Application of Business Frameworks to Evaluate Growth Strategies for Indigenous Companies in the Upstream Oil & Gas Sector: A Case Study for Ghana and Ivory Coast
Article from: OGEL 4 (2023), in Africa
Abstract
Ghana and Ivory Coast have developed several localization strategies for their emerging oil and gas industry. Both nations envision to strengthen their local oil and gas industry, maximize profit from exploration and production activities, and develop a strong local mastery of technology and skills. This study analyzes the growth strategies of indigenous companies to gradually penetrate the upstream petroleum sector in Ghana and Ivory Coast. Two promising actors operating within the upstream oil and gas sector in Ghana and Ivory Coast were utilized as case studies: Springfield Energy and ...