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NOT AN OFFICIAL UNCTAD RECORD. DNO in Africa Norwegian and African cultures make synergy in E&P. DNO Today: Worldwide Operations. 22 Licenses – 11 as Operator. * APA (TFO) awards ** ExxonMobil Aqc. *** ChevronTexaco Acq. 3 Producing Assets. DNO in Mozambique.
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NOT AN OFFICIAL UNCTAD RECORD DNO in AfricaNorwegian and African cultures make synergy in E&P
DNO Today: Worldwide Operations 22 Licenses – 11 as Operator * APA (TFO) awards ** ExxonMobil Aqc. *** ChevronTexaco Acq. 3 Producing Assets
DNO in Mozambique • But why should a relatively small Norwegian E&P company come to Mozambique and start exploring for oil and gas? • GOOD QUESTION!
Norway and the World • Small country far north • In the sixties a poor nation • Minor mineral resources discovered • Starting exploration • Stable political regime • Today a rich nation • Desire to share • Desire to give
Cultural Differences • Cultures are different and we can learn from each other • Formal versus Unformal • What is the value of a life? • Time is flying vs. time is coming • 1 = 3.14! • ”O Regulo”
Laws and Regulations • Laws and regulations are necessary and need to be followed • The Petroleum Law sets out the basic rights and obligations • The provisions of the Law expanded and supplemented in the Regulations for Petroleum Operations. • The Exploration and Production Contract, the legal document between the Government and the concession holders • Bureaucracy may, however, be a stumbling block • Good communication with authorities mandatory!
Health, Safety and Environment • We have an obligation to take care of the environment • Environmental Impact Assessment and formulation of Management Plan important before starting operation • Mine Clearing necessary in many countries • Workers must know that they have a safe working situation
These aggregate governance indicators (or KK) graphs cover 209 countries and 38 sources, indicating levels of governance and transparency. They are based on the governance and transparency indicators developed by the World Bank Institute. Corruption • Corruption benefits only the few • Mozambican government fighting corruption • Court case broadcasted on TV • Standards need to be set and followed • Examples on people in general being better off before getting oil revenue! • Corruption ruins the people • Corruption must be fought!
Local Benefits • Limited, but some job opportunities for locals • Media: 20 or 80 or vice versa? • Mozambican contracting companies employed • Local administration staff very competent • Positive for all parties to employ locals
Local Benefits • On the job training for geologists and drilling engineers • Good relationship to local authorities invaluable • Local chief satisfied with road to village, compensation to farmers and job opportunities • Some aid to orphans and other children
Local Benefits • Drilling area re-worked to machamba and football field • The guards formed a football team called DNO!
Conclusion Together we might build nations and a future for the coming generations!