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Bureau Veritas continues on its transformation journey to Shaping a Better Workplace

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Bureau Veritas

Making quantum leaps and bounds in gender equality as scientists make a difference to people and planet

JOHANNESBURG, South Africa, September 18, 2023/APO Group/ — 

Bureau Veritas (https://apo-opa.info/3sZvaPr), a world leader in testing, inspections and certification services, is continually on a passionate drive to fulfil its mission of shaping a world of trust through its unrivalled expertise, independent and worldwide presence to benefit society. The company is fast gaining ground on its sustainability trajectory to meet its 2025 ambitions towards transforming the world we live in. Committed to creating better workplaces, a cleaner environment and improved business practices, Bureau Veritas (BV) (www.BureauVeritas.com) enjoys an enviable reputation for being a company that walks the talk.

2025 ambitions and gender equality

With a strong commitment to achieving its 2025 objective of leading the Testing, Inspections and Certification evolution towards sustainable growth in Environmental, Social and Governance (ESG), BV invests heavily in People and Culture, Organization and Governance and Innovation and Technology. Human capital enjoys the utmost regard, and the company focuses on attracting the best talent to develop its next generations and ultimately build its culture across the globe – these factors are critical to accelerating the 2025 strategic direction of the company. Organizational development is strongly underpinned by a robust Corporate Social Responsibility (CSR) commitment, a living extension of the company’s mission to create a world where trust and truth are respected and exercised in daily life. Gender equality is intrinsic to this commitment to change lives and thus ensure a fairer world. International teams with broad-based skills and diverse profiles, creating a more representative organization which is fast on track to achieve its goals. In line with its commitment and policy on inclusion, Bureau Veritas has aligned to the SDG of Gender Equality, setting itself ambitious targets for 2025 to reach 35% of female representation in leadership positions, which is supported through several initiatives.

Global and Africa statistics to date

Bureau Veritas has made strides in its commitment to a more efficient and gender balanced operation, with increasing numbers of women in management and executive leadership, with robust plans in place to balance the corporate landscape even more. Today, on a global level, 69% of employees are male, whilst some 31% are female against an ambition of 35% by 2025. Women are present in a range of roles from executive leadership to subject matter experts in engineering, artificial intelligence, nuclear innovation, digital technology, human resources, accounting, marketing, and communications, legal and a host of alternative specialties.

In Africa, women make up some 28% of the human talent; with some 28% of these women being female senior decision-makers.

Dr Beatriz Magalhaes, Country Chief Executive Mozambique:

“Study hard, that is the most solid foundation you can create for yourself, it will help you with the confidence you require to focus on your achievements and not that of others. Secondly, choose the right partner on your journey, one that will add and not subtract,” she advises young woman. Education and job creation lie close to Magalhaes’ heart, and she has made it her business to impact the communities around her by driving social responsibility.

Brazilian born Beatriz Magalhaes is the Chief Country Executive of BV Mozambique and has been in her role for two years. With a PhD in Structural Biology from the University College, London (UCL); Dr Magalhaes joined BV in 2016 to “reinvent herself”. Initially a consultant, she was drawn to the company values of truth and transparency, which aligned closely to her personal value system. Her career has been steeped in science, having been a university lecturer in Brazil before founding a green technology startup in her home country. A family woman at heart, with her mother firmly placed as her role model, she is motivated by the pleasure of a job well done. Key to her many accomplishments are adaptability and a keen understanding of a host of cultures, having grown up in various countries around the world and speaking several languages. Always putting her team first is part of her leadership style and is the secret ingredient to her success as a woman and business leader. The simple joy of encouraging a team to their own personal success motivates and inspires her. Caring for her staff is an invaluable characteristic that lies close to her heart, as evidenced by the impact of one of her recent leaders.

This humble, competent, and ambitious scientist enjoys working in a global business and looks forward to feeding her curiosity by working more closely with new technologies, artificial intelligence, and new innovations in the future. When asked what words of advice she would offer her younger self, she commented: “Don’t be afraid of taking leaps, of reinventing yourself if needs be. You need to first trust yourself, trust what drives you and head on straight.”

Dr Swarupa Deshpande, Oil & Gas Market Leader Africa:

As BV advances towards supporting our clients in creating cities of tomorrow: smarter, greener, and more human, it will persist in tackling its ESG goals with pride of place

“Transparency is vital, be committed to your objective and work collaboratively. We need to constantly upgrade our knowledge and technology prowess for innovative solutions. It is important to be firmly rooted whilst building strong teams and external networks with partners, clients, and stakeholders. There are no short cuts to hard work and dedication; and no alternatives for patience and compassion,” she says, sharing the key ingredients to her success as a woman and business leader.

Dr Swarupa Deshpande spearheads Oil & Gas in Africa, one of BV’s largest markets and has also spearheaded the team in South Asia. The soft-spoken Indian-born Deshpande has a PhD in Oil & Gas Management, an MBA, and a diploma in International Business Management. She was initially drawn to the company some 16 years ago because of its strict testing and quality control measures, it’s absolute values of truth and transparency; collaborative and highly ethical culture.

She is inspired by being able to use her abilities to help contribute towards a better society, building an improved living world through BV’s quality, health, safety, and environmental service support to the crucial energy sector to maintain the natural balance of the globe. BV’s ability to use technology, digital innovations, and sustainability solutions to improve the wellbeing of the industrial sector of the world further propels her to making a marked difference. She remains inspired by her Human Resources Director, as a dynamic and smart female role model with strong leadership qualities and team building abilities, with the innate ability to connect great minds.

Bureau Veritas’ sectors range from infrastructure, agriculture, high end technology, to molecular biology, marine, oil & gas, aviation, engineering, artificial intelligence, nuclear energy, and power. It is this wide spectrum that draws her to the business and keeps her curious, learning and tapping into various geographies and cultures. Given a magic wand, she would like to see the pace of knowledge transfer increase to every team member to expand their personal development, improving quality of life. Deshpande is most proud of carving a place for herself in the traditionally male driven oil & gas sector and securing many large contracts through excellent technical knowledge whilst always abiding by a high level of ethical practices. She encourages younger women who look up to her as a prominent engineer in a competitive environment: “Develop a deep understanding of your field, be bold and straight when giving your opinion, demand flexibility and specific needs as a woman and mother and be confident to lead.”

Continue to challenge, meet global targets, and equalize the landscape

As BV advances towards supporting our clients in creating cities of tomorrow: smarter, greener, and more human, it will persist in tackling its ESG goals with pride of place. The company will pursue a safer, fairer, and more sustainable economic system. Shaping a world of trust is crucial to the social fabric and values of the company, ensuring transparency and credibility as it encourages innovation, proactivity, and agility, keeping a watchful eye on women in the workplace whilst driving a client-centric organization. Gender equality targets will continue to climb as the company achieves its current objectives and then expedites even more ambitious goals.

Bertrand Martin – Senior Vice President Africa

“We will keep the capacity to continually challenge ourselves, to go beyond the comfort zone to innovate. We will embrace technology to develop new services and new ways to deliver the service.  We will continue to be catalysts for positive social change, to be part of the social compact that seeks to make a tangible difference to the lives of families and communities that we work and live in. We will ensure we support girls and younger women to secure a place at university to study the much-needed STEM subjects – to create illustrious careers for themselves and ultimately earn a seat at the boardroom table – this will form part of our legacy for generations to come.”

Bureau Veritas enjoys a geographical presence in 140 countries and unrivalled experience in certification processes, coupled with in-depth knowledge of local specifications and regulations are considerable assets the company provides to its clients, public authorities, and society as a whole.

Distributed by APO Group on behalf of Bureau Veritas.

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Premier Invest Highlights Milestone Oil & Gas Financing Partnership with Shell at Invest in African Energy Reception in London

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As an African-owned investment banking and advisory firm, Premier Invest is aiming to bridge Africa’s oil and gas financing gap through strategic partnerships in the sector

LONDON, The United Kingdom, July 12, 2024/APO Group/ — 

Rene Awambeng, Managing Partner at investment banking and advisory firm Premier Invest, outlined Africa’s current oil and gas financing gap and strategies for unlocking global capital at the Invest in African Energy reception -organized by the African Energy Chamber (www.EnergyChamber.org) – in London on Thursday. Last month, Premier Invest signed a milestone agreement with Shell to enable access to financing for oil and gas projects across the continent.

The agreement to co-finance and originate oil and gas agreements in Africa aims to drive growth in the oil and gas sector across the continent

Under the strategic partnership, the two companies will collaborate to identify and co-finance oil and gas transactions in Africa that have the potential to generate significant returns, while creating value for local communities and economies.

“The agreement to co-finance and originate oil and gas agreements in Africa aims to drive growth in the oil and gas sector across the continent. We will work together to identify and evaluate potential opportunities in the oil and gas market and leverage our respective expertise to fund projects that have the potential for significant returns. This is a significant step forward in our commitment to support the growth of the sector,” said Awambeng.

The partnership serves to address the persistent lack of FDI on the continent – in which Africa receives only five percent of global investment – placing African countries at a disadvantage when it comes to establishing requisite infrastructure to produce refined petroleum products and increase power generation and distribution capacities. According to Awambeng, 50% of oil product consumption in Africa is met through imports, despite Africa being a net crude oil producer.

“To address these finance challenges, we have put together an African-owned and managed investment banking firm to offer a range of financial advisory services supporting clients across industry to invest in small, medium and large-sized projects… The continent lacks funds to finance its oil and gas projects, as well as needs technology to manage its oil and gas industry,” said Awambeng.

Distributed by APO Group on behalf of African Energy Chamber

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Top 5 Reasons to Attend Angola Oil & Gas 2024

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AOG 2024 serves as Angola’s premier energy event, providing unparalleled opportunities for international investors and stakeholders to gain access to the oil and gas market

LUANDA, Angola, July 12, 2024/APO Group/ — 

Angola’s oil and gas industry is growing rapidly, with a $60 billion investment pipeline planned for the next five years, a 2025 limited tender on the cards and industry reforms offering improved fiscal and contractual terms. The county’s premier industry event Angola Oil & Gas (AOG) connects international stakeholders to the market, serving as a bridge between foreign players and Angolan projects.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the National Oil, Gas and Biofuels Agency; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Strong International Focus

In recent months, Angola has been strengthening cooperation with various global partners to support oil and gas development. Recent deals include with Italy, the UAE, South Korea, Ivory Coast and many more. These deals and future collaborations are expected to drive project development and innovation in Angola while supporting global demand through Angolan exports.

The 2024 edition of the conference builds on this to bring new players to the market while promoting projects, partnerships and potential investment opportunities. In addition to local and regional delegates, AOG 2024 will feature the participation of delegations from China, the UK, the UAE, Germany, Portugal, Brazil and many more. International companies are invited to participate in the event and seize new opportunities in Angolan oil and gas.

Access Upcoming Projects

Last month, Angola’s national concessionaire for the oil and gas industry the National Oil, Gas & Biofuels Agency (ANPG) announced a series of measures that aim to support crude oil production in Angola. This comes as the country recently awarded oil and gas companies Etu Energias, Effimax Energy and Grupo Simples Oil a new concession for Block CON 8, stipulating an exploration phase lasting five years from the signing of the contract.

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Angola is enhancing cooperation with global players, including IOCs such as Chevron, TotalEnergies, Azule Energy and ExxonMobil, to bring new projects online and maintain hydrocarbon production above 1.1 million barrels per day through 2027. A key component of AOG 2024 is unparalleled access to upcoming projects. Attendees will be given exclusive access to the latest requests for proposals, tenders, market trends, policies and regulations shaping the sector.

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Drive Real Investment

Each year, AOG cements itself as the platform of choice for partnerships, collaborations and multi-billion-dollar deal signings. In 2023, seven industry-advancing deals were signed, laying the foundation for collaboration, market growth and future prosperity. In 2024, this trend is expected to continue as foreign companies travel to Luanda to engage with Angolan companies. The conference’s multi-track program covers the entire oil and gas value chain, providing insight into investment opportunities and strategic projects.

Participate in Exclusive Networking

The AOG 2024 conference serves as an opportunity for local, regional and international delegates to collaborate and discover new avenues for investment. Delegates can connect with top energy investors and executives – from operators, IOCs, NOCs and independents – as well as government officials, industry innovators and financiers to expand their professional network.

The event offers extensive opportunities to network and build meaningful business relationships, including exclusive networking breaks and lunches, the closing Networking Cocktail as well as the Gala Dinner and Awards which recognizes the companies pioneering the oil and gas industry in Angola.

Help Fuel Development

With the recent commencement of construction at Angola’s first integrated economic zone as well as its first aluminum industrial park, the country is on track to accelerate economic diversification and sustainable development. Apart from oil and gas, AOG 2024 is poised to set the benchmark for development in Angola while facilitating a strategic investment hub for various sectors in the country’s public and private sectors.

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Angola continues to provide great opportunities for international investors to develop energy projects that serve local and international energy demand. AOG 2024 targets key initiatives in the country including a heightened exploration drive, gas monetization, local content development and renewable energy and will clearly show Angola’s ambition and future plans for development.

Distributed by APO Group on behalf of Energy Capital & Power.

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Liberia Showcases Upstream Investment Opportunities at Invest in African Energy Reception in London

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Ahead of a new licensing round, Liberia is offering incentives for early investors, coupled with extensive 2D and 3D seismic data in its Liberia and Harper basins and a working petroleum system previously established by global majors

CAPE TOWN, South Africa, July 12, 2024/APO Group/ — 

Kicking off the Invest in African Energy (IAE) reception in London on Thursday, Marilyn Logan, Director General of the Liberia Petroleum Regulatory Authority (LPRA), showcased Liberia’s available oil and gas blocks and upstream investment opportunities. The reception served to connect major technical and financial partners to Africa’s energy sector ahead of the African Energy Week: Invest in African Energy conference in Cape Town this November, organized by the African Energy Chamber (AEC) (www.EnergyChamber.org).  

Global investors have been clamoring to Africa’s frontier markets in recent months, with countries like Namibia, Mauritania and Mozambique attracting sizable oil and gas CapEx spending, coupled with a renewed exploration focus in West Africa. Liberia represents a proven petroleum system supported by extensive reprocessed 2D and 3D multi-client seismic data in its Liberia and Harper basins.

“Liberia stands out as a new and exciting destination for oil and gas exploration. Positioned strategically on the West Africa Transform Margin, Liberia shares geological similarities with the Jubilee field in Ghana and [discoveries] in Guyana. We are on the verge of a new decade realizing untapped potential in West Africa, and Liberia is ready to play a pivotal role.” 

Our round is expected to attract serious investors, with Liberia offering incentives for early investment and ensuring the yield of substantial returns

“Many years ago, many thought Namibia was an oil man’s graveyard…Today, there are even more prospects in countries like Liberia. The belief coming out of [London] drove exploration in places like Namibia – Liberia could be a replica of that,” added NJ Ayuk, Executive Chairman of the AEC.

Logan highlighted the role of majors ExxonMobil and Chevron in confirming the presence of a working hydrocarbon system, which has been supported by recent seismic surveys and data reprocessing that show promise of significant reserves. In 2021, the country opened a direct negotiation process for 33 offshore blocks in the Harper and Liberia basins, with plans to launch a new round later this year. 

“Liberia’s upcoming 2024 licensing round provides the opportunity to secure prime exploration blocks. Our round is expected to attract serious investors, with Liberia offering incentives for early investment and ensuring the yield of substantial returns,” said Logan.

In addition to its prospective hydrocarbon resources, Liberia offers a competitive fiscal regime, stable governance and a conducive operating environment. According to Logan, the country has established a fee structure that incentivizes and rewards oil and gas investors with appropriate returns, while still ensuring Liberia retains social and economic benefits from oil and gas extraction activities.  

“On the policy side, the Liberian government has implemented a robust oil and gas program to ensure a conducive environment for oil and gas investments, including a streamlined regulatory process and stable and democratic political environment,” she said. 

“We have to keep an enabling environment – when we enable you to put in money and finance projects, then we both win. The idea of resource nationalism has to go, and also the demonization of the energy industry,” stated Ayuk.

Distributed by APO Group on behalf of African Energy Chamber.

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