bookmark_borderPartnering to Win in Local Content

The oil and gas (O&G) industry is well-positioned to serve as an engine of growth for employment and manufacturing in domestic economies. By utilizing demand stemming from the development of oil and gas fields, national and regional economies should be able to reap significant manufacturing and workforce localization benefits. While the fundamentals for success are in place in many transitioning and frontier markets, and many governments, private sector, and NGO actors prioritize local content development, a long-term sustainable solution continues to be an elusive goal. In this paper, we will examine the current context, identify factors that block progress in local content, discuss existing models for cross-sectoral collaboration, and highlight key considerations in the design of local content programming.

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bookmark_borderWhy you should (and can) localize your supply chain

I am encouraged to see the increasing attention on sustainability and ESG (Environmental, Social, and Governance) based business strategies not only because it is my area of expertise, but because I have always felt a company’s greatest tool to improve social performance is to leverage their supply chains to localize benefits to their areas of operation. Recently many in the industry have asked what the keys are to building a localization program.  I don’t think there is a one size fits all approach, but there are some key aspects and activities which, if addressed, can help companies get on the right track.

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