Alessandro Bacci, Independent Energy Consultant, Algeria’s and Libya’s Petroleum Fiscal Frameworks
Algeria and Libya are two of the world’s most important petroleum-producing countries. The two countries share a similar economic structure although Algeria has a more diversified G.D.P. composition than Libya has. Algeria has a preponderant role as a natural gas exporter, while Libya has an analogous role in relation to crude oil. However, similarly to many other hydrocarbons producers, Algeria and Libya are having some difficulties in attracting foreign investors at a time when these two countries need state-of-the-art petroleum technology and financial resources to develop their petroleum assets.
John Dielwart, Canada Lifetime Achievement Award Winner 2018
John says that to create a successful business you have to create a scenario where everyone, on all levels, care about the people that they work with.
Upstream Oil & Gas M&A: Co-operation for innovation
In 2017 we saw a continuation of the upturn in upstream M&A which began in late 2016. The oil & gas industry has been through a sustained period of focus on cost cutting but, as the oil price stabilises, many players are now seeing an opportunity to refocus on growth.
Laurance Narbut, Managing Partner, Acceleration Resources
Given the positives associated with Canada outlined herein, we have set up a Canadian office in 2016 and have completed five local investments. We continue to see strong deal flow in a market underserved by capital providers.
James Cairns, VP Petroleum & Chemicals, CN
With our unique 3 coast reach, we are well positioned to help producers reach desirable domestic and international markets.
Joel MacLeod, Tidewater Midstream and Infrastructure Ltd.
Key challenges according to Joel are – discounted prices as a result of limited market access and regulatory hurdles and lack of institutional interest.
The MSGBC Basin: No “One Hit Wonder”
Following some exciting world-class discoveries, the oil and gas industry’s eyes were all on the MSGBC Basin. Soaring to the top of the list as Africa’s most exciting new E&P hotspot, the basin was the new “cool kid on the block”. However, this excitement has recently been dampened by some disappointing results…here’s why you might want to hold back that judgement for now, and why the MSGBC Basin should still be on your radar in 2018.
Nina Bowyer, Partner – Solicitor & Co-Head: Global Africa Group, Herbert Smith Freehills
The African oil and gas industry continues to evolve. Our clients are optimising efficiencies across the value chain, strengthening balance sheets and introducing new technologies, whilst continuing to navigate complex regulatory environments, geopolitical risk, disputes and market disruption. Our specialist Africa oil and gas team is helping our clients shape new strategies to continue to grow and deliver value to stakeholders.
Anass Joundy, Principal Banker, European Bank for Reconstruction & Development (EBRD)
North and East Africa will represent the main opportunities for growth within the industry and the continent and Egypt will certainly be at the forefront of this wave of opportunities.
William Pollen, Director, Invest in Africa
Until we can make it easier for investors and local companies to play a more prominent part of Africa’s development story then the same old challenges and barriers to growth that we see today will exist long after even the natural resources are gone.