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sharing in governance of extractive industries

It has to be a two-way relationship, Kosmos Energy tells media

George Sarpong, Director of Corporate Affairs at Kosmos Energy, has assured the media that his outfit is open and ready to build good working relationships with them. “It has to be a two-way relationship based on trust and mutual respect,” he said. 

Dr Adam (in Suite) standing with Abraham participant welcomes George and Manhas at extreme right.

The media needs to build good relationships with its constituents so they (sources) will feel comfortable sharing information with them and vice versa, he observed.

 Mr. Sarpong noted the importance of taking a long term view when it comes to cultivating trusted sources. The information provided by a good source can enhance stories for publication. Rushing to publish without checking facts or giving a subject a chance to comment can damage a journalist’s credibility. In contrast, delaying a story’s publication for a day while verifying facts can strengthen a journalist’s story and result in a more authoritative article.

 

About 25 selected journalists doing a six-month media fellowship in Oil and Gas in Accra provided by the Africa Centre for Energy Policy (ACEP) had the opportunity to listen to Mr. Sarpong and Senior Vice President, External Affairs of Kosmos, Reg Manhas when they visited ACEP. They pledged to support the on-going training of journalists from various media houses.

Training

In speaking to the class, Mr. Manhas noted that writing accurately about the oil and gas industry can be difficult because it is such a complex subject. Even experienced journalists often need constant and frequent training to stay abreast of key issues and produce well-informed coverage.

To this effect, Kosmos Energy has been proactive in engaging the media to enable them understand the workings of the sector. Mr. Manhas cited Kosmos’ experiences in Senegal and Mauritania where similar training programs have been organized with the goal of building a trust and credibility.

 Mr. Manhas praised ACEP for undertaking the bold initiative of providing for the gathered journalists and pledged support to enhance the training.

 ACEP

 Dr. Amin Adam, who delivered the lectures, revealed how the next training will be offered to members of Parliament later this year. A well-known energy economist, Dr. Amin Adam noted that the country needs seasoned reporters familiar with the industry to help promote accountability and transparency among government, private enterprise, and civil society.  “Kosmos must be praised for being transparent in its dealings, unlike some companies that are not forth-coming with information when other stakeholders ask about their activities,” the economist said. 

 Dr. Adam, whose organization presented the course free of charge, returned to the value of transparency as he closed his remarks, asking that all players be forthcoming with relevant information concerning their activities in the industry.

Kosmos Energy Senegal (World oil)

 Kosmos’ exploration success is not limited to Ghana where it discovered the Jubilee Field.  With four major discoveries offshore Mauritania and Senegal within the last year, Kosmos has opened one of the world’s largest new petroleum systems. With the Tortue-1 and Ahemyim-2 wells in Block C8 offshore Mauritania and the Guembeul-1 well offshore Senegal, Kosmos has discovered a world-class gas field that extends into both countries. Kosmos has entered into a Memorandum of Understanding (MOU), signed by Société des Pétroles du Sénégal (Petrosen) and Société Mauritanienne Des Hydrocarbures et de Patrimoine Minier (SMHPM), the national oil companies of Senegal and Mauritania, which sets out the principles for an intergovernmental cooperation agreement for the development of the cross-border field.

George Sarpong, explains  to the class.

Separately, the Marsouin discovery, located approximately 60 kilometers north of Tortue, was announced in November 2015 as a significant, play-extending find.  With this success, the company has growing confidence in its understanding of the regional petroleum system and continues to believe that it holds both gas and oil.

 

Source Seibik Bugri.

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