Page 4 - AfrOil Week 11 2022

AfrOil COMMENTARY AfrOil

Restructuring African NOCs

Partial privatisation could be a game changer in the African oil and gas industry, writes Leoncio Amada
Nze Nlang, President of the African Energy Chamber CEMAC Region and President of APEX Industries SA

WITH globalisation and fierce competition in senior management and their ability to involve
the markets, both local and international, com- the rest of the people in the effectiveness of their
WHAT: panies face demands for profitability, quality and work is essential.
Given Russia’s position technology that contribute to their continuous Now more than ever, it is necessary to pay
as a major oil and gas improvement. attention to what is happening around us, both
exporter, the current The application of efficient management sys- outside and inside the organisation. There are
conflict has the potential tems, such as the implementation of a Quality factors that need to be considered when plan-
to make projects in Management System, within a state-owned or ning processes: the competitive environment,
sub-Saharan Africa more
attractive. private company can help turn these pressures existing technologies, the legal framework in
into a competitive advantage. In this dynamic which we operate, corporate values, etc.
WHY: of turning a mediocre company into a profitable Any of these elements may affect the achieve-
African gas may draw and competitive one, three important concepts ment of our objectives and the degree to which
more short-term interest must be taken into consideration. we offer compliant products and services to our
than oil. customers.
The need for leadership
WHAT NEXT: There is no effective management system with- Managing the change
African gas-producing out a group of people working with a common Both a good identification of the context in
states will have to purpose, and for this to be possible, leadership which it operates, as well as a clear demonstra-
demonstrate their ability in senior management is necessary. tion of leadership and commitment on the part
to provide adequate sup- The requirements of the Quality Man- of senior management are key to facing the situ-
port for LNG projects. agement System must be integrated with the ations of constant change that any organisation
essential processes of the organisation, and its currently faces: new business practices, technol-
objectives must be part of the strategic planning. ogies in permanent evolution, internationalisa-
To achieve this alignment, the involvement of tion of the markets.

P4 www. NEWSBASE .com Week 11 16•March•2022