World-Class Insight Into International Local Content Progress at the 8th Annual Global Local Content Summit

LONDON, June 21, 2012 /PRNewswire/ --

Oil & Gas IQ recently announced that the Global Local Content Summit 2012 will take place in London, United Kingdom on the 24^th - 27^th September, 2012. Now in its 8^th consecutive year, the congress is the largest and most prestigious annual gathering of senior local content decision makers from across the globe.

http://www.localcontentsummit.com/news

"The recent steady high oil price has driven fresh exploration in the developing world. But will this FDI (foreign direct investment) lead to equitable growth? Local Content is seen as the solution for transforming developing nations into growth economies." says Luke Treacy, event director for the 8th Annual Global Local Content Summit.

"What can the new frontier states of Mozambique, Uganda, Tanzania, Liberia and Ghana learn from their experiences of the more mature petroleum industries of Nigeria, Brazil, Indonesia, Kazakhstan, Angola and Australia who may (or may not be) on the right track?", continues Tracy.

This year's Global Local Content Summit has been specifically designed to address the issues raised. Encompassing a vast expanse of themes and regions, the Summit explores new frontiers in African policy development, updates from the MENA region and the impact of the Arab Spring as well as insights from local content leaders from Latin America.

Experts in the industry can also join the pre-event discussion in the exclusive Linked In group: http://www.linkedin.com/groups?gid=3873150&trk=myg_ugrp_ovr

Key speakers include:

Emmanuel Buah, Deputy, Minister for Petroleum, Republic of Ghana;
Ernest Nwapa, Executive Secretary, NigerianContent Development Board (NNPC);
Elias Kilembe, Tanzania Petroleum Development Corporation (TPDC);
Hugo Perez Cordova, Development Manager, Suppliers and Contractors, Pemex;
Alessandro Ciocchi, Vice President, V-Ships Offshore;
Tam Brisibe, Former Senator, House of Representatives, Republic of Nigeria;
Susan Kubanis, Sustainability Manager, Bechtel Corporation;
Dr. Michael Warner, Former Local Content Manager, BG Group

Find the full programme, event details and registration information about the 8^th Annual Global Local Content Summit on http://www.localcontentsummit.com/news , phone +44(0)-20-7036-1300 or email enquire@iqpc.co.uk

Media contact: Veronica Araujo, +44(0)20-7368-9748, veronica.araujo@iqpc.co.uk or visit http://www.localcontentsummit.com/news

Press are invited to attend this important industry forum, if you would like to a complimentary press pass please email Veronica Araujo (veronica.araujo@iqpc.co.uk  )