The volatile oil price has caused disruptions in both national and international companies in oil-rich countries worldwide including the Middle East and North America (MENA)regions. In the face of this disruption, there has been a shift in focus towards developing and implementing cost-reduction solutions to survive this volatility. One such sustainable cost-reduction strategy is the concept of content localization, which has emerged as an effective means for capacity building and utilizing human capital in partnership with local organizations. Accordingly, several countries have enacted local content laws that require foreign companies to utilize some amount of local Oil and Gas Manpower & labour material and services in their business functions. One of the crucial aspects of content localization is to prepare the local workforce for the Oil and Gas Industry. It is here the role of local content oil field training comes in. So, what is local content training?
Local content training involves building a local workforce that can form a competitive human resource base for the energy sector. Broadly, it involves the development of local skills, the use of local human resources and local manufacturing, and oil and gas energy transfer.
In sum, the aim of any content localization training for the energy sector is:
- Growth and development of the local workforce
- Creation of revenues for local companies and equipping them to operate at international competitive level of performance
- Transfer of know-how and technology
- Creation of Oil & Gas Jobs for the local population
- Reduce the need for significant expatriate workforce
Whether you are a domestic or international Oil and Gas Sector Company, GET Global, a leading consultancy for the Upstream Oil and Gas Industry can help you achieve competitive edge in the market with cutting edge content localization training in tune with local mandates. Here is how you can benefit from local content training from GET Global.
Market Expertise: There is considerable amount of content that is generated for the energy sector that encompasses compliance regulations, health and safety, technical and legal documentation. With GET Global as your Oil and Gas Industry-experienced training partner, you can be sure that the new and evolving content is translated into the appropriate languages to meet local government requirements. Our instructors and vetted linguists are well-versed with local market terminology and practices and as well as international regulatory requirements. While we translate training content for use for the local population, it is also important to keep in mind that certain content types remain in the source language. This is because similar to the IT industry, there are certain phrases and terminology that are globally accepted in English.
Compliance Training: Apart from specialized learning and skill building for several roles within the energy sector, we also offer compliance training as part of local content. We ensure that all Technical Training materials are communicated in the native language and fully understood by the workforce and when required. Health and safety, legal and regulatory compliance training is integral to our local content courses and qualified interpreters are used to deliver such training. Besides, participants are also trained in soft skills such as presentation skills so that they can function effectively in globalized teams.
In today’s increasingly competitive global energy sector, international oil and gas companies often have to expand in developing markets that offer access to major energy reserves. In exchange they are required to contribute to the country’s economy. As these emerging markets grow and mature, they want greater participation in the business activities to maximize the overall economic benefits for their citizens, develop local economies, stimulate industrial development, build a skilled workforce and create a competitive supplier base, also known as local content. For international oil companies (IOCs) it has become imperative to redefine their business models to fulfil local mandates and it is here that industry-experienced players such as GET Global can help. We provide the crucial link between IOCs and the local population by setting up and implementing local content training programs that help to meet the long-term strategic goals of the international oil and gas companies and the host nations.