Scottish oil and gas sector exports to Africa have grown rapidly over the last half decade, passing £2.3 billion in 2012/13, almost doubling year-on-year: and more than half of those exports were destined for Angola. Recent studies by Scottish Development International and the Aberdeen Chamber of Commerce have shown that opportunities for continued growth are particularly strong in Angola, the second largest oil producer in Sub-Saharan Africa and a market where links between domestic companies and Scottish partners have been steadily growing. Angola’s oil industry underwent a period of rapid expansion through the last decade, including its gaining membership of OPEC in 2007.
Trade mission to Luanda
Scottish Development International (SDI) this week is leading a trade mission of eight oil and gas companies to Luanda, to strengthen the relationship between players in both markets and explore opportunities to further enhance in-market capabilities across the sector, from offshore services to remote communications and network systems, and essential meteorological services.
Eight oil and gas organisations
The trade mission will be led by Gary Soper, recently appointed as SDI’s Regional Manager for Africa and will include:
- Centrifuges Un-Limited – specialist equipment manufacturer
- Ferguson Group – service provider for the oil and gas sector
- The Met Office – prestigious meteorological services provider
- Paradigm Flow Services – service company providing specialist services for the safe and efficient remediation of blockages and restrictions in the offshore oil and gas industry
- RigNet – a global provider of managed remote communications, systems integration and collaborative applications dedicated to the oil and gas industry
- Seal-Tite International – global provider of leak repair services, based on new and unique technologies
- Thinjack – global provider of separating seized well flanges
- Wireline Engineering – designs, manufactures and provides products for wireline operations in deviated wells
Operational challenges and the business environment within Angola will be discussed and debated, while SDI will also facilitate opportunities for its delegates to enhance their links with key figures in the oil and gas industry in the country, and to gain a fuller understanding of the opportunities that exist there and how they can best be accessed. The visit will include engagement with local UKTI representatives and a series of large Angolan oil and gas companies, with which further collaboration can be sought.
Adapted from press release by Cecilia Rehn
Read the article online at: https://www.oilfieldtechnology.com/exploration/16102014/scotland-explores-growth-in-oil-and-gas-relationship-with-angola/