Dr Theophilus Acheampong

Biography

Dr Theophilus Acheampong is an economist and political risk analyst with over ten year’s knowledge and experience working with private investors, governments and international organisations on the intersections between natural resource extraction and public financial management. His areas of specialisation include energy policy formulation, fiscal regime design and modelling, investment analysis, petroleum accounting, contractual negotiations, local content, public finance, and trade and investment promotion. Theo’s political risk experience involves helping private and public sector clients navigate complex political, business and sovereign risks in Sub-Saharan Africa. This includes producing forward-looking risk forecasts and intelligence reports covering economic (sovereign risk, fiscal and monetary policy), legal (expropriation, contract risks) and operational risks (corruption, regulatory burden). Theo has a PhD in Economics (specialisation in petroleum economics and taxation) and an MSc in Petroleum, Energy Economics and Finance from the University of Aberdeen, Scotland. He has a BSc in Chemical Engineering from the Kwame Nkrumah University of Science and Technology, Kumasi, Ghana. Theo is an Associate Lecturer at The Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP), University of Dundee. He is also an Associate Lecturer and Honorary Research Fellow at the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF), University of Aberdeen. He is also a non-resident Senior Fellow at Ghanaian Think Tank IMANI Centre for Policy and Education. He is quoted in international media such as the BBC, Bloomberg, AFP, CNBC, and has published in leading academic journals. Theo is currently co-editing the Palgrave MacMillan book project titled “Petroleum Resource Management in Africa: Lessons from Ghana”, which examines the challenges and opportunities from ten years of oil and gas production in Ghana.

External Memberships

Associate Lecturer, Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP), University of Dundee, United Kingdom.

• Teaching CP51004 (Financial and project analysis of natural resources and energy ventures)
• Postgraduate thesis supervision
• Natural resources economics research

Research Overview

Petroleum and Energy Economics, Macroeconomics, Applied Microeconomics and Applied Econometrics

Current Research

• Oil prices and costs in the upstream industry
• Mergers and acquisitions (M&A) in the North Sea oil and gas industry
• Fiscal benchmarking in the Greater North Sea (GNS) following the recent oil price crash
• Offshore safety economics
  • Economic and Policy Perspectives in Health, Safety and Environment in the UK Offshore Oil and Gas Industry
  • Analysis of Health, Safety and Environmental Performance of the UK Offshore Oil and Gas Industry
  • Empirical analysis of offshore safety: safety regulations and hydrocarbon release incidents in the UK continental shelf 
• Third-party access to infrastructure in the upstream oil and gas industry