Panel Recap: Africa’s Potential - Challenges and Opportunities from the Oilfield Services Perspective

Despite Africa's abundant untapped resources and local workforce, service providers face significant operational hurdles that require strategic navigation.

During last month’s Africa Energies Summit, we brought together industry leaders from Halliburton, Borr Drilling, NOV and Oceaneering to discuss the continent's oil and gas service sector prospects...

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Key Takeaways for our delegates:

🔶 Regulatory complexity stands as the primary challenge, with currency controls, fund repatriation restrictions, and inconsistent policies creating investment uncertainty. Companies must structure contracts carefully to mitigate these risks while advocating for improved government-industry communication and policy stability.

🔶 Workforce development presents both opportunities and constraints. While local content requirements mandate substantial domestic employment, rigid visa policies limit cross-border talent mobility. Successful initiatives include partnerships with local universities to build technical capabilities and structured training programmes that support long-term career development.

🔶 Infrastructure deficiencies compound operational difficulties through poor logistics networks, unreliable power systems, and inefficient port facilities. Security concerns add additional complexity, requiring escort services and specialised safety protocols.

🔶 Technology adoption offers promising solutions, with remote operations, artificial intelligence, and advanced robotics transforming service delivery. However, import delays and connectivity limitations slow implementation. Unmanned systems are being pioneered, while digital monitoring reduces on-site personnel requirements, improving both safety and efficiency in Africa's challenging operating environment.

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