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Local Content Development:
A Service Company PerspectiveMarcelo Camargo
Gulf of Guinea Oil & Gas Conference
London, 8 May 2007
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Agenda
Schlumberger Worldwide
Guiding Principles
Local Impact
Schlumberger Angola
Our Local Content focus Current Achievements and Investments
Next Steps
Conclusions
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Schlumberger Worldwide
Schlumberger is the worlds leading supplier of technology, projectmanagement and information solutions to the oil and gas industry.
Large
70,000 employees
Working in 80 countries
Diverse
140 nationalities
11 nationalities in top 11 positions
Gender diversity focus
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Guiding Principles
Our values
People
Technology
Profit
Our commitment tocustomers
Excellence
Transparency
Trust
Conduct and behavior
Code of Ethics
Governance
Accountability
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Local Impact
Human Capital
Local Recruitment, training and development
Investment in educational capacity building
Economic Impact Job Creation
Procurement, Supplier development
QHSE
Global Citizenship
Community Involvement
Governance
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Schlumberger Angola
Headquarters for West and SouthAfrica Geomarket
699 employees, 497 Angolan
nationals (Nov 06) Angolan nationals working in 17
countries
All technologies available
Global HSE standards
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Angolan Content: Focus on People
Educational activities Student Development
Recruiting
Training and Development ofemployees
Developing suppliers Developing entrepeneurs
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Angolan Content: Educational Activities
University Relations
SEED
2 schools in Luanda, 3rd in
2007 Lab-in-a-Lorry
Launch in June-07
HSE campaigns
Extended to families andcommunities
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Angolan Content: Recruiting, Training andDevelopment
Overseas scholarship programs
Training in world-class trainingcenters
Continuous development Management development
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Angolan Content: Developing Suppliers
Local Sourcing: 50M$ Office/Housing Infrastructure
Hotels and Guest Houses
Catering services Transportation
Building maintenance
Cleaning services
HSE and Governance development
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Angolan Content: Next Steps
Develop framework
Impact must be measured
Direct and through supply-chain
Outsourcing
Many verticalized activities
Focus out of core activies
Activites tranportable from Oil &Gas to other industries
MEASURE
MANAGE
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Angolan Content: Outsourcing
Identified areas for outsourcing
Developed roadmap
Implementation in progress,
requiring HSE management systems
Governance
Quality processes
Financing
Commitment
Roadmap for increasing LocalExpenditure 80% completed
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Conclusion
Many initiatives in progress
Global initiatives applied to Angola
Initiatives focused on people
Critical mass is needed. Therefore the industry must
collaborate to Develop Local Capacity
Human Capital
Value-added activities
for the Industry
longer-term
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Local Content Development:A Service Company Perspective
Thank you
Marcelo CamargoStrategy and Local Content Manager
Schlumberger West and South Africa