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Assessing the perceived risks for IOCs in investing in a localised oil and gas industry

16:15 - 17:15
2016/10/18

In the past, IOCs have been perceived as acting as a foreign player in host countries, employing expatriate staff and not engaging with local supply chains. The constrained price environment has been a catalyst for the adoption of a more localised business model for the industry.

In Mexico, there are 172 universities that offer petroleum engineering as a degree. This highlights one of the main challenges for the IOC community, which is developing an understanding of which academic institutions are providing the most valuable education to the next generation of oil and gas workers. This session will look at the perceived risks and challenges for localising the oil and gas industry in the Americas. Local standards, ELT and safety are commonly cited as the most prominent perceived risk, and will all be discussed by our senior panel of IOCs.

Facilitator:

Ken Graham, Senior Advisor, Rowhill Consulting Group

Location: Patio de la Auntonomía
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Speakers

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