The Oil & Gas Year Ghana 2018 Strategic Rountable

TOGY’s first-ever Ghana Strategic Roundtable will be a breakthrough discussion covering original and relevant subjects for one of the world’s fastest-growing economies with an energy industry attracting global giants including ExxonMobil and Aker, BP, as well as the already-present Eni, Tullow Oil and Kosmos Energy.

This year’s event will focus on two themes: Market entry strategies and achieving success, and options for making Ghana a petroleum hub for the West African region.

Following a welcome address by Freddie Blay, chairman of GNPC, speakers will include Kwadwo Asare Kyei, manager of local content at the Petroleum Commission; Rosalind Kainyah, Aker Energy board member; Tosin Etomi, country manager of Sahara Group; and Nuertey Adzeman, executive director of the Ghana Oil & Gas Service Providers’ Association.

At the end of the discussion, speakers and guests will be invited to a networking luncheon. TOGY will also make available individual spaces where executives will be able to have a private conversation.

Roundtable and Golf Tournament

“The challenge is to exploit our achievements to drive further investment. To seize that opportunity we must tell our story to the global industry.”

Ainsley Gill, CEO, NiQuan Energy Trinidad

The discussion event is followed by a golf tournament and all attendees are welcome to register and play.

At 11:00am, on the 7th of September, guests will be welcomed to our beautiful venue by the calypso rhythms of the Pink Panther (Eric Taylor). Due to demand the guest list is being limited to upper management.

The event promises attendees with opportunities to expand their networks, and build their awareness of shifting trends, and new trajectories in the oil and gas sector, and potential energy markets.

We are proud to name some of the esteemed panellists of the TOGY roundtable:

Guest speaker: Ainsley Gill, Group CEO of NiQuan Energy

Session one: UPSTREAM

Joel M. Pemberton, CEO of DeNovo Energy

Ryan Ramjit, Exploration Manager of Repsol Guyana 

Roger Packer, former Managing Director of Tucker Energy

Shawn Rampersad, COO of Ramps Logistics

If you would like to receive the official invitation to this event please email your request to Indra Francis, Project Coordinator at Trinidad_tobago@theoilandgasyear.com

Oman 2018 Strategic Roundtable

The event brought together His Excellency Salim bin Nasser Al Aufi, undersecretary of the Ministry of Oil and Gas; Raoul Restucci, managing director of PDO; Stephen Kelly, president and general manager of Occidental of Oman; David Campbell, operations manager of BP; Devaki Khimji, executive director of Al Tasnim Group; Andrew Sutherland, exploration director for Hydrocarbon Finder; Walter Simpson, managing director of CC Energy Development; and Mohsin Al Hadhrami, managing director of Schlumberger, to engage in an open and constructive dialogue about the progress Oman’s oil and gas industry has made and future perspectives given the deep changes taking place within the energy industry.

James Thomas, energy partner with Strategy&, was the moderator for the strategic roundtable.

The event, titled “Oman – The path towards a new energy future,” covered themes including the fourth industrial revolution and oil and gas development, the role of renewable energy and clean technologies in increasing energy efficiency and driving down costs, the strategic significance of R&D and development of indigenous processes to strengthen competitiveness, building lasting resilience in the industry to cope with oil price cycles and entrenching gains made by the industry during the downturn, among others.

Speaking about these technological changes, His Excellency Al Aufi stated, “The fourth industrial revolution is changing the way the industry works, with significant implications in terms of human capital,” while Devaki Khimji of Al Tasnim Group stated, “As a contractor, our side of the industry is very labour intensive. We are trying our best to make use of the latest technologies in helping people to be more productive in our operations.”

An edited version of the discussion will be published in full in The Oil & Gas Year Oman 2018 and on the TOGYiN business intelligence platform.

The Oil & Gas Year Indonesia 2017 Strategic Roundtable

The event, held in collaboration with Bimasena, Indonesian Petroleum Association and SKK Migas, fostered a dialogue on energy-related topics between the government and the private sector, gathering top-level executives from across Indonesia’s oil and gas value chain. Representatives from BP, Pertamina, Statoil, ConocoPhillips, Medco Energi, Vico, Ophir, Chevron, Petronas, Mandiri Oil, Talisman and Schlumberger, to name a few, joined a comprehensive discussion on the oil and gas investment climate in Indonesia. Topics included increasing attractiveness in regional and international markets.

The panel of speakers comprised Deputy Minister of Energy and Mineral Resources Arcandra Tahar, International Petroleum Association president Christina Verchere, Bimasena energy executive Ari Soemarno, World Bank representative Nathaniel Adams, ConocoPhillips president and director Bijan Agarwal, SKK Migas vice-chairman Sukondo, Ministry of Finance representative Suryo Utomo and MedcoEnergi COO Ronald Gunawan.

The event focused on the country’s newly revised gross-split scheme, which is currently gaining momentum. The changes have been positively received by industry operators, along with efforts to improve the competitiveness of the Indonesian upstream sector.

“When we apply consistent assumptions regarding ICP [Indonesian crude price], field profile and tax treatment, our preliminary modeling suggests that investor IRR [Internal Rate of Return] and NPV [Net Present Value] under the gross-split scheme is likely to be no worse than under a cost recovery scheme. In some cases, it may be marginally higher,” Nathaniel Adams of the World Bank commented on the topic during the roundtable.

However, while it is reassuring that the Indonesian government has revisited the terms of the gross-split PSC, industry operators still question which tax terms the Ministry of Finance will apply to the contracts. The participation of government bodies in the discussion signals a willingness to listen to concerns raised by upstream operators.

“In the future, I hope that all parties are part of the solution, not part of the problem. I believe that by listening, everything can be clarified and resolved. I am also trying to listen more than speak,” Deputy Minister of Energy and Mineral Resources Tahar said.

His eminency, professor Dr. Subroto, closed the ceremony by inviting government representatives and private sector operators to continue to find channels of dialogue and to work together to find win-win solutions to challenges facing the country’s hydrocarbons industry. Professor Subroto also expressed confidence that collaborative efforts will ultimately benefit the people of Indonesia by ensuring the island nation’s future energy security.

“The important thing that we learned today is that problems exist and that they have to be addressed by finding win-win solutions. The openness of the discussion from deputy minister Tahar shows that the government is ready to listen to suggestions provided by the industry. There is also a clear willingness from both the private sector and the government to sit together and improve channels of communication,” professor Subroto stated in his closing remarks.

An edited version of the discussion will be published in full on TOGYiN and in The Oil & Gas Year Indonesia 2018.

TOGY is a leading supplier of strategic communication, business intelligence and networking services dedicated to the global energy industry. The publication produces annual country specific reports for more than 35 petroleum markets around the world. The Oil & Gas Year Indonesia 2018 will be TOGY’s fourth consecutive edition on the island nation and will offer a unique opportunity to provide in-depth analysis of the country’s energy industry as seen through the eyes of the country’s leading energy executives. TOGY reports are valuable resources and critical tools for energy investors around the world, highlighting and promoting key actors, companies, projects and opportunities. TOGY distributes copies to executives and government members in 101 countries.

Trinidad & Tobago’s 2017 Strategic Roundtable

The event was sponsored by the National Gas Company of Trinidad and Tobago (NGC), local environmental consulting firm Coastal Dynamics and the Inter-American Development Bank (IADB). Tomas Bermudez, IADB country representative, served as the moderator.

The discussion brought together a group of esteemed panellists, including Mark Loquan, NGC president; Gerry C. Brooks, NGC chairman; Fitzroy Harewood, Petrotrin president; Senator David Small; Dwight Mahabir, Damus  CEO; Joel M.C. Pemberton, DeNovo Energy; and Eugene Tiah, Massy Holdings’ executive chairman of energy and industrial gases business unit. Participants engaged in an open and constructive dialogue regarding the underlying tendencies, challenges and proposed solutions as they relate to Trinidad and Tobago’s hydrocarbons industry, in addition to the nation’s specific business processes.
Entitled “Creating alignments and exploring new opportunities on the horizon,” the event brought the following key topics to the forefront of discussion: adjustments to the country’s national energy policy, improving the performance of state-owned enterprises and creating greater alignments between government and industry players to mitigate gas shortages. Panelists also delved into ways that the country might encourage the application of new technologies within the upstream sector and promote plans to provide Trinidad’s energy services expertise to other countries.

“The NGC is having conversations with the Ministry of Energy and Energy Industries, the Energy Chamber, services providers and universities to increase value across the entire value chain,” Loquan said.

“We need to learn from Pemex as an NOC and take the initiative [to change and restructure]. It is important to establish a platform that ensures the new materials in our sector come at the lowest prices in order to produce more and have better margins,” Harewood, told the audience.

Pemberton expressed his opinion by affirming that “the industry needs to be crystal clear and standardised guidelines for attracting investment to the country’s energy sector. We have to attract more capital to the upstream sector for stable projects and we need more independent operators like DeNovo Energy. We don’t have to wait for bid rounds, those will take years to happen while operators need to make their business decisions now. The government has to be more effective, we must diversify our options and create a more sustainable industry.”

An edited version of the discussion will be published in The Oil & Gas Year Trinidad & Tobago 2018, which is due to launch in Q3 2017.

TOGY is a leading supplier of strategic communication, business intelligence and networking services dedicated to the global energy industry. The publication produces annual country specific reports for more than 35 petroleum provinces around the world. The Oil & Gas Year Trinidad & Tobago 2018 will be TOGY’s fourth consecutive edition on the twin island country and will offer a unique opportunity to provide in depth analysis of the country’s energy industry as seen through the eyes of the country’s leading energy executives. TOGY reports and its revolutionary digital business intelligence platform TOGYiN are valuable resources and critical tools for energy investors around the world, highlighting and promoting key actors, companies, projects and opportunities. TOGY distributes copies to executives and government members in 101 countries.

Oil Trading and Logistics

The annual OTL Africa Downstream Week is the continent’s leading business forum for market insights, emerging opportunities, products’ showcase and recognition of excellence in the African downstream petroleum value-chain. It features a strategic conference, dedicated industry exhibition and the annual OTL Downstream Industry Dinner. Also called The Africa Downstream Week, it is organized in collaboration with key partners in government and the industry.

Globally acknowledged as the biggest platform for downstream oil and gas networking and businesses on the continent, the event enters its eleventh edition on 22-25 October, 2017 at the Lagos Oriental Hotel.

Regional Energy Co-operation Summit

Energy, infrastructure and finance will form the cornerstones of the discussions. Cross-border cooperation in West Africa is crucial to develop mechanisms that facilitate trade and power exchange among States. Sessions will address cross-border co-operation and regional integration, unlocking West Africa’s investments in energy and infrastructure to support industrialisation.

This meeting has the full support of the Ministry of Power of the Republic of Ghana, GRIDCo, Electricity Company of Ghana (ECG), and the Public Utilities Regulatory Commission (PURC) as well as the West African Power Pool (WAPP) and ECOWAS Regional Electricity Regulatory Authority (ERERA).

The Oil & Gas Year Angola Strategic Roundtable 2016

The roundtable covered contemporary topics for the hydrocarbons industry in Angola, including themes of collaboration for the improvement in competitiveness in Angola, both in existing and future operations, and how harmonisation of technical solutions can also play a part in improving the competitive landscape. The panel also discussed the factors enabling greater competitiveness and what obstacles remain, as well as analysing sectors that offer the greatest potential for new projects in the country.
On the occasion, The Oil & Gas Year officially launched its digital business intelligence platform TOGYiN for the Angolan market. TOGYiN is a one-stop shop business intelligence platform, providing energy executives with GIS maps, networking opportunities and detailed information from more than 25 markets, 2,000 people, 1,500 companies and many projects.
The event was attended by Angola’s most important players, including Edson dos Santos and Jorge de Abreu, executive directors at Sonangol; Ricardo Van-Deste, board member at Sonangol P&P; Darryl Willis, regional president at BP; John Baltz, managing director at CABGOC; Pedro Ribeiro, deputy general manager at Total; and Antony Peters, business services manager and treasurer at Esso Angola. Also present were Dominigos Freitas, country director at Weatherford; Patricia Lopes, country manager at Heerema Marine Contractors; Pedro Godinho, executive director at the US-Angola Chamber of Commerce; and Arnaldo Lago de Carvalho, a board member from Nalco.
Speaking about the future scenarios of the Angolan landscape, De Abreu told the panellists and guests that Sonangol is “attentive to what is going on the industry, and we are setting a few initiatives that will be, in our opinion, good for the oil industry operators and service providers.” Van Deste added that most operators in Angola have made a huge effort to improve collaboration, citing the Association of Service Providers of the Angolan Oil & Gas Industry (AECIPA) as a prime example of this.
The Oil & Gas Year is the flagship title of The Oil & Gas Year Limited, a publisher of annual business intelligence reports on more than 35 markets worldwide that are critical business tools for energy investors, highlighting and promoting key actors, projects and opportunities.

India 2016 Strategic Roundtable

The event focused on the strategic importance of the year 2016 for India’s oil and gas industry, in light of the new Hydrocarbon Exploration and Licensing Policy (HELP), Prime Minister Narendra Modi’s motion to make India more energy efficient by 2022 and the new carbon pathway in line with COP 21 engagements.

The event also covered new local areas of investment, particularly in deepwater and ultra-deepwater areas of India’s offshore sector, and a broader look into the expectation of international investment in various sectors and industries in the country.

The event was strictly by invitation only convened 15-20 high-level executives at the Imperial Hotel in New Delhi. It also showcased the unveiling of the new TOGYin online platform.

Recommendations from the discussion will be transcribed and featured in the TOGY India report, published in Q4 2016. Video coverage will be streamlined on the TOGYin online platform.

 

The Oil & Gas Year Strategic Roundtable, Nigeria 2016

Panellists discussed the challenges and opportunities related to the continued development of the gas to power value chain. With representatives from gas producers, power generation companies, power distribution companies, and the country’s national oil company, the event served as a unique platform for industry leaders to engage in dissecting infrastructural, funding, and policy issues and the way forward on one of the most relevant topics to Nigeria: power.

Country director for The Oil & Gas Year Nigeria 2016 Brindusa Negrea opened the event discussing the significance of the gathering, “Power is the heart and lifeblood of any economy. With the low oil price, we are here to discuss how we here in Nigeria can fuel change and bring uninterrupted power to Nigerians.”

The importance of the economic implications was emphasised by Dr. Lazarus Angbazo of GE Nigeria, “Our power problem in Nigeria is growing exponentially. We are hurting the Nigerian economy and will fall behind in our attempts to become a top 20 economy.”

Many solutions were proffered by the panellists on the issue. David Ige of GasInvest reckoned it is imperative to “focus on the projects we already have in the works, reach the pockets of stranded gas in country, and create liquidity in the market to bring in investment.”

Oando chief strategy officer Ayo Ajose-Adeogun mentioned the need for a top-down approach. “The CBN, financial institutions, the Ministry of Power and the Ministry of Petroleum Resources need to put together targeted fiscal and regulatory incentives for potential investors.”

The roundtable will be printed in The Oil & Gas Year Nigeria 2016 edition as well as posted on The Oil and Gas Year’s YouTube channel and will feature the comments and views shared by the participants throughout the event.

The event was held in partnership with the federal government of Nigeria, the Department of Petroleum Resources, the Nigerian Content Development & Monitoring Board and indigenous upstream operator Oando, and was sponsored by Amni International and Weatherford Nigeria.