The Association of Oil Marketing Companies (AOMC) in the Republic of Ghana has rebranded to the Chamber of Oil Marketing Companies (COMAC), after two decades of existence and championing policy reforms and operational practices through collaboration with key stakeholders.
Since its formation, AOMC has gone through leadership transition and it is currently being led by Dr. Riverson Oppong, a petroleum engineer and economist.
He assumed the position of Chief Executive Officer (CEO) in April 2024 after the retirement of the late Kwaku Agyemang-Duah who held the position for 10 years.
Dr. Riverson believes that the Association should be rebranded to meet the changes in the energy industry in order to amplify visibility, strengthen advocacy and position the organisation as a formidable leader in Ghana’s downstream petroleum industry.
He told this portal at the Alisa Hotel in Accra last week that the rebranding of AOMC to COMAC is not a change in identity but rather a change towards maximising “our efforts that we have showcased for the past years.”
He said the rebranded entity would channel its efforts towards stakeholder engagement, advocacy and championing the industry performance of Oil Marketing Companies (OMCs) and making sure that standards and regulations are adhered to.
He added that COMAC would enter into strategic partnerships and introduce downstream dialogue to engage CEOs and managing directors of OMCs to find solutions to problems in the industry.
“As we step into a new era as COMAC, I want to assure you that we remain steadfast in our commitment to the vision and mission you so diligently crafted. Our roots will never be forgotten; instead, they will serve as the compass that guides us forward into a future of continued growth and excellence,” he said.
The CEO reiterated that the word ‘Chamber’ evokes professionalism, unity and credibility, which are qualities that align seamlessly with the mission to fuel Ghana’s future while empowering the people.
The Minister of State for Energy, Herbert Krapa, in a speech delivered on his behalf, commended the chamber’s commitment to sustainable growth and its pivotal role in shaping the downstream petroleum industry.
Besides, he urged the chamber to be resolute, innovative and continue to demonstrate the resilience that was shown over the past two decades, especially during the COVID-19 era, a moment of distraction in global supply chains.
The Board Chairman of the chamber, William Tewiah, reiterated that the rebranding of AOMC to COMAC represented a bold step forward, uniting stakeholders under a shared vision of excellence and sustainability.
“It is not merely a transformation of identity but a call to action for industry players to embrace innovation, collaboration and environmental responsibility. As COMAC embarks on this exciting journey, it invites all stakeholders to join hands in shaping a brighter and more sustainable future for Ghana’s energy industry,” he said.
Goodwill messages from stakeholders, including representatives from the National Petroleum Authority and the Chamber of Petroleum Consumers, highlighted the importance of the rebranding in fostering collaboration and addressing industry challenges.
COMAC’s new logo, featuring a dynamic oil droplet infused with vibrant red, green and yellow colours, captures the essence of its mission and vision.
The oil droplet reflects the organisation’s core business and ties the logo to the energy and petroleum industries. The red symbolises energy, power and urgency, reflecting the dynamic nature of the sector and the chamber’s innovative approach.
The green represents sustainability and environmental responsibility, underscoring the chamber’s commitment to greener energy alternatives and regulatory compliance. The yellow signifies optimism, growth, and prosperity, symbolising the economic importance of the industry and the chamber’s hope for a thriving future.
The highlight of the evening was the grand unveiling of the new COMAC brand identity, featuring an impressive reveal of the logo on an LED screen. The unveiling was followed by a cake-cutting ceremony led by the CEO and Board Members, symbolising unity and the beginning of a promising new era.
During the awards ceremony, key contributors to the industry were recognised for their outstanding service and dedication, while a preview of the Downstream Dialogue, an innovative programme aimed at fostering meaningful discussions among stakeholders, added an exciting glimpse into the chamber’s future initiatives.
Source: htts://energynewsafrica.com
