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Africa Oil & Power Conference / Press release | Digitalization offers High Returns for Emerging Gas Producers like Mozambique (By Grace Goodrich)


Digitalization offers High Returns for Emerging Gas Producers like Mozambique (By Grace Goodrich)
Digital investment and uptake represents a billion-dollar opportunity for emerging LNG producers like Mozambique, as COVID-19 accelerates the demand for reduced-cost exploration
MAPUTO, Mozambique, March 3, 2021/APO Group/
By Grace Goodrich
The benefits of digital investment in the oil and gas sector are multifold: increased productivity, cost savings and improved performance all tend to follow investments in big data, the ‘Internet of Things’, artificial intelligence and other digital technologies. Yet according to Deloitte’s digital maturity index published last May, upstream oil and gas trails significantly behind other industries when it comes to the pace and degree of digital adoption. ....

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Local Content Rises to Top of Mozambique's Developmental Agenda (By Charné Hundermark)


By Charné Hundermark
Mozambique is experiencing an influx of investment across energy, agriculture, tourism, construction and mining sectors, positioning the country for transformative economic growth. The benefits of ongoing megaprojects, however, have the potential to extend beyond government revenues and critical infrastructure and to local capacity building and the assurance of sustainable socioeconomic improvement. In a bid to increase country-wide living standards and boost local participation in expanding sectors, Mozambique is prioritizing the expansion of local content policies and leveraging large-scale developments to capitalize on skills transfer and training initiatives.
Promoting Participation Through Policy
In response to large-scale developments taking place across the country, the Government of Mozambique has enacted several local content requirements to ensure that the flow of capital extends to local communities and economies. Notably, the country ....

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