Read the latest Archives of oil, gas and energy news.
With local content reforms sweeping the national hydrocarbons industry, Gainde Marine Offshore is setting its sights on a new, attractive exclusive marine services regime in Senegal.
A decade of recent reforms and repeals to local content legislation deem Senegal’s regulation of the hydrocarbons industry strong on paper but gaps remain around issues of enforcement.
Energy, Capital & Power spoke with Seynabou Guisse, head of Finance at Invest in Africa about current trends in the MSGBC region including local content, company programs and future trends we can expect to see moving forward.
Discussions at Tuesday’s ALCIF regional forum saw Nigeria’s NCDMB and Senegal’s national local content committee pen a strategic partnership accord towards the Senegalese hydrocarbon industry’s nationalization through targeted reform.
The IOC hopes to see increased youth participation and involvement of the Uganda private sector in the Tilenga Project.
In October a number of West African mineral producing countries undertook discussions to better integrate the development of local content within their extractive industry policies and strategies.
A panel discussion at African Energy Week 2021 investigated how local content and international collaboration can help spur development and position Equatorial Guinea as a world class hydrocarbons sector.
Although a minor oil producer, Ivory Coast revises its Petroleum Code and strengthens its local content provision to ensure capacity building and technology transfer.
Recent regulatory frameworks and institutions established by the government not only promote local content, but mandates the participation and capacity building of local oil and gas companies.
Equatorial Guinea is positioning local content at the forefront of its post-COVID-19 recoveries, with rising indigenous participation able to cut costs and safeguard local and regional supply chains.
