Ghana’s ambition to establish a world-class petroleum and petrochemical complex has received a major boost following the signing of a Memorandum of Understanding (MoU) between the Petroleum Hub Development Corporation (PHDC) and Mannschaft Engineering and Infrastructure Systems, a Ghanaian firm, on Wednesday, August 13, 2025.

Under this strategic partnership, Mannschaft Engineering and Infrastructure Systems will provide financial, logistical, and technical expertise to advance the transformative Petroleum Hub project.

As part of the agreement, Mannschaft is required to contribute GH¢150 million as partial compensation for landowners whose properties fall within the 20,000-acre site earmarked for the project.

The company will also play a key role in resettling communities affected by Phase One of the initiative, while providing financial, logistical, and technical support for the construction of the initial phase. This includes an additional investment of GH¢150 million into the petroleum hub project.

At the signing ceremony, Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC, expressed strong optimism, describing the agreement as a monumental step toward securing compensation and paving the way for the project’s commencement.

“This partnership is a tremendous relief. Securing even half of the required funding for compensation alleviates significant pressure on the PHDC and accelerates our timeline for developing the Petroleum Hub.”

Dr. Aubynn emphasized the transformative potential of the collaboration, expressing unwavering confidence that Mannschaft’s involvement will expedite construction and ensure high-caliber engineering and logistical services for Phase One.

He lauded Mannschaft, a Ghanaian enterprise, for its bold investment in the hub and urged other local firms to follow suit, reinforcing the project’s role as a catalyst for national development.

“I am elated to witness this milestone, the culmination of extensive behind-the-scenes efforts. This MoU secures funding for Phase One compensation, and I am confident that both parties will uphold their commitments. The PHDC is fully dedicated to implementing measures to achieve the agreement’s objectives.” On behalf of the Minister of Energy and Green Transition and His Excellency President John Mahama, Dr. Aubynn thanked Mannschaft for their consistent commitments to the project and hoped the MoU shall translate into actionable projects,

Maxwell Adu, Chief Executive Officer of Mannschaft Engineering and Infrastructure Systems, hailed the Petroleum Hub as a visionary endeavor to position Ghana as a leading energy and industrial hub in Africa.

He affirmed that Mannschaft’s mission aligns seamlessly with the hub’s objectives, pledging to leverage the company’s expertise in energy and logistics to drive the construction of Phase One and contribute to a project poised to revolutionize Ghana’s energy sector.

What's next after the MoU

Following the signing of the MoU, Mannschaft will disburse GHS150 million to the Lands Commission as partial compensation for affected landowners.

Subsequently, the Lands Commission will issue an administrative fiat, formally declaring the acquisition of the designated land and outlining the process for compensating impacted individuals and families.