Africa Oil Week & The Situation In Mozambique

My extensive travelling continues as I begin my write up for our November 2013 edition from 30 000 feet in the air. I am on my way to JHB for two days of back-to-back meetings. I return to DBN for 4 days before I board a plane again to JHB to attend a good friend’s wedding, and another 2 days of meetings before I head back to DBN.

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The highlight for the month to come, and I will share my experience in next month’s edition, is the 2013 Africa Oil Week which will be held from the 25th to the 29th of November. This is an event that cannot be missed, with the likes of Tullow, Anadarko and Halliburton set to be exhibiting, sponsoring and speaking. We will be exhibiting and attempting to move ever so closer to building a relationship with each of them.

The Africa Oil Week has been featured on CNN over the past few months and as we approach the event, it is receiving more and more exposure.

On the 15th of this month, we start a project with Goss & Balfe Engeneering (This is not a spelling error) Mozambique. The project involves Piping Tie-in Fabrication and Erection for the Low Pressure Compression Project in Temane, Mozambique.  We will also be  involved with their BP project in Nacala.

Mozambique is a very hot topic at the moment. If you are from Durban/KZN you would have seen the front page of the Sunday Tribune, parts of page 2 and pages 11 & 12, all dedicated to the problems currently facing this beautiful country. We are obviously concerned with recent events but are closely monitoring the situation and I am speaking to my contacts on the ground there on a regular basis, both Mozambican nationals or South African expatriates.

Rio Tinto has sent the families of their expat employees home, just as a safety measure, not because they know something we don’t. The old saying is “hindsight is 20/20”, and Rio Tinto have a name for being proactive.

Yes kidnappings are scary no doubt, this is nothing that Nigeria or Angola did not face. When the findings of coal and gas started to be announced we had long discussions and heated debates, do we forge ahead with our investment into Mozambique or do we stay in South Africa scared and not grow our business into Africa?

The Mozambican nationals are positive, and trust me they are the first to say they do not want to go back into civil war. I believe this is just a speed hump in the road and the majority of the problems will be rectified, and Renamo and Frelimo will exist in peace again.

Until next month, take care
Brendan Boyers
Managing Director