ASSEA Launches “Action for 20%” Local Content Initiative
The initiative aims to increase local capacity in Angola’s oil and gas sector from 2% to 20%.
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The initiative aims to increase local capacity in Angola’s oil and gas sector from 2% to 20%.
Local governments and extractives firms in the MSGBC region are prioritizing local content development through public-private sector cooperation and integration across industries.
The inter-governmental committee working on Namibian Content is making local content development a priority, with the National Upstream Petroleum Local Content Policy being expeditated.
Angola Oil & Gas 2024 returns to Luanda from October 2-3 under the theme ‘Driving Exploration and Development Towards Increased Production in Angola.’
Energy and mining firms in the emerging MSGBC region are dedicated to fostering local content development through collaborations with indigenous organizations.
ABO Capital has launched the Amity Training Centre in Luanda to equip Angolan professionals with sector-specific education and experience.
Former Executive Secretary of the Nigerian Content Development and Monitoring Board Engr. Simbi Kesiye Wabote will explore new avenues for collaboration between Nigeria and Namibia.
The upcoming Namibia International Energy Conference will focus on maximizing opportunities for local players across the energy value chain.
Namibia’s oil and gas sector is still looking forward to reaching the production phase — S&P Global analysts don’t anticipate Namibia’s first oil to come until 2029, and the country’s first gas-to-power project is scheduled to begin in 2027.
From mature to emerging markets, the expansion of Africa’s energy sector highlights the need for effective local content policies that both generate and retain value.