Stakeholders to examine marginal fields’ development

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    Energy & Corporate Africa has said it would bring together key stakeholders to discus cost reduction strategies for the development of marginal fields and how companies can access capital.

    The organisers of the Africa Small and Marginal Oil Fields Conference, scheduled for August 17 -18, 2016 in London, said discussions would focus on reforms in the oil industry and involvement of indigenous companies towards ensuring sustainability and increasing production.

    The ECA said building synergy and collaboration among indigenous companies for cost reduction and ensuring competitiveness and challenges and opportunities in gas-to-power projects in host communities would also be part of the agenda for the conference.

    According to a statement from Energy & Corporate Africa, industry experts and top players including the Deputy Director/Head, Upstream, Department of Petroleum Resources, Emmanuel Bekee; the E & P Director Petrosen, Senegal, Joseph Medou, the Managing Director, LADOL, Dr. Amy Jadesimi and the Chairman, Platform Petroleum Limited, Chief Dumo Lulu-Briggs.

    Others are the Managing Director, Platform Petroleum Limited, Osariemen Owodiealor; the Managing Director/CEO, Energia Limited, Felix Amieye-Ofori, the Chief Technical Officer, LEKOIL, – Sam Olotu; the Managing Director/Head, Oil and Gas Origination, Standard Bank London, Damien Mauvais and the Chairman, All Grace Energy, Prof. Anthony Adegbulugbe, among others.

    The statement said the conference would continue to provide first-hand information on the available small/marginal fields and opportunities in Africa.

    Energy & Corporate Africa said, “The conference will also provide participants insight into why billions of barrels of marginal oil and gas fields, already discovered, will not be developed in the foreseeable future.

    “It will address solutions on how these fields could be developed beyond the conventional method and also using unconventional technologies. It will touch on issues why companies will not pursue a great many hot prospects for exploration in onshore and deep water when the prospects look too small.”

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