Application for Registration Permit - New
We protect the social, environmental and economic livelihoods of communities that are affected by the petroleum activities of oil and gas companies.
Registration Guidelines For Upstream Petroleum Companies (Initial)
All companies which intend to operate in Ghana's upstream petroleum sector are required to register with the Petroleum Commission and be issued with a permit (renewable annually) before commencement of operations. Below is the process:
A. Acquisition of Application Pack
B. Submission of Application Form and Related Documents
JOINT VENTURE COMPANIES
For Joint Venture Companies, please also include the following:
1. A plan clearly stating:
a. the roles and responsibilities of the joint venture parties in the joint venture company;
b. the equity participation of the joint venture parties;
c. the strategy for the transfer of technology and know-how to the indigenous Ghanaian company.
2. Regulations of the Company covering, among other things, the following:
i. Shares structure and the shareholders rights (including classes of shares and voting rights).
ii. Reserved Matters
iii. Dividend policy
iv. Transfer of Shares & Pre-emptive Rights
v. Obligatory Transfer Events
vi. Board of Directors (Executive & Non Executive)
vii. Deadlock Provisions
viii. Tug Along Rights
3. Board resolution of the two companies approving the incorporation of the joint venture company.
4. Audited Financial Statement of the indigenous and non-indigenous Ghanaian companies for the last three (3) years.
5. Key Personnel (CEO, COO, CFO and other senior Management Personnel) and brief description of their jobs, mandates, roles and responsibilities.
1. All communications to the Petroleum Commission must be on the applicant company’s official letter head and addressed to the CEO of the Commission.
2. Application for the Registration Permit must be made by the corporate head of the company or an authorized representative.
3. An application shall be rendered void if forged or if it is detected that fake documents have been submitted. Sanctions may apply in accordance with the law.
4. Tax Clearance and SSNIT clearance certificates submitted with the application must be valid at the time of submission.
5. Information provided by an applicant on completed application forms that are submitted and processed by the Commission shall not be amended until the renewal of the Permit.
6. The Commission would review all applications and where necessary, may carry out site/facility inspections. The outcome of the review could be any of the following:
(i) Application rejected
(ii) Additional information required
(iii) Application Approved
Successful applicants would be required to pay appropriate fees based on their Annual Turnover (for already existing companies) or Projected Revenue (for newly formed companies) in accordance with The Petroleum Commission (Fees and Charges) Regulations, 2015 (L.I. 2221).
C. ISSUANCE OF PERMIT
Schedule for Submission of Applications - Click here
|Certificate of Incorporation||Registrar General's Dept.|
|Certificate to Commence Business||Registrar General's Dept.|
|Company Regulations (Company Code)||Registrar General's Dept.|
|Letter from Registrar General with Form 20 & 21 attached||Registrar General’s Dept.|
|Audited Financial Reports||Applicant|
|Valid SSNIT Clearance Certificate||SSNIT|
|Copy of Application pack receipts||Applicant|