IBM Petroleum Limited has been crowned the Best Growing Oil and Gas Company at the just ended 9th edition of the Ghana Oil and Gas Awards (GOGA) held at the Kempinski Gold Coast Hotel in Accra.

The award was in recognition of the company's dedication and commitment to building the Oil and Gas industry as well as advocating for best practices in the Energy sector.

Speaking to the media after receiving the all important honour, Managing Director, Michael Owusu Asiedu was extremely grateful to God, their clients and vendors all across the country and beyond.

He thanked the committed staff and partners for their unflinching support over the years.

"It was a tough journey but I would like to say a big thank you to God Almighty for answering our prayers and the organisers for putting up such a credible events. I am really grateful," he said.

The Ghana Oil and Gas Awards organised by Xodus Communications Limited in partnership with the Ministry of Energy and Petroleum and Graphic News Plus is a platform for the Oil and Gas industry to demonstrate and celebrate the advances made in key areas such as stewardship, efficiency, innovation, leadership, corporate social responsibility, health and safety.

This year's event was fun-filled with lots of exceptional performances from Comedian Hogan, God's Gift Brass Band and many others.

It was also the perfect opportunity to highlight the profile of stakeholders within the industry, gain peer recognition and further heighten visibility with professional audience.

IBM lifted 62,954,500 litres in 2021 against 44,329,000 litres in 2020 and 71,284,500 litres as at September, 2022.

The company grew its market share from 1.12 in 2020 to 1.41% in 2021 and 1.80% as of September, 2022.

In 2021 December, IBM was listed among the best 20 performing OMCs by NPA. IBM was number 16. As of the second quarter of 2022, IBM had risen to the 11th position.

The company has about 58 fuel outlets across the country.