Resource library
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 moreEvent 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.
Socio-economic returns Find out moreEvent 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 moreReport 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 moreReport 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.
Strategic Vision Find out moreReport 2016
Guidelines for Good Governance in Emerging Oil and Gas Producers
The purpose of these Guidelines is to help emerging producers and the groups that advise them to think critically about the policy options that are available, and that would be most effective during the first stages of exploration and development, or during a restructuring of the country’s oil and gas sector.
Overarching issues Find out moreReport 2016
Left Stranded? Extractives-Led Growth in a Carbon Constrained World
This paper challenges the assumption that extractives will be the primary driver of economic development in extractives-rich low-income countries.
Energy transition Find out moreReport 2016
The Cost of an Emerging National Oil Company
Emerging NOCs need to adjust their plans and ambitions to the new realities of price and competition for investment, writes Valérie Marcel.Emerging NOCs need to adjust their plans and ambitions to the new realities of price and competition for investment, writes Valérie Marcel.
Building Capacity Find out moreArticle 2016
Large Oil Discovery Generates Hope, Challenges in Guyana
The Liza oil field discovered off Guyana’s coast in 2015 might be the world’s biggest oil discovery in the last two years. The discovery may ultimately produce 1.4 billion oil-equivalent barrels of crude. This could have a massive economic impact on a country currently ranking among the poorest in the Latin America and Caribbean region.
Socio-economic returns Find out moreReport 2016
Annual Meeting 2016
The fourth Discussion Group meeting which was held in Naivasha, Kenya from 2 –4 March was the second meeting of the Group outside of London. It was hosted by the National Oil Corporation of Kenya. The central theme for this meeting was the importance of a clear vision for petroleum sector development and the role of National Oil Companies, especially taking into cognisance the cyclicality of the industry and the potential impact of such disruptive technologies as shale oil/gas.
Building Capacity Find out more
