The Petroleum Directorate of Sierra Leone extends agreement for the Getech Group’s Advisory & Support Services
Getech is pleased to announce a new agreement to provide advisory and technical support services to the Petroleum Directorate of Sierra Leone through its wholly owned subsidiary, ERCL.
The mission of the Petroleum Directorate is to facilitate the exploration and development of Sierra Leone’s petroleum resources for the long-term benefit of its people, through the development of regulatory guidelines and monitoring contract compliance, having due regard for the economy, the environment, safety, technology, as well as balancing the interests of the nation and investor.
ERCL Limited, a Getech Group company, has been working with the Petroleum Directorate since 2016, providing a long-term counterpart training programme for the Directorate’s technical team in Freetown, with initial funding from the World Bank’s EITAP programme.
The new agreement focuses on building a national database to transform access to data and information needed by organisations in the petroleum sector to help them make their investment decisions. To fast-track insight into the prospectivity of the region, ERCL will leverage its geoscience expertise and add value to the national database by developing a series of technical studies. In its commitment to capacity building, ERCL will also continue to provide technical support, technology transfer and counterpart training to the Petroleum Directorate’s technical team.
Getech’s CEO, Jonathan Copus, explains more about the benefits that Getech can offer to government agencies: “Having visited the Petroleum Directorate offices and met its team, headed by Director General Raymond Kargbo, I am excited at the prospect of broadening our long term relationships in Sierra Leone. Our Government Services team designs, manages and supports licence and bidding rounds for countries all over the world and we understand how to create an environment of benefit to both the government and investor.” The Getech Group has a long history of assisting Governments and National Oil Companies with License Rounds, Data Management, Capacity Building and Advisory services all over the world to develop their nation’s natural resources.
The work in Sierra Leone joins similar Getech Group projects in Africa, the Americas and Middle East.