GPB Global Resources and Innovation

GPB Global Resources is headquartered in Amsterdam, and has developed oil production opportunities in South America and Africa to great success. However, certain African countries, such as Mozambique, do not yet have a standardized legal structure regarding the extraction of resources like natural gas. Cote D’Ivoire only recently introduced new laws governing extraction, while Namibia and South Africa have well-established laws that make government petroleum agreements much easier to make. Another challenge is that poor or nonexistent infrastructure in remote locations, along with a tumultuous political climate, often make extraction difficult. For these reasons, government partners often finance infrastructure development in these areas. This can include roads, power plants, water systems, schools, and healthcare centers. More information about GPB Global Resources at ripe.net

The world’s major economies are expected to continue using oil and natural gas for at least another 50 years. Oil-substitution efforts have reduced overall consumption, however, which has disrupted companies like GPB Global Resources. Because of the shift away from fossil fuels, oil companies must remain at the forefront of technology if they want to be successful. This can include better software for geological modeling, new survey methods, increased safety and inspection, and industrial drones. National disputes can also interrupt business, and strong communication is of mutual benefit to both companies like GPB Global Resources and local partners. The trade war between China and the United States, along with the recent attacks on oil infrastructure in the Persian Gulf, are prime examples of why oil companies must be cognizant of possible major changes in the market. Businesses need correct and up-to-date information in order to avoid being surprised by events such as these. GPB Global Resources’ industry experts have decades of experience, and the company is open to new developments in technology. Their founder and director, Boris Ivanov, has stated that companies must be mindful of how their actions impact stakeholders, and also of future global trends. Related: https://gazetteday.com/2019/10/africa-boris-ivanov-gpb-global-resources-b-v/

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