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West Africa’s oil, gas producers meet in London

Ghana, Nigeria and Equatorial Guinea delegations are meeting from November 16 to 18, this year in London for the Gulf of Guinea Oil and Gas Week to discuss current developments and future opportunities in the Gulf of Guinea region. Legal and fiscal issues and how to maximise revenue and increase investments in the region would also form part of the discussion.

Ghana’s Minister of Energy Dr Oleng Adjei and the ministry’s Legal Counsel, Vivienne Gadzekpo will lead their country’s delegation to discuss Ghana’s upcoming developments and how the Petroleum Law can optimise the impact of oil and gas in local development.

Equatorial Guinea’s Minister Delegate for Mines, Industry and Energy, Gabriel M Obiang Lima, is set to deliver an update on the Gas Masterplan and review the progress and timeliness of the 3G Consortium. Serapio Sima Ntutumu, Sonagas, G.E.’s Deputy Director-General, is to address new opportunities in refining and petrochemicals as well as assess contractual models for successful partnerships in Equatorial Guinea.

The Nigerian delegation headed by Hassan Tukur, Principal Secretary to President Goodluck Jonathan also includes Prof Yinka Omorogbe, NNPC’s Company Secretary, who will discuss future opportunities for investments as a result of the much-talked about Petroleum Industry Bill, and Dr Tim Okon, Group General Manager, Strategy, NNPC, who is set to present the fiscal terms of the PIB and its implications for investors. The new Nigerian Content Act will be covered by Ernest Nwapa, Executive Secretary, Nigerian Content Development and Monitoring Board.

Gulf of Guinea Oil and Gas Week, is an essential forum to gain insights into the current developments in West Africa. Ministers, government and NOC representatives will be present during the three days of the conference to network and discuss upcoming projects and contracts. Delegates from international oil companies will be on hand to speak about possible collaborations and future opportunities.
http://thenationonlineng.net/web3/business/energy/18344.html

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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