Nimi Godfrey Erekosima gave a speech on local content strategy for implementing construction plans in Nigeria's offshore oil and gas industry. He discussed Nigeria's local content policy and the need to fully accept local contractors to boost their success. He outlined strategies to increase Nigerian employment, ownership of marine assets, and establishment of key facilities. While local content has increased Nigerian employment and investment retention, it has also initially increased construction costs and reduced Nigeria's GDP. Overall, local content must be implemented in a timely, effective, strategic, and transparent manner to benefit all stakeholders in the long run.
The document summarizes the key achievements and activities of the Federal Ministry of Defence of Nigeria under Minister Alh. Aliyu Gusau. It discusses operations conducted by the Nigerian military to address security issues, new equipment acquired for the army, navy, and airforce, and infrastructure projects completed. It highlights the declaration of a state of emergency in northeastern states, enhanced regional cooperation against Boko Haram, and mass recruitment to bolster security agencies.
New base 1024 special 01 may 2017 energy newsKhaled Al Awadi
The document discusses several energy-related topics:
1) Fuel prices in the UAE are set to rise in May, with petrol prices increasing 3.2% and diesel prices increasing 1%.
2) National Drilling Company of Abu Dhabi celebrates the completion of acquiring 9 new offshore rigs built in the UAE at a cost of AED6 billion as part of an effort to upgrade drilling capabilities.
3) SNC-Lavalin is awarded a contract by Saudi Aramco for engineering and project management services related to increasing oil production from the Berri oil field.
ADIPEC 2015 Offshore and Marine Conference Brochure 13 September 2015Sandra Jeque
This document provides information about the Offshore & Marine Conference taking place from November 9-12, 2015 in Abu Dhabi, United Arab Emirates. The conference will focus on innovation and sustainability in offshore oil and gas projects. It will include keynote speeches, panel discussions, and sessions on topics such as economic analysis of offshore projects, case studies of offshore field developments, shipping and transportation of oil and gas, maritime security and safety, and health and environmental measures. The conference is supported by the Abu Dhabi International Petroleum Exhibition and Conference and aims to enable knowledge sharing around offshore oil and gas projects globally and in the Middle East region.
This document provides information about the 2nd Offshore Security Summit in Oil & Gas taking place in Luanda, Angola on December 4-5, 2014. The summit aims to address growing security issues plaguing the oil and gas industries in Africa, such as oil theft, piracy, and vessel hijackings. It will bring together security experts, government officials, and industry leaders from Africa to discuss solutions to these problems, including strengthening maritime security operations and compliance with international standards. The agenda indicates presentations and panel discussions will focus on offshore asset protection, combating underwater sabotage, and vessel security measures to counter threats like piracy attacks.
The document summarizes an upcoming conference on protecting oil and gas infrastructure in Africa. The Critical Infrastructure Protection in Oil and Gas Africa 2014 conference will be held December 2-4, 2014 in Accra, Ghana and is supported by Ghana Gas. The conference will focus on strategies to secure offshore and onshore oil and gas facilities through bilateral cooperation and introducing state-of-the-art security systems. It will also highlight case studies and panels on threats like attacks, sabotage, theft, terrorism and accidents facing infrastructure in Africa. Attendees will include industry leaders, security experts, and military officials looking to share expertise on protecting assets in the region.
Yanbu Aramco Sinopec Refining Co (Yasref) has started trial runs at its new 400,000-barrel-per-day refinery in Yanbu, Saudi Arabia, a joint venture between Saudi Aramco and Sinopec. The refinery will process Arab Heavy crude and produce gasoline, diesel, and other products. Initial exports of some products like naphtha are expected in late October as operations are stabilized. The startup of this large new refinery could exacerbate the current global oil supply glut and further decrease margins for European and Asian refiners. DNO, an oil and gas operator, has received a two-year extension for its production sharing agreement for the frontier exploration
The document summarizes the key achievements and activities of the Federal Ministry of Defence of Nigeria under Minister Alh. Aliyu Gusau. It discusses operations conducted by the Nigerian military to address security issues, new equipment acquired for the army, navy, and airforce, and infrastructure projects completed. It highlights the declaration of a state of emergency in northeastern states, enhanced regional cooperation against Boko Haram, and mass recruitment to bolster security agencies.
New base 1024 special 01 may 2017 energy newsKhaled Al Awadi
The document discusses several energy-related topics:
1) Fuel prices in the UAE are set to rise in May, with petrol prices increasing 3.2% and diesel prices increasing 1%.
2) National Drilling Company of Abu Dhabi celebrates the completion of acquiring 9 new offshore rigs built in the UAE at a cost of AED6 billion as part of an effort to upgrade drilling capabilities.
3) SNC-Lavalin is awarded a contract by Saudi Aramco for engineering and project management services related to increasing oil production from the Berri oil field.
ADIPEC 2015 Offshore and Marine Conference Brochure 13 September 2015Sandra Jeque
This document provides information about the Offshore & Marine Conference taking place from November 9-12, 2015 in Abu Dhabi, United Arab Emirates. The conference will focus on innovation and sustainability in offshore oil and gas projects. It will include keynote speeches, panel discussions, and sessions on topics such as economic analysis of offshore projects, case studies of offshore field developments, shipping and transportation of oil and gas, maritime security and safety, and health and environmental measures. The conference is supported by the Abu Dhabi International Petroleum Exhibition and Conference and aims to enable knowledge sharing around offshore oil and gas projects globally and in the Middle East region.
This document provides information about the 2nd Offshore Security Summit in Oil & Gas taking place in Luanda, Angola on December 4-5, 2014. The summit aims to address growing security issues plaguing the oil and gas industries in Africa, such as oil theft, piracy, and vessel hijackings. It will bring together security experts, government officials, and industry leaders from Africa to discuss solutions to these problems, including strengthening maritime security operations and compliance with international standards. The agenda indicates presentations and panel discussions will focus on offshore asset protection, combating underwater sabotage, and vessel security measures to counter threats like piracy attacks.
The document summarizes an upcoming conference on protecting oil and gas infrastructure in Africa. The Critical Infrastructure Protection in Oil and Gas Africa 2014 conference will be held December 2-4, 2014 in Accra, Ghana and is supported by Ghana Gas. The conference will focus on strategies to secure offshore and onshore oil and gas facilities through bilateral cooperation and introducing state-of-the-art security systems. It will also highlight case studies and panels on threats like attacks, sabotage, theft, terrorism and accidents facing infrastructure in Africa. Attendees will include industry leaders, security experts, and military officials looking to share expertise on protecting assets in the region.
Yanbu Aramco Sinopec Refining Co (Yasref) has started trial runs at its new 400,000-barrel-per-day refinery in Yanbu, Saudi Arabia, a joint venture between Saudi Aramco and Sinopec. The refinery will process Arab Heavy crude and produce gasoline, diesel, and other products. Initial exports of some products like naphtha are expected in late October as operations are stabilized. The startup of this large new refinery could exacerbate the current global oil supply glut and further decrease margins for European and Asian refiners. DNO, an oil and gas operator, has received a two-year extension for its production sharing agreement for the frontier exploration
New base energy news issue 912 dated 22 august 2016Khaled Al Awadi
The UAE's Federal Authority for Nuclear Regulation (FANR) hosted a three-day workshop on nuclear non-proliferation with US nuclear experts providing training on export controls. The workshop aimed to strengthen efforts to prevent unlicensed transfers of materials related to weapons of mass destruction. FANR is responsible for ensuring the UAE's compliance with nuclear agreements and implements import/export rules for nuclear equipment and technology according to international guidelines. Seven firms submitted final offers for Phase 1 of developing a bulk liquid terminal at Duqm port in Oman. Valeura Energy executed agreements with Statoil for Statoil to earn a 50% interest in deeper formations on Valeura's licenses in Turkey by investing over $36
Subsea Vessels Africa P51437 Slide ShareRuoh Yi Tham
Subsea Vessels Africa, going deeper into West Africa's Subsea Sector, will be held at Labadi Beach Hotel, Accra Ghana from 9-11 June 2014. The conference is also supported by Nigerian Chamber of Shipping. More details at www.subseavesselsconference.com
The DMCA approves Monjasa as the official offshore oil spill responder for Dubai. Monjasa will keep a vessel on standby 24/7 for oil spill response. The OSR ship has a storage capacity of 3,000 tons and equipment for oil collection and containment. This public-private partnership supports Dubai's efforts for high maritime safety standards.
Sonatrach and Gazprom discover new oil and gas reserves in Algeria's Berkin Basin, bringing their total discoveries there to three.
Iona Energy provides updates on the Orlando oil field development in the UK North Sea, including signing agreements for production and securing necessary financing, with first oil expected by end of 2016.
Taipan
Mike Bue, a qualified person under NI43-101, approved the scientific and technical information in the presentation. The presentation contains forward-looking statements which are based on certain assumptions and subject to risks. TVI is a Canadian resource company focused on production, development and exploration in Asia Pacific. It holds a 30.66% interest in TVIRD, a Philippine company seeking to list its shares, and is evaluating projects like the Cirianiu Gold Project in Fiji.
Total and Qatar Petroleum are studying the redevelopment of the offshore Al Khaleej oil field in Qatar over the next decades to optimize exploration and production. Total discovered the field in 1991 and started production in 1997, but production has declined to around 25,000 barrels per day currently. To maintain production levels over the next 25 years, Total and QP plan to add more production wells and platforms through 2039.
Greetings,
Attached FYI ( NewBase Special 24 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Senegal: FAR secures option on Djiffere block offshore Senegal
• Liberia: ExxonMobil planning to drill Mesurado-1 wildcat
• UK: Salt caverns to prevent oil storage shortage: VTTI
• China: Is Sitting on an Ocean of Diesel Fuel
• Oil bounces to $48 on bargain-hunting after sharp fall
• Why Shippers Are Turning to LNG-Powered Vessels
• Total plans deeper cuts in global project spending
• Iraqi Kurds dealt setback by US court ruling on oil sale
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.comor khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Tvi agm presentation june 10 2015 updatedTVI_Pacific
Mike Bue is the qualified person under NI43-101 who approved the scientific and technical information in the presentation. The presentation contains forward-looking statements that are based on management's expectations but actual outcomes could differ due to various risks and uncertainties. TVIRD is in the process of listing on the Philippine Stock Exchange which would provide a valuation of TVI's 30.66% stake in TVIRD and liquidity for TVI to raise funds. Key drivers of TVIRD's valuation include operations and resources at the Agata nickel projects and progress at the Balabag gold-silver project.
Tvi corporate presentation november 2015TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and subject to risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of pursuing low capex deposits that can be rapidly developed and put into production to generate cash flow. One project under review is the Cirianiu Gold Project in Fiji, which TVI may joint venture on to earn up to a 70% interest by advancing it to development.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially from expectations.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia-Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
Tvi corporate presentation january 2016TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of starting operations quickly to generate cash flow and using that to further explore and expand projects. TVI holds a 30.66% interest in TVIRD, a Philippine company pursuing a stock exchange listing, which would allow TVI to monetize some of its holdings.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
This document is Oceanteam's Q4 2016 interim report. It discusses the company's financial highlights for Q4 2016, including $11.2 million in revenue and $2.8 million in EBITDA. It also summarizes key operational highlights, such as new contracts awarded, charter agreements, and expansion into new markets. Finally, it provides an overview of Oceanteam's business areas, focusing on its shipping, offshore substations, and engineering solutions divisions. The CEO message emphasizes the company's agreement with bondholders to secure new financing and its focus on offshore renewables, engineering, and new revenue streams going forward.
#MP2013 Presentation of the Minister of State for DefenceFMINigeria
The document outlines the achievements of the Ministry of Defence and Nigerian armed forces from June 2012 to present. Key achievements include establishing joint task forces that reduced violence, acquiring new equipment for the military, strengthening international peacekeeping missions, refurbishing military infrastructure, and increasing maritime security capabilities. The Ministry of Defence and armed forces have been working to improve security, support counterterrorism operations, and modernize the military through new acquisitions and training programs.
The document summarizes recent developments in Libya's oil industry and Qatar's efforts to develop national talent. Specifically:
1) Libya's eastern Hariga oil port has reopened after protesters received delayed salaries, allowing two tankers to load oil, though talks continue as the May salaries were also delayed. Other fields like El Feel and El Sharara remain closed due to protests.
2) Maersk Oil in Qatar has begun a leadership program for 44 Qatari employees to develop career plans and advance national talent, aiming to quadruple Qataris in leadership roles by 2017.
3) Oman's Orpic has launched a prequalification process for contractors for the $3.6 billion EPC package of its
Libya has significant oil and natural gas reserves. Its proven oil reserves are 39 billion barrels and natural gas reserves are 52 trillion cubic feet. Oil production is around 1.6 million barrels per day, with over 90% exported to European countries like Italy. Libya depends on foreign investment and expertise to develop its oil and gas resources. It has recently begun allowing more foreign companies like Occidental Petroleum and ChevronTexaco to operate in Libya and boost production. Libya also aims to increase its domestic refining capacity and natural gas exports to Europe.
Cabo Drilling Corp. is an international mineral drilling services provider with operations in North and Central America and Europe. It offers a variety of drilling services to mining companies, including surface, underground, coring, reverse circulation, and geotechnical drilling. In the past fiscal year, Cabo increased its revenue by 50% and international revenue by 65%, with 59% of its drills working on gold projects. It aims to reduce debt, expand drill capacity, increase profit margins, and focus on safety. As drilling services are required throughout the mining lifecycle, investing in Cabo provides exposure to upside in multiple metals markets without exploration project risk.
Pareto securities corporate bond conference 23 January 2014PA Resources AB
PA Resources has made significant progress in 2013 by strengthening its management team, farming out assets to reduce leverage, and raising equity. Key accomplishments include farm-outs in Tunisia, Congo, and Denmark that shaped the portfolio for development. Drilling success in Equatorial Guinea also occurred. In 2014, PA Resources aims to continue progress by approving development plans for fields like Zarat and Diega, advancing development concepts for fields such as Broder Tuck, and drilling appraisal/exploration wells in fields like Lille John, Elyssa, and MPS.
Mubadala Petroleum installed the topsides platform at the Manora oil development in Thailand. The platform topsides were loaded out on July 2nd and installed on July 7th. Final hookups and commissioning will be completed before drilling of production and injection wells begins in mid-August. First oil is expected in late September.
Oryx Petroleum announced production and drilling updates for the Demir Dagh field in the Kurdistan Region of Iraq. Current gross production is around 4,000 bbl/day. The DD-6 appraisal well flowed oil at up to 700 bbl/day. DD-7 is planned to spud in coming weeks. Three additional development wells will be dr
A Gestão do Ciclo de Vida é:
- A aplicação do pensamento do ciclo de vida em práticas empresariais para gerenciar sistematicamente o ciclo de vida de produtos e serviços.
- A gestão sistemática dos ciclos de vida de produtos e materiais para promover padrões de produção e consumo mais sustentáveis.
- Uma estrutura de gestão flexível e integrada para abordar aspectos ambientais, econômicos e sociais de produtos, processos e organizações.
New base energy news issue 912 dated 22 august 2016Khaled Al Awadi
The UAE's Federal Authority for Nuclear Regulation (FANR) hosted a three-day workshop on nuclear non-proliferation with US nuclear experts providing training on export controls. The workshop aimed to strengthen efforts to prevent unlicensed transfers of materials related to weapons of mass destruction. FANR is responsible for ensuring the UAE's compliance with nuclear agreements and implements import/export rules for nuclear equipment and technology according to international guidelines. Seven firms submitted final offers for Phase 1 of developing a bulk liquid terminal at Duqm port in Oman. Valeura Energy executed agreements with Statoil for Statoil to earn a 50% interest in deeper formations on Valeura's licenses in Turkey by investing over $36
Subsea Vessels Africa P51437 Slide ShareRuoh Yi Tham
Subsea Vessels Africa, going deeper into West Africa's Subsea Sector, will be held at Labadi Beach Hotel, Accra Ghana from 9-11 June 2014. The conference is also supported by Nigerian Chamber of Shipping. More details at www.subseavesselsconference.com
The DMCA approves Monjasa as the official offshore oil spill responder for Dubai. Monjasa will keep a vessel on standby 24/7 for oil spill response. The OSR ship has a storage capacity of 3,000 tons and equipment for oil collection and containment. This public-private partnership supports Dubai's efforts for high maritime safety standards.
Sonatrach and Gazprom discover new oil and gas reserves in Algeria's Berkin Basin, bringing their total discoveries there to three.
Iona Energy provides updates on the Orlando oil field development in the UK North Sea, including signing agreements for production and securing necessary financing, with first oil expected by end of 2016.
Taipan
Mike Bue, a qualified person under NI43-101, approved the scientific and technical information in the presentation. The presentation contains forward-looking statements which are based on certain assumptions and subject to risks. TVI is a Canadian resource company focused on production, development and exploration in Asia Pacific. It holds a 30.66% interest in TVIRD, a Philippine company seeking to list its shares, and is evaluating projects like the Cirianiu Gold Project in Fiji.
Total and Qatar Petroleum are studying the redevelopment of the offshore Al Khaleej oil field in Qatar over the next decades to optimize exploration and production. Total discovered the field in 1991 and started production in 1997, but production has declined to around 25,000 barrels per day currently. To maintain production levels over the next 25 years, Total and QP plan to add more production wells and platforms through 2039.
Greetings,
Attached FYI ( NewBase Special 24 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Senegal: FAR secures option on Djiffere block offshore Senegal
• Liberia: ExxonMobil planning to drill Mesurado-1 wildcat
• UK: Salt caverns to prevent oil storage shortage: VTTI
• China: Is Sitting on an Ocean of Diesel Fuel
• Oil bounces to $48 on bargain-hunting after sharp fall
• Why Shippers Are Turning to LNG-Powered Vessels
• Total plans deeper cuts in global project spending
• Iraqi Kurds dealt setback by US court ruling on oil sale
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.comor khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Tvi agm presentation june 10 2015 updatedTVI_Pacific
Mike Bue is the qualified person under NI43-101 who approved the scientific and technical information in the presentation. The presentation contains forward-looking statements that are based on management's expectations but actual outcomes could differ due to various risks and uncertainties. TVIRD is in the process of listing on the Philippine Stock Exchange which would provide a valuation of TVI's 30.66% stake in TVIRD and liquidity for TVI to raise funds. Key drivers of TVIRD's valuation include operations and resources at the Agata nickel projects and progress at the Balabag gold-silver project.
Tvi corporate presentation november 2015TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and subject to risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of pursuing low capex deposits that can be rapidly developed and put into production to generate cash flow. One project under review is the Cirianiu Gold Project in Fiji, which TVI may joint venture on to earn up to a 70% interest by advancing it to development.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially from expectations.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia-Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
Tvi corporate presentation january 2016TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of starting operations quickly to generate cash flow and using that to further explore and expand projects. TVI holds a 30.66% interest in TVIRD, a Philippine company pursuing a stock exchange listing, which would allow TVI to monetize some of its holdings.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
This document is Oceanteam's Q4 2016 interim report. It discusses the company's financial highlights for Q4 2016, including $11.2 million in revenue and $2.8 million in EBITDA. It also summarizes key operational highlights, such as new contracts awarded, charter agreements, and expansion into new markets. Finally, it provides an overview of Oceanteam's business areas, focusing on its shipping, offshore substations, and engineering solutions divisions. The CEO message emphasizes the company's agreement with bondholders to secure new financing and its focus on offshore renewables, engineering, and new revenue streams going forward.
#MP2013 Presentation of the Minister of State for DefenceFMINigeria
The document outlines the achievements of the Ministry of Defence and Nigerian armed forces from June 2012 to present. Key achievements include establishing joint task forces that reduced violence, acquiring new equipment for the military, strengthening international peacekeeping missions, refurbishing military infrastructure, and increasing maritime security capabilities. The Ministry of Defence and armed forces have been working to improve security, support counterterrorism operations, and modernize the military through new acquisitions and training programs.
The document summarizes recent developments in Libya's oil industry and Qatar's efforts to develop national talent. Specifically:
1) Libya's eastern Hariga oil port has reopened after protesters received delayed salaries, allowing two tankers to load oil, though talks continue as the May salaries were also delayed. Other fields like El Feel and El Sharara remain closed due to protests.
2) Maersk Oil in Qatar has begun a leadership program for 44 Qatari employees to develop career plans and advance national talent, aiming to quadruple Qataris in leadership roles by 2017.
3) Oman's Orpic has launched a prequalification process for contractors for the $3.6 billion EPC package of its
Libya has significant oil and natural gas reserves. Its proven oil reserves are 39 billion barrels and natural gas reserves are 52 trillion cubic feet. Oil production is around 1.6 million barrels per day, with over 90% exported to European countries like Italy. Libya depends on foreign investment and expertise to develop its oil and gas resources. It has recently begun allowing more foreign companies like Occidental Petroleum and ChevronTexaco to operate in Libya and boost production. Libya also aims to increase its domestic refining capacity and natural gas exports to Europe.
Cabo Drilling Corp. is an international mineral drilling services provider with operations in North and Central America and Europe. It offers a variety of drilling services to mining companies, including surface, underground, coring, reverse circulation, and geotechnical drilling. In the past fiscal year, Cabo increased its revenue by 50% and international revenue by 65%, with 59% of its drills working on gold projects. It aims to reduce debt, expand drill capacity, increase profit margins, and focus on safety. As drilling services are required throughout the mining lifecycle, investing in Cabo provides exposure to upside in multiple metals markets without exploration project risk.
Pareto securities corporate bond conference 23 January 2014PA Resources AB
PA Resources has made significant progress in 2013 by strengthening its management team, farming out assets to reduce leverage, and raising equity. Key accomplishments include farm-outs in Tunisia, Congo, and Denmark that shaped the portfolio for development. Drilling success in Equatorial Guinea also occurred. In 2014, PA Resources aims to continue progress by approving development plans for fields like Zarat and Diega, advancing development concepts for fields such as Broder Tuck, and drilling appraisal/exploration wells in fields like Lille John, Elyssa, and MPS.
Mubadala Petroleum installed the topsides platform at the Manora oil development in Thailand. The platform topsides were loaded out on July 2nd and installed on July 7th. Final hookups and commissioning will be completed before drilling of production and injection wells begins in mid-August. First oil is expected in late September.
Oryx Petroleum announced production and drilling updates for the Demir Dagh field in the Kurdistan Region of Iraq. Current gross production is around 4,000 bbl/day. The DD-6 appraisal well flowed oil at up to 700 bbl/day. DD-7 is planned to spud in coming weeks. Three additional development wells will be dr
A Gestão do Ciclo de Vida é:
- A aplicação do pensamento do ciclo de vida em práticas empresariais para gerenciar sistematicamente o ciclo de vida de produtos e serviços.
- A gestão sistemática dos ciclos de vida de produtos e materiais para promover padrões de produção e consumo mais sustentáveis.
- Uma estrutura de gestão flexível e integrada para abordar aspectos ambientais, econômicos e sociais de produtos, processos e organizações.
Este documento menciona varias ciudades y lugares como París, Berlín, Venecia, Tokio, Shanghai, Hong Kong y los Alpes. También menciona fechas y horas. Parece ser una lista de lugares, ciudades y países que el autor ha visitado o desea visitar, con algunas notas sobre la hora y fecha.
2015 Edelman Trust Barometer: Canadian ResultsEdelman
The Edelman Trust Barometer is the world’s preeminent study of trust around the world. This deck compiles both global and Canadian findings for 2015.
For more information, visit: www.edelman.ca
Etude Surikate / Gfk sur les comportement des utilisateurs d'iPhone au Royaum...Cedric Buisson
81% des anglais ayant un iPhone choisissent leurs applications mobiles dans le Top 50 de l’App Store. Une étude réalisée par GfK pour Surikate, spécialisée dans le marketing mobile, révèle que la majorité des utilisateurs de l’App Store en Grande-Bretagne ne consultent pas les applications se trouvant au-delà du Top 50. Plus d’information sur www.surikate.com
Formal specification techniques help discover problems in system requirements early in the development process. Algebraic techniques specify interfaces as abstract data types defined by their operations. Model-based techniques specify system behavior by modeling state and defining operations as state transitions. Both help reduce errors but require more upfront effort than informal specification. Formal specification is best for critical systems where failure costs are high.
Este documento discute las herramientas del lenguaje visual, incluyendo el tamaño. Explica que el tamaño es el primer elemento que debe seleccionar el emisor y depende de la escala del espectador. Luego analiza tres criterios para seleccionar el tamaño: 1) Impacto psicológico, ya que un tamaño grande o pequeño establece diferentes relaciones con el espectador. 2) Notoriedad, pues un tamaño gigante crea un gran impacto social. 3) Comodidad de manejo o ubicación.
O documento apresenta uma lista de 10 questões sobre conceitos básicos de cinemática, como movimento e repouso relativos, referenciais inerciais e trajetórias descritas por objetos em movimento. A lista é elaborada pelo projeto Física Total para auxiliar estudantes e fornece gabaritos oficiais para autoavaliação.
Es gibt gute Gründe, Software konsequent und dynamisch zu modularisieren. Zum Beispiel, um eine übersichtliche Softwarestruktur in großen Projekten zu gewährleisten oder um Anwendungslogik zur Laufzeit austauschen zu können (Hot Deployment). Java bietet jedoch kein eigenes Konzept zur Modularisierung.
Weitere Vorträge, die wir auch gern in Ihrem Unternehmen halten, finden Sie unter: https://www.iks-gmbh.com/impulsvortraege
La entrevista trata sobre la metodología del entrenamiento en fútbol. Francisco Seirullo Vargas, preparador físico del FC Barcelona, responde preguntas sobre cómo diseñar la metodología centrándose en la persona y no en el modelo de juego, lograr resultados a corto y largo plazo trabajando con los jugadores individualmente, y la importancia de utilizar principios de otros deportes pero adaptados a las necesidades específicas del fútbol.
O documento discute a geomorfologia, abordando a estrutura interna da Terra, tipos de rochas, teorias sobre a deriva continental e tectônica de placas, agentes geomorfológicos e formas de relevo. É apresentada a escala geológica do tempo e detalhes sobre o relevo brasileiro.
El documento lista las propuestas de proyectos de expresión gráfico-plástica de varios estudiantes del curso 11/12, incluyendo ilustraciones de poemas, textos literarios y otros temas usando diferentes técnicas como grafito, lápiz de color, carboncillo, pastel, ceras, acuarela y tinta.
OPTIC CONFORT, magasin d'optique sur Libreville, Gabon, a ouvert ses portes en 2013 pour vous fournir en lunettes correctrices et solaires. Venez découvrir nos produits et tous nos avantages (examen de vue gratuit, monture+ verres à partir de 70.000 fcfa...)
Este documento presenta la solución DHS TOTAL Advanced con NIIF, desarrollada para facilitar la implementación de las Normas Internacionales de Información Financiera (NIIF) en las empresas. El sistema permite manejar dos libros de contabilidad - BASE y NIIF - para registrar transacciones diarias y ajustes de NIIF respectivamente. Incluye funcionalidad para ingresar estados financieros iniciales de NIIF, realizar ajustes en inventarios, activos fijos y diferidos. El objetivo es minimizar el trabajo duplicado al reportar
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Part2 Presentation by Nimi Erekosima of Thomas Douglas Limited at the Subsea Vessels Africa Conference
1. www.thomas-douglas.com 1
09 June, 2014.
Speech by Nimi Godfrey Erekosima,
Principal Partner @
Thomas Douglas Nigeria Limited.
At the Subsea Vessels Africa Conference, Labadi Beach Hotel, Accra,
Ghana.
SLIDE 2
Once upon a time there was a couple who had been married for over 30 years without a child.
SLIDE 3
Then one day the man left his wife and went on a sojourn around Africa looking for answers.
SLIDE 4
After a few years he came back with a love child and asked his beloved wife to take care of
the child as she would her own. The child‟s name was local content.
SLIDE 5
Would she accept the child?
As an indigenous local contractor Thomas Douglas is very interested in the dynamics of this
marriage because the full acceptance of local content would greatly impact our success in
ways that I would highlight here today.
I want to thank the organizers of this Subsea Vessels Africa Conference here in the
breathtaking Labadi Beach Hotel in Accra, Ghana. It is truly an honor to be here.
I am a young Chief Executive who would try to impress you with my presentation therefore
I implore you to laugh and clap hysterically when I try to be funny…Thank you.
SLIDE 6
My chosen topic is “Local Content Strategy on Implementing Construction Plans” with
the three sub topics namely
(1) Understanding the content rules involved in offshore construction,
(2) Capabilities needed and required in the industry and,
(3) Cost mgt and critical aspects of the offshore construction project.
2. www.thomas-douglas.com 2
SLIDE 7
I will make my presentation with the following learning goals
(1) We will be introduced to the fundamentals of offshore construction
(2) We will able to define the Nigerian content Policy
(3) We will learn a brief history of the Nigerian local content
(4) We will identify the Nigerian content strategies applicable in the offshore construction
industry
(5) We shall then view critical aspects of a construction project through the concept of value
addition
(6) Finally we shall conclude by examining the impact (both positive and negative) of Nigerian
content with my T E S T recommendations.
SLIDE 8
Offshore construction could be divided into three major categories:
(1) Platform construction
(2) Offshore Pipe laying and,
(3) Major maintenance modification of existing facilities.
I have also included a fourth category which is the construction of onshore support facilities
such as maintenance workshops, pipe mills etc.
No construction work is possible offshore without the use of offshore support vessels
SLIDE 9
Let‟s now look at the characteristics of offshore constructions: -
They are capital intensive – with figures like $250m for the construction of a subsea
manufacturing complex or $3b for the Egina FPSO.
Offshore construction projects place a high premium on Quality, Health, Safety and
Environmental concerns, with the lives of personnel and high cost of production at stake, first-
rate mitigation strategies are being employed to tackle design, construction and operational
risks.
3. www.thomas-douglas.com 3
Thirdly, most fabrication work are done onshore and then loaded out sometimes in modules to
offshore locations for installation and hook-up activities. This strategy reduces exposure to
risks associated with logistics and geohazards.
Fourthly, with obvious geological and logistical constraints, working offshore demands
innovative skills in project planning, work sequencing as well as specialized skills in operating
ROVs and DP vessels
Favorable weather is needed to perform lifting and installation activities offshore.
The race to first oil means that operators often fight to use identified preferred vendors and
suppliers even with the advent of local content.
Finally assuming you were not swallowed by any of the big fish above; of course the rewards
could enormous not only in financial terms but also technology transfer.
SLIDE 10
Now that we have an understanding of what offshore construction entails, let us now examine
the Nigerian content by starting with the definition: it is the quantum of composite value-added
or created in the Nigerian economy through the deliberate with utilization of Nigerian human
and material resources in the provision of goods and services in the extractives industry
without compromising on QHSE.
So why is the definition important you may ask? It is important because it helps us remember
why we need local content; how to achieve local content and how to know when we have
achieved it. The essence of local content is value-addition to the local economy: In this
instance, value addition means; Development of Individual and Business capacity to
international standards and the Retention of capital in the local economy to stimulate the
economy, it also means Linkages to local institutions such as training centers, legal
institutions, financial institutions, manufacturing, R & D etc.
4. www.thomas-douglas.com 4
SLIDE 11
Let us now have our brief lesson on the history of the Nigerian content.
Oil and gas activities started way back in 1936 when shell-Darcy was given the concession to
explore all of Nigeria for oil. However it wasn‟t until after the Nigerian Civil war in 1969 that the
Petroleum Act was promulgated wherein Regulation 26 advocated the employment and
promotion of Nigerians into top level managerial positions.
SLIDE 12
In 1971 the NOC (Nigerian National Oil Corporation) was established and later merged with
the ministry of mines and steel to form the Nigerian National Petroleum Corporation (NNPC) in
1977 with a duty to protect Nigerian interests by acquiring strategic assets and also retaining
significant portions of the oil and gas derivatives. Nothing much happened in the 80s and early
90s due to slow global economic growth. Mid 90s saw resurgence of significant oil and gas
activities and with it violent agitations by host communities for greater share of the dividends of
oil and gas activities in their domain. You may remember the Ken-Saro-Wiwa saga of 1995.
SLIDE 13
Fast forward to 2010, after years of anticipation the Nigeria Oil and Gas Industry Content
Development Act was passed and signed into law by President Goodluck Ebele Jonathan. The
NCDMB was also established outside of the NNPC, with a mandate to set up policies and
guidelines of implementing the NOGICDA. Highlights of the act include
(i) Giving indigenous companies exclusivity on land and swamp activities
(ii) Right of first refusal for licenses, oil blocks & contracts
(iii) Interested multinational companies were to invest 50% of the assets in their
Nigerian subsidiary
(iv) A Nigerian company defined as being 51% owned by Nigerian
(v) NCDMB reserved the right to impose fines for non-compliance
(vi) Operators and contractors were to remit 1% of the sum of all contracts to a central
NCDF
5. www.thomas-douglas.com 5
SLIDE 14
Moving on … In order to identify the relevant NC strategies applicable in the offshore
construction industry, let us observe the STRATEGIC MANAGEMENTCYCLE. Strategic mgt
begins with the question “Having seen the future we desire, how do we create it?”
It is divided into the strategic planning and strategic implementation phases. During the
planning phase, we do an appraisal of our current capabilities vis-s-vis our targets, then do
gap analysis and come up with action plans. While during the Strategic implementation phase
we restructure our organizations /sector to achieve the set goals. It ensures that resources are
effectively deployed and performance monitored and evaluated objectively.
SLIDE 15
Consequently the NCDMB launched the Nigerian Oil and Gas Industry Content Joint QS in the
2nd quarter of 2012 to gather and manage data in relevant areas. These areas stated here are
relevant to the offshore construction industry. They include: Marine Vessels Ownership data,
Contract Processing data, Equipment Ownership data, NC Compliance Certification data, and
the Training & Employment data etc. These captured data are then used to formulate plans
such as the Marine Vessels Ownership Scheme (MAVOS), the Nigerian Content Employment
Initiative (NCEmI) and so on.
SLIDE 16
According to the current appraisal, Nigeria has achieved about 90% target in the provision of
engineering design of offshore facilities. Under fabrication and construction category the
targets range from 50% for topside process modules and 100% for pipeline systems & risers.
In the maintenance/modification category NC target ranges from 45% with subsea systems
and 90% for platform maintenance
Finally for moving the support vessels category, moving services has a 100% target and 45%
for FSU. Still under this category hook-up and commissioning services has a 75% man hour
target, and 55% for dredging services.
6. www.thomas-douglas.com 6
SLIDE 17
The focuses of the strategies applicable to the construction category are:
(i) Training and employment of Nigerians
(ii) Promotion of indigenous ownership of marine assets such as offshore support
vessels and rigs and
(iii) Establishment of key facilities such as pipe mills, dry docks, topside integration
facilities etc. Let us also agree that successful implementation requires the
collaboration of all stakeholders from regulatory bodies to the operators, to the
indigenous contractors and their foreign technical partners.
SLIDE 18
The first focus area is on Training & employment. This strategy is four pronged as shown
(i) Industrial attachment on on-going projects.
(ii) NCDMB direct training of host communities on environmental remediation and on
construction skills.
(iii) Identified institutions get upgraded into oil and gas Training Centers of Excellence
(TCES).
(iv) The fourth prong is the monitoring of the expat quota where every position held by
an expat must have a Nigerian understudy for seamless succession.
SLIDE 19
On implementation candidates load their documents unto the joint qualification system where
NCDMB evaluates and categorizes the vessels and vendors for engagement in the industry.
The NCDMB also collaborates with Nigerian Maritime Admin and Safety Agency (NIMASA) to
enforce the cabotage law on coastal & inland shipping.
Other Nigerian content strategies that impact the construction industry include
(i) Equipment components manufacturing initiative (ECMI),
(ii) Original Equipment Manufacturer Strategy (OEM),
(iii) Offshore Rig Acquisition Strategy (ORAS),
(iv) Nigerian O&G Industrial Park Scheme (NOGIPS),
7. www.thomas-douglas.com 7
(v) The Nigerian Content Equipment Certificate (NCEC) and the
(vi) Nigerian Content Development Fund (NCDF).
These strategies seek to encourage foreign manufacturers to set up shop in country and take
advantage of the opportunities, while the NCDF is expected to guarantee funding to local
contractors to own critical assets.
SLIDE 22
I define a project as a business decision implemented in order to convert and opportunity into
an asset which creates value to its owners. The key word here is “value” and the first step is to
understand what „value‟ is to the project stakeholders. These values which are the objectives
of the project must be optimized throughout the oil and gas value chain, critical aspects of the
project must be considered through the eyes of „value addition‟. The value of the asset must
be maximized across the project constraints using tools and techniques such as, lean
construction, life-cycle costing, value engineering, and earned value management. Value also
takes different forms depending on the phase in the project life-cycle, at initiation we talk about
„value articulation‟, at execution we „optimize value‟ and at the end of the project we document
„lessons learnt‟ which we take onto the next project. Finally, these objectives should be
cascaded down the project team hierarchy.
SLIDE 23
So when managing the processes of cost which includes estimation, budgeting and control,
value for money principles instead of the traditional cost saving mechanisms should be
employed; the cheapest route isn‟t necessarily the best route. Cheap tin no good and good
tin no cheap. Consider the lasting effect of every decision you make.
SLIDE 24
How has these NC strategies impacted local offshore construction industry? It has improved
employment according to statistics with over 40 thousand Nigerians employed in 3years.
It has increased the desire of and actual ownership of marine assets.
It has retained about 50% of the nations annual $20b spend and
Aided linkages to other sectors of the economy.
8. www.thomas-douglas.com 8
Considering the negatives:- the impact on the GOP comparing pre- NC 2009 and post NC
2013 has been negative i.e. from 17.8% to 14.4% respectively; of course this is expected short
term but with wider acceptance and implementation the story will change.
Also in the short term NC increases the cost of construction projects. This should happen
when the tested procurement routes are abandon for newer local suppliers therefore
contingency costs applied would impact the cost baseline. Lastly LC by nature protects local
goods and services thereby going against the principles of international free trade.
However local industries need to be developed in order to achieve trade balance
SLIDE 25
In conclusion to whole hearted acceptance of NC by this family means more work for the local
contractor today we are constructing new pipe mills, new vessels, an industrial park etc. We
are also guaranteed better access to funds through the NCDF, and our staffs are being better
trained.
SLIDE 26
All these must be done in T E S T manner.
Timely manner – the world is looking to other sources of energy and with increased global
exploration more fields are getting discovered.
Effective manner – focus more on manufacture which accounts for 54% of the total DC of
offshore construction projects, Establish Enterprise Development Centers to position
businesses to meet international standards
Strategically focus on the big picture as a robust NC will eventually benefit all stakeholders.
Transparent collaboration between stakeholders especially with the passing of pending
regulations such as the PIB will increase overall investment in the sector.
THANK YOU