Global Industry: Oil, Gas Looks to Create Value in Digital Transformation

Global Industry: Oil, Gas Looks to Create Value in Digital Transformation

The oil and gas industry’s digital transformation is at an inflection point.

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Africa Oil & Gas: Angolan Govt to increase local content in the oil industry

Africa Oil & Gas: Angolan Govt to increase local content in the oil industry

The Angolan government is due to approve legislation to regulate local content and introduce clear, feasible and non-bureaucratic procedures in the oil industry in order to allow an effective and growing participation by the domestic industry, said on Monday in Luanda the Minister of State and Head of the Civil House of the President of the Republic.

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“Central Bank readies economy for massive entrance of gas dollars” – @Verdade

“Central Bank readies economy for massive entrance of gas dollars” – @Verdade

The Governor of the Bank of Mozambique revealed that the current account deficit deteriorated by US$ 414 million during the first half of the year, due to “the payment of specialized services of the megaprojects, in particular with regard to the construction of the platform in the Rovuma Basin.

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Mozambique Oil & Gas: Local companies can’t afford megaprojects quality accreditation

Mozambique Oil & Gas: Local companies can’t afford megaprojects quality accreditation

Mozambique’s small and medium enterprises (SME) are being left out from the opportunities offered by the oil and gas projects because they do not have international quality accreditation the chairman of the Mozambique Chamber of Commerce said on Thursday.

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Extractive Industry: “Resources management will dictate what kind of country Mozambique will be – AfDB

Extractive Industry: “Resources management will dictate what kind of country Mozambique will be – AfDB

The African Development Bank’s Country Manager for Mozambique, Pietro Toigo, said in an interview that natural resource management will be the most important point in determining what kind of country Mozambique becomes.

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Mozambique Oil and gas: Taxation can support local industrial development

Mozambique needs to adjust the tax regime applicable to the exploitation of oil and gas to its industrialization needs, to complement the provision of the Law on Mines and Petroleum, which obliges companies to allocate part of their production for electricity generation.

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