schlumberger local content initiatives in angola

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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