– Petroleum Africa
On Tuesday, December 8, 2020, at the headquarters of the National Oil Corporation ( NOC ) in Tripoli, a signing ceremony was signed between the NOC and KPMG International for a project to develop an integrated system for financial and administrative systems, human resources, manufacturing, and production, in the presence of the Chairman of the Board of Directors Eng. Mustafa Sanalla, Mr. Mohammed Al-Zamuri, Chairman of the Board of Directors of KPMG Tunisia, and the members of the Board of Directors of the NOC, Mr. Abulgasem Shengeer, Mr. Elamari Mohamed and Mr. Jadallah Al-Awkali.
The Chairman Of the Board of Directors Eng. Mustafa Sanalla opened the signing ceremony with a speech welcoming the audience, in which he explained that by concluding this important agreement and implementing it, the NOC will be able to mechanize all its works, and introduce modern digital technology for all its financial, administrative, and technical systems related to the fields of exploration, production, industrialization, international marketing, and human resources, which will contribute to strengthening the status of the NOC globally, as the first sovereign institution in Libya that have applied the concept of transparency and good governance with professionalism, and in line with the standards that major energy companies are working with Internationally.
Commenting on this, The Chairman Of the Board of Directors Eng. Mustafa Sanalla said: “KPMG has been selected to implement this project, being one of the top four companies in the world and with extensive experience in this field, and we hope that the company will be able to achieve the objectives of the NOC in the transformation of all its business digitally within the upcoming two years.”
The Chairman and members of the Board of Directors of the NOC have also directed all relevant departments to provide the necessary support and data needed by the company, to contribute to the implementation and completion of this important project in the shortest possible time.
For his part, Mr. Mohammed Al-Zamuri, Chairman of the Board of Directors of the company, thanked the Chairman and members of the Board of Directors of NOC and its employees, for their great confidence in their selection of KPMG to implement this project, He explained that the company will put all its expertise to achieve the objectives of the NOC in updating its systems and organizational structures, to work in an integrated and sophisticated way, as he confirmed that the company will begin its work immediately by analyzing the current situation and evaluating it, to reach the required level and the optimal situation to complete this large project.
The signing ceremony was attended from NOC side by the general managers, a number of specialists in the relevant departments, the chairman and members of the committee charged with following up on the project, and KPMG representatives to Libya, Mr.Hussein Abu Nawara and Mr.Abdul Rahman al-Shara.
Related posts
Nigeria’s Former Jonathan Tells African Leaders To Put Humanity First
Joke Falaju, Abuja Bags African Heritage awardFormer President Goodluck Jonathan has urged African leaders privilege to hold public offices to become servants of the people, and not turn themselves into the “bosses of the people”.Jonathan stated this while receiving the African Democracy and Peace Icon…
7th Edition Connected Banking Summit East Africa – Innovation & Excellence Awards 2023 Concludes
POSTED ON MARCH 28, 2023 BY AFRICA BUSINESS The Summit brought together the best and brightest minds in the banking, financial services, fintechs and techfin sectors. The event, which took place on 7th March 2023, featured insightful speakers, award-winning companies, and top-notch sponsors. Attendees were treated to a range…
2020 Awards | Social Media For Social Good Award Announces 100 Micro & Macro Social Media Influencers For Good
Social Media For Social Good Award Announces 100 Micro & Macro Social Media Influencers For Good and Set To Award 25 Of Them On The 13th Of June 2020. The most anticipated list of Nigerians using social media for social good which is curated by…
Ergonomic Furniture Dealer Formfunc Studio Awarded SA’s First 6-Star Green Star Award
-African Independent The Green Building Council of South Africa (GBCSA) has awarded Cape Town-based Formfunc Studio, a leading ergonomic furniture supplier, a 6-star Green Star rating following the recent fit-out of their office, showroom and DC in Johannesburg. The project, led by specialist sustainability and…
The Risk And Reward Of ChatGPT In Cybersecurity
Juan is an experienced CTO with a demonstrated history of working in the computer and network security industry. He is an information technology professional skilled in SAP and Oracle applications, computer forensics, vulnerabilities research, IPS/IDS and information security. Unless you’ve been on a retreat in…
Explained – History Of Money From Fiat To Crypto
What is money? Money as a concept has been a cornerstone of human civilization and economic development. To start with the latter, money is a method of storing value and worth, and it also functions as a medium of exchange that allows individuals to exchange…
Studies Show That Nigerian Crypto Foreign Investment Is At A Record Low
Foreign direct investment in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country. The largest economy in Africa has a foreign investment problem despite exponential growth in crypto adoption. The National Bureau…
Growing The Bitcoin Development Ecosystem In Africa
– Abubakar Nur Khalil | Bitcoin Magazine Bitcoin development in Africa, with a proper regulatory environment, could equally accelerate the continent and the technology. In this piece, we’ll be analyzing the current state of the Bitcoin developer ecosystem in Africa, ways to improve it and…