"The ANPG could advocate for major industry players to allocate portions of large contracts to local companies, thereby fostering their development and integration into the broader industry ecosystem."
SENIOR DIRECTOR, NATURAL RESOURCES, AFRICA FINANCE CORPORATION (AFC)
"AFC will continue to provide institutional support to Indigenous companies looking to develop the core assets that have been left behind by the majors."
"In 2023, we executed our first international project, which involved providing 24-hour diving services to support the installation of the first FPSO in Côte d'Ivoire."
MINISTER OF STATE FOR PETROLEUM RESOURCES (OIL), GOVERNMENT OF NIGERIA
"We want to tell the world that Nigeria is offering the best fiscal and regulatory terms and is willing to resolve all issues that may arise in the course of doing business."
"We hope to find partners that will be able to leverage their financial firepower with our technical expertise to acquire bigger assets and grow our presence in the market."
The Chilean mining renaissance has begun. In 2024, the country is set to experience its first increase in copper production since 2018, driven by Codelco’s production surge and Teck Resources’ Quebrada Blanca II coming online. This year also saw the first major regulatory update since 1983 with amendments to Law No. 21,420, which modernized the mining framework. The government has shown strong support for the industry by committing to reduce permit processing times by a third and proposing 20 actionable measures to streamline processes. Additionally, Chile classified its 69 saline environments, leaving 31 open for private development and initiating a request for information process in April to rapidly advance these areas.