This paper draws from a fascinating series of virtual meetings the New Producers Group started in March 2020 to understand how the double crisis of Covid and the oil market crash would impact national aspirations for the petroleum sector. The paper looks at those impacts, lays out some strategies for crisis response (legal challenges, managing oil companies, communications), draws on scenarios for longer term transition impacts and reflects on what policies would help these countries be resilient in the face of the deep change the petroleum sector is undergoing.Strategic Vision Find out more
This meeting in the New Producers Group series Fostering Resilience in Crisis examined the impact of the oil price crash and the Covid pandemic on the pace and course of the energy transition, with a specific focus on the impact on oil and gas vs. energy alternatives. Two scenarios helped structure the discussion.Strategic Vision Find out more
Countries endowed with oil and gas hope these resources will lift their economies. They create national oil companies (NOCs) to act as vehicles for national participation in the oil and gas sector, to capture a greater share of the resource rents and act as catalysts for the implementation of broader development goals. This study proposes a methodology to evaluate and benchmark the performance of African NOCs, taking into account the regulatory and policy environment in which they operate.Strategic Vision Find out more
The 5th annual meeting of the New Petroleum Producers Discussion Group was hosted by Staatsolie in Suriname. The international group meeting focused on creating investment terms that incentivise oil companies to perform financially and operationally to the highest standards as well as contract administration and operational oversight issues.Strategic Vision Find out more
The Good Governance: Preparing for First Oil in Guyana seminar was held in Georgetown on the 17 and 18 November 2016. Following the significant oil discovery made offshore in Guyana, this seminar was designed to help policymakers prepare for first oil production; to review policy options (and the trade-offs involved in pursuing the various options); and to discuss what changes in laws and institutions would be required to best prepare for oil production.Strategic Vision Find out more
This paper reviews possible roles for a national oil company (NOC) in Lebanon and their appropriateness at various stages of development. Specifically, it addresses when the right time to create a national oil company is; the role an NOC can effectively play in the pre-licensing, exploration, development, and production phases; and what governance frameworks can keep it in check. The paper concludes that the establishment of an NOC presents very real governance risks. While various processes and rules can mitigate these risks, such measures depend on strong political leadership. Without them, it will be difficult to hold the process to a higher standard.Strategic Vision Find out more
The New Petroleum Producers Discussion Group convened for its second meeting May 12-13 at Chatham House. The meeting brought together national oil company (NOC) executives, government officials and civil society representatives from 18 different emerging producer countries, key governance advisory groups, and some large and smaller oil companies for a […]Strategic Vision Find out more
Dr. Sarpong has been in executive management for nearly thirty-five (35) years.He was Chief Accountant and General Manager, Ghana Food Distribution Corporation (1983-1990),Deputy Managing Director, Produce Buying Company Limited (1990-1994), Deputy ChiefExecutive, Ghana Cocoa Board (1994-1998), Head of Administrative & Financial ServicesDivision, International Cocoa Organisation London (1999-2003), Deputy Managing Directorand Managing Director, Tema Oil Refinery (2003-2009),Executive Chairman, KumasiAsante KotokoFootball Club (2010-2013),Group Chief Executive, Global Haulage GroupLimited (2014-2016). Since January 2017, Dr.Sarpong has served as Chief Executive ofGhana National Petroleum Corporation(GNPC). A result-oriented person,Dr. Sarpong Carried out relevant initiative in the organisations mentioned above to turn around their fortunes.
Dr. Sarpong stepped down as Chair of the New Producers Group Advisory Board in April 2022, after a successful period of leadership, bringing a strong vision and voice to the Group. His successor as Chair will be announced shortly.
Honey Malinga holds a Master of Science in Exploration Geophysics, a diploma in Exploration Geophysics and a Bachelor of Science in Physics. He currently serves as a Director, Directorate of Petroleum, Ministry of Energy and Mineral Development, Uganda.
Walid Nasr is the Chairman of the Lebanese Petroleum Administration and Head of the Strategic Planning Department. Walid held several senior managerial and technical positions with the United Nations agencies in Lebanon and abroad, working closely with Governments public institutions, and international organizations at both the national and international levels. He has wide professional expertise in diverse developmental fields including policy, planning and programming in energy, natural resources management, and sustainable development.
Dr Valérie Marcel is an associate fellow in the Energy, Environment and Resources programme at Chatham House and project lead for the New Producers Group. She is an established expert on national oil companies, petroleum-sector governance and emerging strategic issues shaping the energy sector. She is the author of Oil Titans: National Oil Companies in the Middle East (Chatham House/Brookings, 2006). She advises governments in sub-Saharan Africa, the Eastern Mediterranean, South America and the Caribbean on petroleum sector policy and governance. She is deputy chair of the governing board of Renewable Energy and Energy Efficiency Partnerships (REEEP) and is a member of the World Economic Forum’s oil and gas strategy council. She previously led energy research at Chatham House and taught international relations at the Institut d’études politiques (Sciences Po) Paris, and at Cairo University.
Naadira Ogeer has 20 years industry experience across all aspects of the exploration and production value chain covering both the investors and Government perspective. She is an economic adviser in the Commonwealth Secretariat’s Ocean and Natural Resources Advisory Division. In this capacity, she advises governments in sub-Saharan Africa, the Caribbean and the Pacific on policy, fiscal regimes, sector regulation and contract negotiations. Naadira also delivers customized training to member countries and is the project lead for the Commonwealth Secretariat in the New Producers Group.
Prior to this role, Naadira worked at BP for 15years in various senior strategy, commercial and planning roles at Group Headquarters (Strategy Advisor – Group Strategy & Policy), Houston (Senior Business Advisor – Upstream Planning), Aberdeen (commercial advisor) and Trinidad (Head - Upstream Commercial Operations, Head of Strategy, Planning and Performance Management). She has been involved in multiple aspects of investment decisions at project, country and company level including managing economic evaluation teams and support for upstream executives on matters of project portfolio decisions.
Patrick has worked on legal reform and governance initiatives in the developing world for more than 20 years for organizations including USAID, the U.S. State Department, the Asian Development Bank, Creative Associates International and The International Center for Transitional Justice. He is a senior visiting fellow at the Center for Law, Energy & Environment at the University of California, Berkeley.
Patrick is an Advisor at NRGI and his work focuses on several core elements of natural resource governance, including the management of state-owned enterprises, legislative and regulatory reform and oil and mining contracts. He coordinates the organization’s emerging work on the implications of climate change for the economies of resource-dependent countries. He contributes extensively to NRGI’s programs of technical assistance to governments and civil society organizations throughout the world, and to NRGI’s capacity development efforts. Patrick is the project lead for the Natural Resources Governance Institute in the New Producers Group.