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Event summary  2018

Local Content Policy Implementation

The New Producers Group organized a workshop in Beirut on 21–23 May 2018 on local content policy design and implementation in collaboration with the Lebanese Petroleum Administration (LPA) and the Norwegian Oil for Development programme. The workshop was held just a few months after Lebanon signed its first petroleum licences. There is keen interest in Lebanon in the economic opportunities this emerging sector will create. Lebanon’s local content policy was naturally a focus of discussions, but the workshop was equally concerned with exploring a diverse range of international experiences.

Socio-economic returns Find out more

Article  2018

Is Lebanon Set for an Oil Bonanza?

The Lebanese government is banking on oil and gas discoveries to fuel a bright new future. But the challenges are just starting for the small country beset with public mistrust in politicians and ongoing geopolitical disputes.

Trust & Accountability Find out more

Article  2017

Contemplating Oil Prospects, Suriname and Guyana Look to Peers

The neighboring South American countries of Suriname and Guyana are adjusting to life in the spotlight of the global oil industry. As they adapt to new prospects that are both exciting and challenging, government officials in both countries hope to learn from the experiences of their peers in other new oil hotspots.

Overarching issues Find out more

Event summary  2017

National Seminar for Suriname – English

The National Seminar for Suriname was held in Paramaribo on 18 October 2017, during the annual meeting of the New Petroleum Producers Discussion Group. The National Seminar for Suriname brought together representatives from the ministries of natural resources, labour, finance, commerce and industry as well as the maritime authority, members of parliament, Suriname’s business association, civil society leaders, and oil industry representatives.

Building Capacity Find out more

Event summary  2017

National Seminar for Suriname – Dutch

Het Nationaal Seminar Suriname werd op 18 oktober 2017 in Paramaribo gehouden, tijdens de jaarlijkse vergadering van de Discussiegroep Nieuwe aardolieproducenten. Tijdens het Nationaal Seminar Suriname kwamen vertegenwoordigers bijeen van de ministeries voor Natuurlijke Hulpbronnen, Arbeid, Financiën, Handel en Industrie, de maritieme autoriteit van Suriname, parlementsleden, de vereniging Surinaams bedrijfsleven, […]

Building Capacity Find out more

Event summary  2017

Annual meeting 2017

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

Event summary  2017

National seminar for Guyana “Managing Resources Post-Discovery”

This is the summary of a workshop, held in Georgetown on 21–22 June 2017, that examined how petroleum development might influence Guyana’s development trajectory as well as the various mechanisms of saving petroleum revenues and rules for spending them.

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Event summary  2016

National seminar for Guyana, Good Governance: Preparing for First Oil

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.

Building Capacity Find out more

Report  2016

A Local Content Decision Tree for Emerging Producers

This paper seeks to present policy-makers of emerging producer countries with a structured framework for considering the multiple factors that come into play in the development of a local content policy.

Socio-economic returns Find out more

Report  2016

Establishing a National Oil Company in Lebanon

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.

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