwabena Okyere Darko-Mensah, also thanked President Akufo-Addo for giving the region “this remarkable project.”

The Director-General of the GPHA, Michael Luguje, urged all players in the oil and gas industry who had their warehouses scattered across the Sekondi-Takoradi Metropolis to relocate to the new terminal for a one-stop shop service.

 

Source: Graphic Online

*****
Never miss out on the news. Get your valuable breaking news and other vital content by following The Sikaman Times on WhatsApp Channel

*****

Advertisement Advertisement
Tags: FeaturedPresident commissions oil services centre in Takoradi
ShareTweetSendShareSend
Previous Post

Police pick Wontumi FM/TV presenter for alleged publication of false news

Next Post

EC debunks claims of separate voting dates for presidential candidates

Related Posts

Forestry Commission rallies journalists to lead climate reporting revolution
General

Forestry Commission rallies journalists to lead climate reporting revolution

October 24, 2025
3 days of national mourning declared for late Mrs. Rawlings
General

3 days of national mourning declared for late Mrs. Rawlings

October 24, 2025
Galamsey: More groups threaten action if Gov’t fails to ban practice
Banking & Finance

Gov’t revokes 278 small-scale mining licenses over breaches + List

October 24, 2025
BoG, FIC tighten AML rules, extend oversight to crypto, virtual assets
Banking & Finance

BoG, FIC tighten AML rules, extend oversight to crypto, virtual assets

October 24, 2025
Asiama calls for bank–fintech synergy as BoG pushes open banking
Banking & Finance

Asiama calls for bank–fintech synergy as BoG pushes open banking

October 24, 2025
Former First Lady Nana Konadu Agyeman-Rawlings dies at 76
Business

Former First Lady Nana Konadu Agyeman-Rawlings dies at 76

October 23, 2025
Next Post
NDC’s claim of inserting unqualified aspirant false – EC insists

EC debunks claims of separate voting dates for presidential candidates

  • MultiChoice agrees to enhance value on DStv packages for Ghanaian subscribers

    MultiChoice agrees to enhance value on DStv packages for Ghanaian subscribers

    3 shares
    Share 1 Tweet 1
  • Wontumi leaves EOCO custody after meeting bail conditions

    3 shares
    Share 1 Tweet 1
  • YEC swears in 170 youth MPs and Ministers, founder urges greater stakeholder collaboration

    19 shares
    Share 8 Tweet 5
  • Asiama calls for bank–fintech synergy as BoG pushes open banking

    1 shares
    Share 0 Tweet 0
  • Ghana’s embassy in Washington DC to reopen May 29

    3 shares
    Share 1 Tweet 1
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Forestry Commission rallies journalists to lead climate reporting revolution

Forestry Commission rallies journalists to lead climate reporting revolution

October 24, 2025
3 days of national mourning declared for late Mrs. Rawlings

3 days of national mourning declared for late Mrs. Rawlings

October 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2024 - The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2025
The Sikaman Times