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Bright spots
May 2008
 

Welcome to our May edition of Bright spots. This edition includes:

Topical

Technical

- Topical -

Doing business in Libya

Date: Thursday, June 26th, 2008
Venue: The Deloitte Academy, 1 Stonecutter Street, London EC4A 4TR

Since the lifting of sanctions, interest in Libya’s upstream oil and gas sector has increased significantly.  The country has attracted an array of international oil companies; both arriving for the first time and returning to pre-sanction concessions. Libya’s petroleum reserves are among the largest in Africa with substantial potential.  As the sanctions restricted the world’s largest oil companies and contractors from entering the country, the region is relatively under explored.  The Libyan government is now encouraging international investment, however, operations are not without their challenges.

With this in mind, we invite you to attend our seminar during which we will discuss key issues relating to participating in this oil and gas sector.

Seminar agenda

16:00 Registration and refreshments
16:30 Welcome
16:40 Libya in context - Anna Andersen, Deloitte, London
17:00 Petroleum law and tax perspective – Faik F. Krekchi, Kashadah & Co., Deloitte, Tripoli
17:20 A sub-surface perspective – Ramin Lakani, Gaffney Cline & Associates, Bentley
17:40 An operator’s perspective – Speaker TBC
18:00 Case study - Caron Howard and Rupal Doshi, Deloitte, London
18:20 Drinks and canapés

RSVP

To confirm your attendance at the seminar, please contact Carly Beaver at cabeaver@deloitte.co.uk.

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Awards in predefined areas 2008

On May 9th, 2008 the Norwegian Ministry of Petroleum and Energy announced the blocks being made available for application under the Awards in Predefined Areas (APA) 2008.  In APA 2008 the predefined area has been extended with four additional blocks in the Barents Sea, three blocks in the Norwegian Sea and 11 blocks in the North Sea.  A layer (called NO_OFS_APA08_ANN) showing the available blocks can be viewed in PetroView via the catalogue menu.

For more information, please visit the Norwegian Ministry of Petroleum and Energy's website.

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Power Play: Vying for the worlds energy resources

A new white paper by Dr. Joseph A. Stanislaw, independent advisor to Deloitte's Energy and Resources group, entitled "Power Play: Resource Nationalism, the Global Scramble for Energy and the Need for Mutual Interdependence" was released at the 2008 Deloitte Energy Conference.  The paper explores the forces shaping relations among and between countries, and the private sector, as they vie for the world's energy resources.

To read the full white paper, please visit our website.

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Alternative energy

Understanding the trends and challenges of the industry
 The Energy and Resources industry group of Deloitte LLP in the United States regularly publishes research and analysis that help clients understand the ever-changing energy industry. Our insightful materials provide a framework for both practical and visionary solutions.

A sampling of trends and challenges affecting U.S. alternative energy companies includes:

  • Growing interest in alternative energy
  • Need for investments in affordable technology
  • Competing technologies
  • Not in my back yard" syndrome
  • Regulatory uncertainty
  • Emissions allowances, renewable energy credits and trading

To access our publications and find out about upcoming events, please visit the our website.

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New office in Sydney

We are pleased to announce that we have established a full-time office for Petroleum Services in Sydney, Australia.  Working closely with Simon Crellin in our Singapore office, Chris Collacott, will help meet the needs of our important client base in the Asia Pacific region.  

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- Technical -

 Updated wall maps

We are pleased to present our latest North Africa and South America wall maps, which were updated this month with data from PetroView.


(Screenshot of North Africa wall map)

These maps form part of our popular series of maps, which are available for you to download and print at no cost.

Alternatively, to request a printed copy, please fill in our contact us form stating clearly which maps you require.

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