SlideShare a Scribd company logo
The economy – what next?  An oil & gas industry perspective Leo Koot, managing director, TAQA Bratani
Who is TAQA? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],TAQA Bratani
Global supply & demand picture Oil  demand vs. supply from existing fields 38 mmbbl/d 2010 demand level, 88 mln bpd 47  mmbbl/d Source: Lambert Energy Advisory, November 2011 34 UK North Seas
Oil & Gas delivers 20% of UK’s corporation taxes ,[object Object],[object Object],[object Object],[object Object],[object Object]
UK Government Low Carbon Transition Plan 2020 Targets For Power Generation *Source: The UK Low Carbon Transition Plan, National strategy for climate and energy Around 75% of our electricity is currently generated from gas and coal today; renewables will expand to around 30% of our generation by 2020*
The importance of the energy sector to Aberdeen City & Shire ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The business model for the future?  Operating model Partner of choice Capable operator Access to capital
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Operating model Partner of choice Capable operator Access to capital
An ideal operating model ,[object Object],[object Object],[object Object],[object Object],Operating model Partner of choice Capable operator Access to capital
Building capability Operating model Partner of choice Capable operator Access to capital 25,000 to 43,000 boe/d ,[object Object],[object Object],[object Object],Mature asset strategy ,[object Object],[object Object],[object Object]
Be partner of choice ,[object Object],[object Object],[object Object],Operating model Partner of choice Capable operator Access to capital Third party business is important to maximise reserves
Current and future issues ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Post tax decommissioning security Increasing regulation post Macondo Fiscal stability
 

More Related Content

What's hot

Winning in The Middle East
Winning in The Middle EastWinning in The Middle East
Winning in The Middle East
Loraine Davies
 
Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?
Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?
Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?
WRI Ross Center for Sustainable Cities
 
IEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers SessionIEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers Session
International Energy Agency
 
India's Energy Sector - How to increase Oil Supply
India's Energy Sector - How to increase Oil Supply India's Energy Sector - How to increase Oil Supply
India's Energy Sector - How to increase Oil Supply
Nitesh Luthra
 
SEIG seminar - A Smarter Way to Lower Emissions - Mike Foster
SEIG seminar - A Smarter Way to Lower Emissions - Mike FosterSEIG seminar - A Smarter Way to Lower Emissions - Mike Foster
SEIG seminar - A Smarter Way to Lower Emissions - Mike Foster
STEP_scotland
 
World Energy Outlook 2015: Presentation to Press
World Energy Outlook 2015: Presentation to PressWorld Energy Outlook 2015: Presentation to Press
World Energy Outlook 2015: Presentation to Press
International Energy Agency
 
Global energy markets: today & tomorrow
Global energy markets: today & tomorrowGlobal energy markets: today & tomorrow
Global energy markets: today & tomorrow
International Energy Agency
 
FY 2021 Consolidated results
FY 2021 Consolidated resultsFY 2021 Consolidated results
FY 2021 Consolidated results
Snam
 
Indian Fiscal Budget 2013-14: Analysis on Energy Sector
Indian Fiscal Budget 2013-14: Analysis on Energy SectorIndian Fiscal Budget 2013-14: Analysis on Energy Sector
Indian Fiscal Budget 2013-14: Analysis on Energy Sector
nhareesh2003
 
Global Gas Report 2017 - In depth data analysis
Global Gas Report 2017 - In depth data analysisGlobal Gas Report 2017 - In depth data analysis
Global Gas Report 2017 - In depth data analysis
Snam
 
The LNG opportunity for Europe
The LNG opportunity for EuropeThe LNG opportunity for Europe
The LNG opportunity for Europe
International Energy Agency
 
Ace ppt for asean japan energy efficient conference-final
Ace ppt for asean japan energy efficient conference-finalAce ppt for asean japan energy efficient conference-final
Ace ppt for asean japan energy efficient conference-final
benisuryadi
 
Hydrogen: Accelerating & Expanding Deployment
Hydrogen: Accelerating & Expanding Deployment Hydrogen: Accelerating & Expanding Deployment
Hydrogen: Accelerating & Expanding Deployment
International Energy Agency
 
Southeast Asia Energy Outlook
Southeast Asia Energy OutlookSoutheast Asia Energy Outlook
Southeast Asia Energy Outlook
International Energy Agency
 
World Energy Outlook, 2017
World Energy Outlook, 2017World Energy Outlook, 2017
World Energy Outlook, 2017
International Energy Agency
 
Asia Rising Industrial dynamism barometer - Oil & Gas
Asia Rising Industrial dynamism barometer - Oil & GasAsia Rising Industrial dynamism barometer - Oil & Gas
Asia Rising Industrial dynamism barometer - Oil & Gas
The Economist Media Businesses
 
Energy Technology Perspectives 2014
Energy Technology Perspectives 2014Energy Technology Perspectives 2014
Energy Technology Perspectives 2014
International Energy Agency
 
Brian britton greenexpo
Brian britton greenexpoBrian britton greenexpo
Brian britton greenexpoDamian Connon
 
Energy Efficient Future
Energy Efficient FutureEnergy Efficient Future
Energy Efficient Future
International Energy Agency
 
The role of CCS in mitigation scenarios - Ellina Levina, IEA
The role of CCS in mitigation scenarios - Ellina Levina, IEA The role of CCS in mitigation scenarios - Ellina Levina, IEA
The role of CCS in mitigation scenarios - Ellina Levina, IEA
Global CCS Institute
 

What's hot (20)

Winning in The Middle East
Winning in The Middle EastWinning in The Middle East
Winning in The Middle East
 
Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?
Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?
Transport, Energy and CO2 in Asia: Where are We Going and How do We Change it?
 
IEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers SessionIEA Executive Director Presentation to G20 Energy Ministers Session
IEA Executive Director Presentation to G20 Energy Ministers Session
 
India's Energy Sector - How to increase Oil Supply
India's Energy Sector - How to increase Oil Supply India's Energy Sector - How to increase Oil Supply
India's Energy Sector - How to increase Oil Supply
 
SEIG seminar - A Smarter Way to Lower Emissions - Mike Foster
SEIG seminar - A Smarter Way to Lower Emissions - Mike FosterSEIG seminar - A Smarter Way to Lower Emissions - Mike Foster
SEIG seminar - A Smarter Way to Lower Emissions - Mike Foster
 
World Energy Outlook 2015: Presentation to Press
World Energy Outlook 2015: Presentation to PressWorld Energy Outlook 2015: Presentation to Press
World Energy Outlook 2015: Presentation to Press
 
Global energy markets: today & tomorrow
Global energy markets: today & tomorrowGlobal energy markets: today & tomorrow
Global energy markets: today & tomorrow
 
FY 2021 Consolidated results
FY 2021 Consolidated resultsFY 2021 Consolidated results
FY 2021 Consolidated results
 
Indian Fiscal Budget 2013-14: Analysis on Energy Sector
Indian Fiscal Budget 2013-14: Analysis on Energy SectorIndian Fiscal Budget 2013-14: Analysis on Energy Sector
Indian Fiscal Budget 2013-14: Analysis on Energy Sector
 
Global Gas Report 2017 - In depth data analysis
Global Gas Report 2017 - In depth data analysisGlobal Gas Report 2017 - In depth data analysis
Global Gas Report 2017 - In depth data analysis
 
The LNG opportunity for Europe
The LNG opportunity for EuropeThe LNG opportunity for Europe
The LNG opportunity for Europe
 
Ace ppt for asean japan energy efficient conference-final
Ace ppt for asean japan energy efficient conference-finalAce ppt for asean japan energy efficient conference-final
Ace ppt for asean japan energy efficient conference-final
 
Hydrogen: Accelerating & Expanding Deployment
Hydrogen: Accelerating & Expanding Deployment Hydrogen: Accelerating & Expanding Deployment
Hydrogen: Accelerating & Expanding Deployment
 
Southeast Asia Energy Outlook
Southeast Asia Energy OutlookSoutheast Asia Energy Outlook
Southeast Asia Energy Outlook
 
World Energy Outlook, 2017
World Energy Outlook, 2017World Energy Outlook, 2017
World Energy Outlook, 2017
 
Asia Rising Industrial dynamism barometer - Oil & Gas
Asia Rising Industrial dynamism barometer - Oil & GasAsia Rising Industrial dynamism barometer - Oil & Gas
Asia Rising Industrial dynamism barometer - Oil & Gas
 
Energy Technology Perspectives 2014
Energy Technology Perspectives 2014Energy Technology Perspectives 2014
Energy Technology Perspectives 2014
 
Brian britton greenexpo
Brian britton greenexpoBrian britton greenexpo
Brian britton greenexpo
 
Energy Efficient Future
Energy Efficient FutureEnergy Efficient Future
Energy Efficient Future
 
The role of CCS in mitigation scenarios - Ellina Levina, IEA
The role of CCS in mitigation scenarios - Ellina Levina, IEA The role of CCS in mitigation scenarios - Ellina Levina, IEA
The role of CCS in mitigation scenarios - Ellina Levina, IEA
 

Viewers also liked

Logo Design Winners
Logo Design WinnersLogo Design Winners
Logo Design Winnersccrawley501
 
Custom Imports from Vulcan Information Packaging
Custom Imports from Vulcan Information PackagingCustom Imports from Vulcan Information Packaging
Custom Imports from Vulcan Information Packaging
dzaidan
 
Solde medianoche
Solde medianocheSolde medianoche
Solde medianocheghm549
 
International Women’s Day
International Women’s DayInternational Women’s Day
International Women’s Dayccrawley501
 
Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...
Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...
Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...Moawia Alshiek
 
Brendan and siobhan
Brendan and siobhanBrendan and siobhan
Brendan and siobhanccrawley501
 
Atholl Duncan Presentation
Atholl Duncan PresentationAtholl Duncan Presentation
Atholl Duncan Presentation
AGCCevents
 
The orchestra
The orchestraThe orchestra
The orchestracmcma053
 
Nick Parsons Presentation
Nick Parsons PresentationNick Parsons Presentation
Nick Parsons Presentation
AGCCevents
 
Presentación cursocc.ss.blogger
Presentación cursocc.ss.bloggerPresentación cursocc.ss.blogger
Presentación cursocc.ss.bloggerjmontesvarela
 
Christmas gifts.
Christmas gifts.Christmas gifts.
Christmas gifts.
chalicesnowflower
 
Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...
Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...
Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...Moawia Alshiek
 
Colin Welsh Presentation
Colin Welsh PresentationColin Welsh Presentation
Colin Welsh Presentation
AGCCevents
 
El aluminio
El aluminio El aluminio
Patent for Entrepreneurs
Patent for EntrepreneursPatent for Entrepreneurs
Patent for Entrepreneurs
Hsuanyeh Law Group, PC
 
Summer camp veda mantra classes
Summer camp veda mantra classesSummer camp veda mantra classes
Summer camp veda mantra classesVijay Krishna
 
Massachusetts Rooming House License
Massachusetts Rooming House LicenseMassachusetts Rooming House License
Massachusetts Rooming House License
Hsuanyeh Law Group, PC
 
Advergame oui, un bon jeu surtout
Advergame oui, un bon jeu surtoutAdvergame oui, un bon jeu surtout
Advergame oui, un bon jeu surtout
Stéphane Hanser
 

Viewers also liked (18)

Logo Design Winners
Logo Design WinnersLogo Design Winners
Logo Design Winners
 
Custom Imports from Vulcan Information Packaging
Custom Imports from Vulcan Information PackagingCustom Imports from Vulcan Information Packaging
Custom Imports from Vulcan Information Packaging
 
Solde medianoche
Solde medianocheSolde medianoche
Solde medianoche
 
International Women’s Day
International Women’s DayInternational Women’s Day
International Women’s Day
 
Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...
Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...
Mohieldin et al. - Unknown - The impact of feeding practices on prevalence of...
 
Brendan and siobhan
Brendan and siobhanBrendan and siobhan
Brendan and siobhan
 
Atholl Duncan Presentation
Atholl Duncan PresentationAtholl Duncan Presentation
Atholl Duncan Presentation
 
The orchestra
The orchestraThe orchestra
The orchestra
 
Nick Parsons Presentation
Nick Parsons PresentationNick Parsons Presentation
Nick Parsons Presentation
 
Presentación cursocc.ss.blogger
Presentación cursocc.ss.bloggerPresentación cursocc.ss.blogger
Presentación cursocc.ss.blogger
 
Christmas gifts.
Christmas gifts.Christmas gifts.
Christmas gifts.
 
Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...
Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...
Elfaki et al. - 2014 - Prevalence of Dental Caries among Primary School Atten...
 
Colin Welsh Presentation
Colin Welsh PresentationColin Welsh Presentation
Colin Welsh Presentation
 
El aluminio
El aluminio El aluminio
El aluminio
 
Patent for Entrepreneurs
Patent for EntrepreneursPatent for Entrepreneurs
Patent for Entrepreneurs
 
Summer camp veda mantra classes
Summer camp veda mantra classesSummer camp veda mantra classes
Summer camp veda mantra classes
 
Massachusetts Rooming House License
Massachusetts Rooming House LicenseMassachusetts Rooming House License
Massachusetts Rooming House License
 
Advergame oui, un bon jeu surtout
Advergame oui, un bon jeu surtoutAdvergame oui, un bon jeu surtout
Advergame oui, un bon jeu surtout
 

Similar to Leo Koot Presentation

CBI energy conference: Ed Wilson
CBI energy conference: Ed WilsonCBI energy conference: Ed Wilson
CBI energy conference: Ed Wilson
Confederation of British Industry
 
Biffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentationBiffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentation
jessbiffa
 
Total 2018 Investor Day - Strategy and Outlook
Total 2018 Investor Day - Strategy and Outlook Total 2018 Investor Day - Strategy and Outlook
Total 2018 Investor Day - Strategy and Outlook
Total
 
Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...
Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...
Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...
UK Carbon Capture and Storage Research Centre
 
World Energy Outlook
World Energy OutlookWorld Energy Outlook
World Energy Outlook
Gianluca Calvosa
 
WEO 2008 WEC 19th March ROME
WEO 2008 WEC 19th March ROMEWEO 2008 WEC 19th March ROME
WEO 2008 WEC 19th March ROMEnewcler
 
Company overview
Company overviewCompany overview
Company overview
ERG S.p.A.
 
Centrica plc Strategy Update - 27 February 2013
Centrica plc Strategy Update - 27 February 2013Centrica plc Strategy Update - 27 February 2013
Centrica plc Strategy Update - 27 February 2013
Centrica plc
 
Producer Economies Webinar
Producer Economies WebinarProducer Economies Webinar
Producer Economies Webinar
International Energy Agency
 
Refining albertas energy advantage[1]
Refining albertas energy advantage[1]Refining albertas energy advantage[1]
Refining albertas energy advantage[1]cambridgestrategies
 
UK AD & BIogas 2016: Purple Seminar Room - 7 July
UK AD & BIogas 2016: Purple Seminar Room - 7 July  UK AD & BIogas 2016: Purple Seminar Room - 7 July
UK AD & BIogas 2016: Purple Seminar Room - 7 July
UKADBiogas
 
PwC_Case_Competition_Baker_Hughes_Final_Round
PwC_Case_Competition_Baker_Hughes_Final_RoundPwC_Case_Competition_Baker_Hughes_Final_Round
PwC_Case_Competition_Baker_Hughes_Final_Round
Evan Chen
 
Managing fuel supply & uncertainty in India
Managing fuel supply & uncertainty in IndiaManaging fuel supply & uncertainty in India
Managing fuel supply & uncertainty in India
IPPAI
 
2 co making the business case for ccs
2 co   making the business case for ccs2 co   making the business case for ccs
2 co making the business case for ccsGlobal CCS Institute
 
CEPA - State of the Pipeline Industry
CEPA - State of the Pipeline Industry CEPA - State of the Pipeline Industry
CEPA - State of the Pipeline Industry
Canadian Energy Pipeline Association (CEPA)
 
Brishtish-Petrolium-presentation-bui.pdf
Brishtish-Petrolium-presentation-bui.pdfBrishtish-Petrolium-presentation-bui.pdf
Brishtish-Petrolium-presentation-bui.pdf
NguynSinhHi
 
Webinar: The business case for CCS in the power industry: a case study of the...
Webinar: The business case for CCS in the power industry: a case study of the...Webinar: The business case for CCS in the power industry: a case study of the...
Webinar: The business case for CCS in the power industry: a case study of the...
Global CCS Institute
 
World Energy Outlook - Parliamentary Days 2015
World Energy Outlook - Parliamentary Days 2015World Energy Outlook - Parliamentary Days 2015
World Energy Outlook - Parliamentary Days 2015
OECD - Organisation for Economic Co-operation and Development
 

Similar to Leo Koot Presentation (20)

CBI energy conference: Ed Wilson
CBI energy conference: Ed WilsonCBI energy conference: Ed Wilson
CBI energy conference: Ed Wilson
 
Climate Change Summit - Tom Crotty
Climate Change Summit - Tom CrottyClimate Change Summit - Tom Crotty
Climate Change Summit - Tom Crotty
 
Biffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentationBiffa plc Capital Markets Day Director of Business presentation
Biffa plc Capital Markets Day Director of Business presentation
 
Total 2018 Investor Day - Strategy and Outlook
Total 2018 Investor Day - Strategy and Outlook Total 2018 Investor Day - Strategy and Outlook
Total 2018 Investor Day - Strategy and Outlook
 
Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...
Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...
Overall Network Issues, Tim Dumenil (Pale Blue Dot) - Industry CCS Workshop, ...
 
World Energy Outlook
World Energy OutlookWorld Energy Outlook
World Energy Outlook
 
WEO 2008 WEC 19th March ROME
WEO 2008 WEC 19th March ROMEWEO 2008 WEC 19th March ROME
WEO 2008 WEC 19th March ROME
 
Company overview
Company overviewCompany overview
Company overview
 
Centrica plc Strategy Update - 27 February 2013
Centrica plc Strategy Update - 27 February 2013Centrica plc Strategy Update - 27 February 2013
Centrica plc Strategy Update - 27 February 2013
 
Producer Economies Webinar
Producer Economies WebinarProducer Economies Webinar
Producer Economies Webinar
 
Refining albertas energy advantage[1]
Refining albertas energy advantage[1]Refining albertas energy advantage[1]
Refining albertas energy advantage[1]
 
UK AD & BIogas 2016: Purple Seminar Room - 7 July
UK AD & BIogas 2016: Purple Seminar Room - 7 July  UK AD & BIogas 2016: Purple Seminar Room - 7 July
UK AD & BIogas 2016: Purple Seminar Room - 7 July
 
Idb review
Idb reviewIdb review
Idb review
 
PwC_Case_Competition_Baker_Hughes_Final_Round
PwC_Case_Competition_Baker_Hughes_Final_RoundPwC_Case_Competition_Baker_Hughes_Final_Round
PwC_Case_Competition_Baker_Hughes_Final_Round
 
Managing fuel supply & uncertainty in India
Managing fuel supply & uncertainty in IndiaManaging fuel supply & uncertainty in India
Managing fuel supply & uncertainty in India
 
2 co making the business case for ccs
2 co   making the business case for ccs2 co   making the business case for ccs
2 co making the business case for ccs
 
CEPA - State of the Pipeline Industry
CEPA - State of the Pipeline Industry CEPA - State of the Pipeline Industry
CEPA - State of the Pipeline Industry
 
Brishtish-Petrolium-presentation-bui.pdf
Brishtish-Petrolium-presentation-bui.pdfBrishtish-Petrolium-presentation-bui.pdf
Brishtish-Petrolium-presentation-bui.pdf
 
Webinar: The business case for CCS in the power industry: a case study of the...
Webinar: The business case for CCS in the power industry: a case study of the...Webinar: The business case for CCS in the power industry: a case study of the...
Webinar: The business case for CCS in the power industry: a case study of the...
 
World Energy Outlook - Parliamentary Days 2015
World Energy Outlook - Parliamentary Days 2015World Energy Outlook - Parliamentary Days 2015
World Energy Outlook - Parliamentary Days 2015
 

Leo Koot Presentation

  • 1. The economy – what next? An oil & gas industry perspective Leo Koot, managing director, TAQA Bratani
  • 2.
  • 3.
  • 4. Global supply & demand picture Oil demand vs. supply from existing fields 38 mmbbl/d 2010 demand level, 88 mln bpd 47 mmbbl/d Source: Lambert Energy Advisory, November 2011 34 UK North Seas
  • 5.
  • 6. UK Government Low Carbon Transition Plan 2020 Targets For Power Generation *Source: The UK Low Carbon Transition Plan, National strategy for climate and energy Around 75% of our electricity is currently generated from gas and coal today; renewables will expand to around 30% of our generation by 2020*
  • 7.
  • 8. The business model for the future? Operating model Partner of choice Capable operator Access to capital
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. Post tax decommissioning security Increasing regulation post Macondo Fiscal stability
  • 15.