In 2019, we expect more than 9% in production growth, thanks to the ramp-ups of large projects like Kaombo or Egina plus some start-ups in Brazil, UK and Norway. But we can also expect a volatile Oil & Gas environment! This is why we will maintain financial discipline and pressure on cost reduction to further reduce our break even so as to remain profitable whatever the oil price and be able to invest in the company for the future..
The Canada Assembly & Dinner is the birthplace of the Women’s Energy Council (WEC) and Canada has been more active than anywhere else in the world for this platform.
At the Oil and Gas Council, our role is to ensure we reflect our membership. It hasn’t escaped our notice that many of our members are undergoing efforts to realign their core business to a broader energy focus. Additionally, our network of financiers and investors are increasingly open to new opportunities that don’t sit in the traditional realms of upstream.
Our network has been built around connectivity, trust, integrity and most important impartiality. This final pillar presents an important distinction to many of the initiatives currently being pursued in the clean energy space.
Iran has the world’s fourth largest proven crude oil reserves at 158 billion barrels (after Venezuela, Saudi Arabia, and Canada) and the world’s first proven natural gas reserves at 1,183 trillion cubic feet.
The number of new gas to power (G2P) project announcements has swelled in recent months across diverse markets, including Asia, Africa and Europe — but potential challenges need to be considered.
Since a couple of years, our clients are having to transform as the market is adapting. The focus is on lower field development and operations costs, quicker project life cycle, shorter schedule, reduced risk profile, all of which will improve their projects economics.
Independent producers are a key category of customers for us. We can help them detect early on when a market is about to get weaker and become a buyer’s market.
NuEnergy Gas is an Australian-listed, clean energy company focused on the development of Indonesian gas assets.
As a graduate interested in energy economics the oil & gas industry was very exciting – the obvious place for me to look to start my career.
While BD Globe Capital has been providing investment and smart capital solutions to the energy sector worldwide for years now, we have a particular focus at present on ‘upstream Nigeria’, no doubt having been of great interest to us for the last 7 years.
In a way, I can say that I have been involved in the industry throughout my career. In the 80s, the geological unit was involved in oil and gas amongst other things.
In my position as Permanent Secretary of Energy and Economic Affairs in early 2000, I was also the head of the Policy Analysis Unit, Department of Geology and Commission of Petroleum. They were all reporting to me.
In the early 2000’s I did my first transaction in Nigeria and I realised that there was a lot going on in Africa. In the mid -2000’s for two to three years, I travelled between Dubai and Calgary every six weeks as Dubai was very much a gateway of finance to the African continent.
It is the first time that we have confirmed such large gas deposits and we have to be prepared to fulfil the needs of the experts in the areas of oil and gas, or mining, for example.
I run a campaign and advocacy organization called Power-For-All whose aim is to promote decentralized renewable energy (DRE) as the quickest, easiest and most cost effective way of encouraging energy access globally.