ICC, Abuja 18-21 February 2013 Nigeria Oil & Gas 2013 Entering a New Dawn for Nigera s Oil & Gas Industry 1
Nigeria Energy Finance Seminar Endorsed by the Federal Ministry of Finance Transcorp Hilton Hotel Monday 18 February 2013 08.00 Welcome coffee 09.00 Session 1: Domestic and International Funding for Energy Projects in Nigeria How Much is Available and How Can it be Accessed? What impact is the current economic situations in Europe and other regional economic hubs having on access to funding for energy projects in Nigeria? To what extent do downward trends in global oil prices affect financing decisions in the Nigerian energy market? The surge in oil asset divestments and foreign-indigenous partnerships in Nigeria s oil and gas industry how are indigenous and foreign companies funding these interests? What progress has been made in assessing the impact of implementation of the Nigerian Content regulations on financing energy projects? Keynote Address: Dr Bright Okogu, Director General, Budget Office of the Federation Dozie Okpalaobieri, Ministry of Finance * subject to confirmation Uzoma Dozie, Executive Director, Diamond Bank 10.15 Coffee Break 10.45 Session 2: Financing for Energy Projects Along the Value Chain What are the Structures in Place? What domestic and international markets are readily available for financial institutions in Nigeria to fund oil and gas projects? What risks do bankers face in funding E&P projects and what kind of structures are used? Case Study: Reserve base lending What is the appropriate framework for financing gas to power projects? What is the most effective way for indigenous oil service companies to access funding in a typical Nigerian financial market? Case study: the Shell kobo fund How can the downstream sector in Nigeria be financed sustainably? Aigboje Aig-Imoukhuede, Managing Director/CEO, Access Bank (tbc) Dele Kuti, Head, Oil & Gas, Renewables, Stanbic Bank Osam Iyahen, Senior Vice Persident natural Resources, Africa Finance Corporation 2
11.45 Session 3: Interactive Roundtable Discussions What does the Future Hold for Financing Energy Projects in Nigeria? Continue the debate with your peers from all sectors of the value chain the perfect opportunity to share ideas and network ahead of the Conference. Bring plenty of business cards! Topics include: What are the challenges and opportunities of Nigerian Content regulations to financing energy projects in Nigeria? How is M&A activity financed in Nigeria? How do uncertain oil prices affect financing of Nigerian energy projects? Moderators: Danladi I. Kifasi, Permanent Secretary, Federal Ministry of Finance 13.00 Networking Lunch 14.00 Official Conference Registration Location: ICC Exhibition Hall Foyer 17.00 Opening Ceremony and Cultural Evening Location: ICC Exhibition Hall Foyer 20.00 Opening Dinner Location: Transcorp Hilton Hotel 3
Conference Day One: Tuesday, 19 February 2013 08.00 Networking Breakfast & Registration 08.45 NOG13 Master Of Ceremonies: Richmond Osuji, President, Lip Service Ventures Conference Chair: Alirio Parra, Board Member, CWC Group Limited 09.00 Session 1: Nigeria s Oil & Gas Strategy in the Next Five Years - A New Dawn to Boost Investment and Production? What are the next steps to Nigeria s oil and gas production? How are the global economic crisis and uncertain oil prices impacting Nigeria? How can Nigeria continue to attract investment amidst competition from other Sub-Saharan African countries? Ministerial Address: H. E. Diezani Alison-Madueke, Honourable Minister of Petroleum Resources - Federal Republic of Nigeria (INVITED) Ian Craig, Regional Executive Vice President, Sub Sahara Africa, Shell Upstream International Wale Tinubu, Group Chief Executive, Oando Plc 10.30 Networking Coffee Break hosted by 11.00 Session 2: LEADING LIGHTS SESSION hosted by Special Guest Speaker to be Announced Shortly! 11.45 Session 3: Setting Nigeria s Oil & Gas Industry in a Domestic & Global Context What are the Challenges & Opportunities Ahead? How are the global economic crisis and uncertain oil prices impacting Nigeria? How can Nigeria continue to attract investment amidst competition from other Sub-Saharan African countries? Creating an enabling environment for investment to boost oil and gas production What are the challenges to financing upstream oil and gas projects? Ministerial Address: H. E. Ngozi Okonjo-Iweala, Honourable Minister of Finance - Federal Republic of Nigeria (INVITED) Andrew Yakubu, Group Managing Director, NNPC 4
12.45 Networking Lunch hosted by 14.15 Session 4: Revamping Nigeria s Oil & Gas Industry through Increased Investment from Upstream to Downstream Boosting deepwater production what is needed to enhance investment in the sector? How can more players enter into deepwater operations? What is the best business model for the refining sector and how can private equity be obtained? What would attract experienced refiners to buy equity in Nigerian refineries? Focus on policy and pricing How can Nigeria s refineries be best positioned for profitability? Focus on fiscal environment Ministerial Address: H.E. Olusegun Aganga, Honorable Minister of Trade & Investment - Federal Republic of Nigeria Tony Ogbuigwe, Group Executive Director Refining & Petrochemicals, NNPC Vito Testaguzza, Managing Director, Saipem Marco Caccavale, Sub-Saharan Africa Regional Leader, GE Oil & Gas Aigboje Aig-Imoukhuede, Managing Director/CEO, Access Bank (tbc) 15.15 Networking Coffee Break hosted by 15.45 Session 5: PANEL DISCUSSION: Gas, Power & Renewables What has Been Achieved and Where are we Heading? What has been achieved so far in terms of investment in the gas and power industries? What is the financing strategy for domestic gas infrastructure? Getting gas to the power plants what needs to be done? What progress has been made in electricity sector reform? LPG as an alternative to kerosene will there be a growth in demand? Dr David Ige, Group Executive Director Gas & Power, NNPC Babs Omotowa, Managing Director, Nigeria LNG Bunmi Obembe, Executive Director - Gas Business & Commercial, Total E&P Nigeria Limited Austin Avuru, Managing Director/CEO, Seplat Petroleum Development Company Limited Kunle Allen, MD/CEO, Gas Aggregation Company Nigeria Limited 17.00 End of Conference Day One 5
18.30 Evening Forum Drinks Location: Nicon Luxury Hotel Ballroom 19.30 Gala Dinner Location: Nicon Luxury, Poolside 08.00 Conference Day Two: Wednesday, 20 February 2013 Oil Leaders & VIP Breakfast (by Invitation only) hosted by Location: ICC (Old Wing) 09.30 Session 6: Leaders Panel: The Nigeria Oil & Gas Industry Moving Forward What are the Next Steps? Special Address: Andrew Yakubu, Group Managing Director, NNPC Working in collaboration as an industry to secure Nigeria s reserves How will joint ventures evolve in Nigeria going forward? Where will the drive for new exploration projects be? Development plans in deepwater projects How will the PIB impact future E&P activities in Nigeria? Chair: Alirio Parra, Board Member, CWC Group Ltd. Abiye Membere, GED Exploration & Production, NNPC Mutiu Sunmonu, Country Chair, Shell Companies in Nigeria & Managing Director, SPDC Mark Ward, Chairman/Managing Director, ExxonMobil Companies Nigeria Guy Maurice, Managing Director, Total E&P Nigeria Ltd Andrew Fawthrop, Chairman/Managing Director, Chevron Nigeria Ltd 11.00 Networking Coffee Break hosted by 11.30 Session 7: Focus on Independents: How are Indigenous Companies Transforming the Nigerian Oil & Gas Industry? Creating an enabling environment to encourage Nigerian companies to enter and expand operations What are the regulatory constraints experienced by indigenous companies? What are the fiscal incentives that the indigenous companies require from a tax and royalty point of view? How can indigenous companies access the technical know-how and financing to further their operations? 6
The divestment process from IOCs to indigenous companies: what are the successes and pitfalls and what should the future hold? What is the next step for marginal fields? What is being done to build local capacity? Keynote Address & Chair: Scott Aitken, Co-CEO, Atlantic Energy Victor Briggs, Managing Director, NPDC - INVITED Egbert Imomah, Chairman, Afren Dr Layi Fatona, Managing Director, Niger Delta Exploration & Production Plc Uzoma Dozie, Executive Director, Diamond Bank Wade G. Cherwayko, Chairman/CEO, Mart Resources, Inc. 12.30 Networking Lunch hosted by 14.00 Session 8: Oil & Gas Stakeholders Forum: Community Participation What has Been Achieved in Creating Win-Win Solutions for all Stakeholders in the Niger Delta Region? What progress has been made in increasing community participation in the oil and gas producing communities? How can illegal bunkering and pipeline vandalism be minimised? What are the roles of the different stakeholders to create long-lasting relationships? How are companies engaging local communities effectively through initiatives and employment opportunities? How are HSE initiatives impacting security in the Niger Delta region? H.E. Chief (Dr.) Godswill Akpabio, CON, Executive Governor, Akwa Ibom State Permanent Secretary, Ministry of Petroleum Resources - INVITED Tony Attah, Vice President HSE & Corporate Affairs, Shell Fidel I Pepple, General Manager Community Relations Group Public Affairs Division, NNPC Executive Secretary, PTDF 15.00 Networking Coffee Break hosted by 15:30 Session 9: FOCUS ON NOCs The Evolving Role of NOCs in Key Producing Areas Success Stories from Around the Globe Evaluating NOCs on a global level what has been the recent path of development? Where are NOCs on commercial freedom and technology? Pinpointing the success stories and what lessons can be learned Willy Olsen, Former Special Adviser to the President & CEO of Statoil Ariwoola Ogbemi, Country Manager, Statoil Nigeria Ltd 7
16:00 Session 10: Focus on the Petroleum Industry Bill Is this a New Dawn for Nigeria? How will the PIB be implemented? Making the act tenable to help Nigeria s oil and gas economy To what extent will the new fiscal terms encourage investment in deepwater operations and increase production? What are the implications of the PIB for NNPC? Augustine Olorunsola, Director, Department of Petroleum Resources Honourable Muraina Ajibola, Chairman, Petroleum Upstream Committee of the House of Representatives Senator Emmanuel Paulker, Chairman of the Senate Committee on Upstream Petroleum Tim Okon, Group Coordinator, Corporate Planning & Strategy, NNPC Abiye Membere, GED E&P, NNPC 17.30 Close of Conference 18.00 Drinks Reception hosted by Location: Sheraton Hotel 19.30 Gala Dinner & 13 th Annual NOG Awards Ceremony hosted by Location: Sheraton Hotel, Poolside 8
Nigerian Content Seminar Thursday 21 February 2013, Nicon Luxury 08.30 Welcome Coffee Break 09.30 Opening Keynote Address: Engr Ernest C Nwapa, CEO & Executive Secretary, Nigerian Content Development & Monitoring Board 09.45 Session 1: PANEL SESSION: Nigerian Content Implementation So Far: How do the Different Stakeholders Interpret the Nigerian Content Act? What has been achieved in Nigerian Content implementation so far and what else needs to be done? How have oil and gas divestments of assets boosted Nigerian Content? Lessons learned from around the globe how can Nigeria continue to succeed in Nigerian Content implementation? Chair: Dr Kingsley Ojoh, Executive Director, Total E&P Nigeria Ltd Igo Weli, General Manager, Nigerian Content Development, Shell Companies in Nigeria Dayo Okusami, Group General Counsel & Company Secretary, Atlantic Energy Eyitemi Halima Sule, Local Content Manager, Saipem Contracting Nigeria Limited Chijoke Igwe, Vice Chairman, Aveon Offshore Ltd. Dr Amy Jadesimi, Managing Director, LADOL Integrated Logistics FZE 11.00 Networking Coffee Break 11.30 Session 2: What are the Legal & Operational Challenges & Opportunities of Nigerian Content? Understanding the legal standpoint of the Nigerian Content regulations How can indigenous companies access adequate financing? Implementing training to fill the skills gap What support do suppliers need to meet operational requirements? Improving the effectiveness of local contractors through technology transfer Lowering costs through procurement and contracting strategies Raymond Wilcox, General Manager Nigerian Content Development, Chevron Nigeria Limited Sunny Nwankwo, Director of Nigerian Content, Cameron Anthony Okolo, Sales & Marketing Manager, Aker Solutions Akin Odumakinde, Managing Director, DeltaAfrik Engineering Limited 9
Taofik O. Adegbite, Chief Executive Officer, Marine Platforms Limited 12.45 Networking Lunch 13.45 ROUNDTABLE DISCUSSION GROUPS Session 3: NIGERIAN CONTENT SHOWCASE Hear the Success Stories & See Nigerian Content in Action How have indigenous companies established themselves successfully in Nigeria? How do companies view the Nigerian Content regulations? What financing structures are available to indigenous companies? How do indigenous companies successfully obtain contracts from international companies? Moderators: tbc 15.30 Networking Coffee Break & End of Seminar 10