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The Guyana Oil & Gas Economic Summit will serve as a platform to navigate this developing market, bringing together oil and gas operators, regulators, investors, tier 1 contractors, and service companies, to advance the establishment of Guyana’s oil and gas sector, and to strategize for how Guyana can best harness the economic benefits of an established oil and gas industry.

Agenda

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As one of the few major new conventional oil regions discovered this century, Guyana is set to be transformed over the course of the next decade, with the country predicted to emerge as a top per capita producer of oil. Discoveries in Guyana mark an important find for the global industry, with their medium-light crude filling a hole in the global crude oil market and sparking an increased interest in oil from majors who have increasingly focussed on gas and shale in recent years. With estimated production costs of approximately $46 per barrel sitting well below current oil prices and predicted annual gross oil revenues of $13 billion by 2025, Guyana is also proving increasingly competitive. The oil and gas sector can also propel other sectors within the Guyanese economy, ensure that the Guyanese benefit from the natural resources available, and contribute to the development of a Green Economy in Guyana.
The Guyana Oil & Gas Economic Summit will serve as a platform to navigate this developing market, bringing together oil and gas operators, regulators, investors, tier 1 contractors, and service companies, to advance the establishment of Guyana’s oil and gas sector, and to strategize for how Guyana can best harness the economic benefits of an established oil and gas industry.

Sessions One and Two

Session 1 - Policy & Future Country Outlook

In the face of a newly emerging industry, this session will evaluate the policy initiatives shaping the direction of the Guyanese oil and gas industry. Discussion will consider government forecasts, regulations, strategic partnerships, and building a domestic and global market for Guyanese oil & gas.

Schedule:

  • 9:25 Chairs opening address
  • 9:30 David Granger, President of Guyana
  • 9:50 Dr Mark Bynoe Head of Energy, Department of Energy of Guyana
  • 10:10 Rod Henson, Country Manager, ExxonMobil
  • 10:30 Main Sponsor
  • 10:50 Q&A
  • 11:00 Coffee & Networking Break

Session 2 - Operator Results & Future Plans

With an increasing number of operators now working in Guyana this session will focus upon initial results and operators’ plans moving forward. Operational challenges, drilling & production costs, operational strategy, recoverable quantities, and predictions moving forward will all be addressed.

Schedule:

  • 11:45 Jerome Kelly, South American Manager Tullow Oil
  • 12:05 Case Study
  • 12:25 Ryan Ramjit, Exploration Manager, Repsol
  • 12:45 Case Study
  • 13:05 Olivier Wattez, Managing Director, Total
  • 13:25 Q&A
  • 13:35 Lunch & Networking

Sessions Three and Four

Session 3 - Infrastructure

Exploration developments in Guyana to date have shed light on much-needed infrastructure improvements across the country. This session will discuss strategies for transitioning Guyana’s infrastructure to accommodate oil and gas exploration. Discussion will focus upon infrastructure needs, road maps, and best practice, alongside case study experience from other developing industries and countries.

Schedule:

  • 14:35 Chairs opening address
  • 14:40 David Patterson, Minister of Public Infrastructure Guyana
  • 15:00 Case Study
  • 15:20 Mike Parker, Americas Infrastructure Leader, EY
  • 15:40 Q&A
  • 15:50 Coffee & Networking Break

Session 4 - Supply Chain

With numerous oil and gas operations scheduled for 2019 Guyana needs to build a stable and reliable supply chain. This session will address supply chain needs moving forward across exploration, construction, pipelines, drilling, extraction, environmental management, production, storage, and transportation, alongside joint ventures, operations-centric models and maximizing efficiency.

Schedule:

  • 16:05 Case Study
  • 16:25 Nicholas Deygoo, President, George Town Chamber of Commerce
  • 16:45 Manniram Prashad, President, Guyana Oil & Gas Chamber of Commerce
  • 17:05 Q&A
  • 17:15 End of conference

Sessions One and Two

Session 1 - Environmental Regulation

Monitoring the environmental impacts associated with oil and gas operations is crucial to the viability of the industry. This session will explore the environmental regulations needed to ensure operations are conducted safely and with minimal environmental impact. Discussion will include best practice for managing the physical footprint of operations, surface pollution, safe technologies and the need for environmental impact assessments.

Schedule:

  • 9:25 Chairs opening address
  • 9:30 Dr Vincent Adams, Executive Director, Environmental Protection Agency
  • 9:50 Case Study
  • 10:10 Kimberley Kaal, Environmental and Regulatory Lead, Shell
  • 10:30 Case Study
  • 10:50 Q&A
  • 11:00 Coffee & Networking Break

Session 2 - Energy Reform

This session will consider the impact of oil and gas exploration upon wider energy reform in Guyana. Discussion will focus upon how profits from oil and gas operations can be utilised to propel other energy initiatives such as renewable projects. Case study experience from neighbouring countries such as Mexico, Argentina and Columbia will also be considered to aid the development a roadmap for how the oil and gas sector can fund Guyana’s ‘Green State’ Development Strategy.

Schedule:

  • 11:45 María Fernanda Suárez Londoño, Minister of Mines & Energy Colombia
  • 12:05 Case Study
  • 12:25 Lorena Solorzano Salazaranel, COO, Inter Amercia Development Bank
  • 12:45 Q&A
  • 12:55 Lunch & Networking

Sessions Three and Four

Session 3 - Economics & Investment

Guyana’s burgeoning oil and gas industry also holds the potential to redefine the Guyanese economy. This session will consider the economic benefits of developing an oil and gas industry for Guyana. Discussion will include job creation, utilising industry revenue for improving local communities and improving local infrastructure such as hospitals and amenities. Discussion will also consider current investment trends, acquisitions and mergers, private equity investment, and investment drives from both the major players and a policy standpoint.

Schedule:

  • 13:55 Chairs opening address
  • 14:00 Owen Verwey, CEO, Go-Invest Guyana
  • 14:20 Case Study
  • 14:40 Jaime Martínez-Negrete, Head of Investment Banking for Latin America Morgan Stanley
  • 15:00 Case Study
  • 15:20 Q&A
  • 15:30 Coffee & Networking Break

Session 4 - Corporate Social Responsibility

As the number of players operating in Guyana increases, this session will address broader themes of corporate social responsibility. Discussion will incorporate best practice standards, greater accountability, and the social, economic & environmental impact of company activities. Possibilities for the industry to create local jobs both within oil & gas and also propel a wider civil engineering industry, enhance local trade and place a greater emphasis upon using local companies will also be considered.

Schedule:

  • 15:45 Case Study
  • 16:05 Natasha Gaskin- Peters, Deputy Director, Centre for Local Development
  • 16:25 Case Study
  • 16:45 Q&A
  • 16:55 End of conference

Tickets

Early Bird 2 Day Discount Ticket (£700 discount) Expires 15/12

  • Single ticket price: £695.00
  • VAT @ 20%: £139.00
  • Total: £834.00

2 Day Delegate Ticket

  • Single ticket price: £1,395.00
  • VAT @ 20%: £279.00
  • Total: £1,674.00

Speakers

All speakers are invited unless stated confirmed