Petroleum Africa
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Thursday, July 18, 2019
Angolan and Mozambican services companies will participate in Equatorial Guinea’s Oil & Gas Meeting Day in Malabo on October 1 and 2, 2019. The delegation will be led by President of the African Energy Chamber in Angola, Sergio Pugliese.
The growth of Africa’s oil & gas sector presents the continent’s services companies with tremendous opportunities for partnerships and regional expansion. As Africa’s second largest oil producer and thanks to its strong local content efforts, Angola is now home to countless services companies with the necessary capacities to expand across sub-Saharan Africa.
“Angola is known for having strong local services companies,” said Sergio Pugliese. “The growth of our local content is now accelerating thanks to the reforms made by President João Lourenço and his administration. We now have Angolan companies that developed strong capabilities and are ready to expand beyond Angola. They are seeking partnerships and deals with other African and international services and technology companies, to serve both their regional expansion plans but also to further support the growth of the Angolan industry at home. The Oil & Gas Meeting Day provides the perfect platform to seal such deals.”
The African Energy Chamber is supporting the Oil & Gas Meeting Day, a Year of Energy event organized by Equatorial Guinea’s National Alliance of Hydrocarbons Service Companies (NAHSCO).
The services industry is a massive job creator and a strong pillar of the global oil & gas industry. As cooperation amongst African oil markets increases, the need for services companies to step up their game and pursue an aggressive outreach has become a necessity.
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