Kwame Nkrumah University of Science and Technology and Reservoir Management Group (RMG), a fully Ghanaian owned company, have signed a memorandum of understanding at the Council Chamber on May 12, 2023 to cooperate in the area of software services for petroleum engineering.
RMG signed the MOU and together with their partners, S&P Global, released five network licenses granted to KNUST with a market value of $1,188,500.00. The software released are: Kingdom Geiscience Bundle (Kingdom Gateway and Petrophysics), Harmony Enterprise, Piper, WellTest, SubPump, and Perform.
Nana Akwasi Ankomah explained the importance of academia-industry collaboration and that the software would enhance this process with industry following their collaboration with Ghana National Petroleum Corporation. He was grateful to their partners from S&P Global who supported this important initiative. The Associate Director of S&P Global based in the Middle East, Nalin Vatte expressed delight about the opportunity to partner.
The Vice-Chancellor welcomed the team and on behalf of the university expressed appreciation for such a gesture and collaboration. She highlighted the importance of collaboration in the operation of the university and looked forward to a fruitful relationship between KNUST and RMG and her partners.
The Dean of the International Programmes Office, Prof. Daniel Duah explained that the team had earlier visited the IPO and they had subsequently been shown around our beautiful green campus. They then called on the Provost of the College of Engineering and finally visited the computer laboratory to see the software. He proposed that student competitions that focused on real life challenges be developed between RMG and partners with KNUST and very attractive prizes should be on offer for students to come up with ingenious solutions.
The Dean of the Faculty of Mechanical and Chemical Engineering, Prof. George Yaw Obeng, who represented the Provost of the College of Engineering was very grateful for the software suite adding that it would be highly useful in the training of petroleum engineers by KNUST.
The Head of Department of Petroleum Engineering, Prof. Emmanuel Donkor stressed the importance of training students with industry-relevant resources so that they are ready for the market. The software, thus, comes in very handy. He also added that RMG would provide technical and other support for the duration of the agreement.
Also present at the meeting was Mr. Samuel Asiedu Duah, Business Development Manager for RMG, Mr. Kennedy Asare, Technical Coordinator for RMG, Mr. Daniel Nakaska, Technical Advisor for Harmony for S&P Global, Dean of the Faculty of Civil and Geo-Engineering, staff of Petroleum Engineering, and Mrs. Yvonne Baiden, Assistant Registrar at the International Programmes Office.