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Super Basins 8: Could offshore Namibia be an Advantaged, Sustainable, Super Basin?


....given confirmed exploration success, developments need careful thought!
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FEATURED SPEAKERS
NJ Ayuk
» Executive Chairman, African Energy Chamber
» African Energy Chamber
Greg Coleman
»
» Future Energy Partners Ltd

Full Agenda

Friday, June 24, 2022
Webinar
Online

We invite you to register for our Namibia webinar a week on Friday (June 24) at 1pm London time where we'll look at how Namibia is developing and should develop, with a talk from N J Ayuk, executive chairman of the African Energy Chamber, based in Johannesburg.

Both Shell and Total Energies have announced significant discoveries offshore Namibia.

The question now is whether they can be developed in the right way. According to standards of the 2020s, that means no flaring - which is hard to do when producing oil to an FPSO - where is the associated gas going to go?

In the webinar, NJ Ayuk, Executive Chairman of the African Energy Chamber, based in Johannesburg will discuss the regulation that Namibia needs to ensure that the discoveries give maximum benefit for the people of Namibia and neighbouring countries.

The Chamber has stated that it believes Namibia's government needs to take steps to develop an oil and gas bill to ensure effective regulation and provide clarity and certainty to investors, supporting market driven policies, ensuring transparency. The bill will also enable regulation of the industry, covering tax, risk, ownership, safety, environmental and local content policies.

Mr Ayuk is also a lawyer concentrating on negotiation and structure of oil and gas transactions, and an advisor to governments on legal issues.

There will also be a short talk from Greg Coleman of Future Energy Partners on a concept for a FPSO based field development plan which would involve no flaring or any emissions.

This webinar is at 1pm London time on June 24th

Agenda

 
13:00 David Bamford - Director
Future Energy Partners Ltd

Welcome & Introduction: What have we learned from Guyana?


David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He joined the board of Premier Oil in May 2014.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

Future Energy Partners Ltd
Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technic
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13:10 NJ Ayuk - Executive Chairman, African Energy Chamber
African Energy Chamber

Namibia needs to act now to regulate its offshore industry and ensure maximum benefit for the people of Namibia and Africa


Watch Video   
Talk Description
"Commenting on the Graff-1 discovery (prior to the Venus-1 result) we believe Namibia’s government must now take steps to develop an oil and gas bill to ensure effective regulation and provide certainty to investors. “The establishment and implementation of market-driven policies through an oil and gas bill,” the Chamber added, “will have a number of benefits, both for explorers and producers and the country itself. Firstly, the bill will improve certainty and transparency across the industry, providing IOCs and domestic companies clarity with regards to industry procedures and policies. This will ensure productivity while reducing time taken to get projects off the ground. Secondly, the bill will enable the regulation of the industry, providing clarity on tax, risk, ownership and safety, as well as environmental and local content policies.”
Mr. Ayuk concentrates particularly on the structuring, local content, documentation and negotiation of oil, gas and petrochemical transactions including, acquisitions, divestitures, joint ventures, project development and financing.

His practice focuses on upstream, midstream and downstream transactions in the domestic and international energy sectors. His clients include oil and gas producers, operators, petrochemical manufacturers, oil field services companies and financing parties in the energy industry.

He has played a key role in negotiating and documenting the purchase and sale of upstream and midstream oil and gas assets, farmins, farmouts, volumetric production payments and other drilling fund and development dollar investment arrangements, as well as petrochemical project development, asset acquisition and divestiture and joint venture investments. Mr. Ayuk brings his understanding of energy issues to the table and helps clients to evaluate risks and opportunities in a transaction while pursuing their objectives.

He continuously advises government on judicial modernization, rule of law issues, training of judges, prosecutors and lawyers.
He regularly participates in industry-specific conferences and seminars as speaker and moderator.
He is recognized one of the world’s leading energy lawyers in 2016 Who's Who Legal: WWL says: NJ Ayuk is “a certain inclusion” according to clients, who praise his “outstanding work” relating to the structuring, negotiation and implementation of petroleum, mining and LNG projects. The Oil and Gas Year Publication recognized him as "a shrewd, street-smart, savvy dealmaker and major asset"? and Chambers and Partners recognized him as an "important player"? and a "tremendous resource"-an acknowledgement bestowed upon him by his peers in the industry. Forbes magazine name him on its list of Top 10 Most Influential Men in Africa in 2015 and he is a Global Shaper with the World

African Energy Chamber
At The Forefront Of The African Energy Industry

We uphold a results-focused business enviro
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13:30 Greg Coleman -
Future Energy Partners Ltd

An FPSO-based FDP that involves no flaring and no emissions?


Greg has over 40 years experience in the oil and gas industry including over 30 years experience with BP plc following which he served as CEO of a private equity backed company he co-founded called Canamens and subsequently as CEO of a listed company on the London Stock Exchange called Independent Resources plc subsequently refinanced and renamed now called Echo Energy plc.

At BP, Greg served as Business Leader for BP Norway, Head of Investor Relations and finally as group Vice President for Health, Safety, Security and Environment at global remit before retiring in 2006.

Future Energy Partners Ltd
Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technic
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13:50 Karl Jeffery - editor
Finding Petroleum

Q&A followed by Close no later than 14:15


Karl Jeffery is editor and co-founder of Digital Energy Journal, and conference producer of Finding Petroleum. He is also publisher of Carbon Capture Journal and Tanker Operator, and co-founder of Digital Ship, a publishing and events company covering digital technology for the deep sea maritime industry. He has a BEng in chemical engineering from Nottingham University

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on t
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