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E&P Sharing Contracts and Agreements 2010 (Update 1)

Tuesday, March 16, 2010

I have been informed that Tariq Shafiq, who is involved in writing the new Iraqi Oil Law will be joining the event. Here's the tentative schedule for the speakers for Day Two:


Plenary One | 09.00 - 10.45
The post-recession E&P industry agreements and the
challenge of recovery
Chairman’s Opening Remarks
Mr Tariq Shafiq, Founding Executive, Iraq National Oil
Company
Next-generation E&P engagement: Outlook for the world and
Asia in 2010
• To what extent will the downturn bring fundamental change
to the nature of E&P contracts in Asia and how will IOCs,
NOCs and service contractors respond?
• What are the bright spots and challenges for the service
contractors?
Ministry of Energy and Mineral Resources, Indonesia*
Transforming PSAs: Evolving contracting models and the push
to abolish the PSA
• Revisiting and transforming the original PSAs to more win-win
commercially viable arrangements
• What are the alternatives available to successfully transform a
PSC into a more economically viable contract?
Hardiono, Deputy Chairman, BPMigas*
Structuring advanced models of cooperation in the form of a
Joint Venture or Partnership
• What specifi c terms have to be adopted for safeguarding your
agreements and ensuring successful collaboration?
• How changing roles of IOCs and NOCs contribute to the
shape of the partnership agreement and what you should
expect?
Ms Karen Agustiawan, President Director, Pertamina*
Revising ineffi cient contracts: Holistically reducing
uncertainties from E&P projects
• Evaluating alternatives under different scenarios, i.e. reserve
discoveries, variations in oil prices, operating costs, and fi eld
development
• Cost recovery system and ‘excess profi t’ adjustment
mechanism
• Hedging against exploration uncertainties of no discovery,
discovery not being commercial and costs
• Hedging against production uncertainties, derived through
operating costs and commodity prices fl uctuations
Mr Joseph Amudi Tobing, Sr Legal Counsel, Hess Limited


Click the latest brochure to get more detailed information on the list of speakers and venue.

Another good news: the reader of this blog may get 10% discount. I am still working on the arrangements with the organizers.

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Google's exit and the Great FireWall of China

Monday, March 15, 2010

According to news agencies, it is very likely now that Google will exit China. A recent interview in the BBC revealed a targetted attack to gmail account owned by Chinesse Human Rights activists.

Will this triggers the creation of a new web-block? Will the future of the Chinese Web goes different way from the mainstream Internet? The Berlin wall did collapsed but the great firewall remains because the firewall has no direct effect on the Chinese economy. 

This could be the beginning of an entirely new internet culture.

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Sony -- don't take away my friend's name

Detik reported that Sony corp sent a sommation* letter to a blogger named Sony, for using sony-ak.com for his domain name. Now the blogosphere strikes back at Sony and organize a facebook group called 'Sony -- don't take away my friend's name'.


Will the wisdom of the crowd(ed) facebook beat Sony corp and its lawyers? We shall see.

Shall we name our cats Google and assign a domain name for it?

* I am not sure how to translate the term. There is 'Abmahnung' in German and 'Sommation' in French. Is Cease and Desist the equivalent common law concept?

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[RTWS Update] Questionnaire on Good Practices

Sunday, March 14, 2010

The UN Independent Expert on the right to water and sanitation recently launches a good practice questionnaire on the right to water and sanitation. If you have been or is involved in watsan related projects or is doing a research on watsan related policies, you are invited to make a contribution.

Read this page at the IE Water website to get a more comprehensive explanation. To download the good practices questionnaire, click here.

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RTWS Updates

To cover recent developments on the Right to Water and Sanitation, this blog launches "RTWS Update". The updates will contain news, issues, viewpoints and events related the right to water and sanitation. If you are not yet familiar with RTWS, please have look at the right to water web page here.

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E&P Sharing Contracts and Agreements 2010

Saturday, March 13, 2010

Center for Energy Sustainability and Economics will be holding a very important forum this April, in Jakarta. The E&P Sharing Contracts and Agreements 2010 will be held in Jakarta 27-29 of April 2010, and will feature important figures in the Indonesian Oil and Gas Industry. This is the press release I received from the organizer, Arcmediaglobal:


Insights into the most efficient partnerships, alliances, contracts and agreements adapted to today’s economy are why this Power Forum is a must-attend event for all exploration companies from Southeast Asia, Central Asia, Russia, Africa, the Middle East, Caspian Sea and other oil-rich regions. The forum brings together the institutions, regulators, commercial and state actors, all who are directly involved in actual contracts and sharing agreements, to shed light into business-critical and contract-related issues around the various relationships, fiscal models and risk management must-haves in today’s petroleum exploration and development, including production sharing, joint operations, joint ventures, service contracts, international boundary disputes and oil & gas accounting.


 I will update more on this event. Click here for brochure.

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World Water Day: Dee & Tweed HELP workshop (Live Broadcast)

Friday, March 5, 2010

The UNESCO Centre for Water Law, Policy and Science at the University of Dundee will be holding a workshop with a focus on land use and water management. Following is the release I received from the organizer: 

"The University of Dundee’s UNESCO Centre for Water Law, Policy and Science is takes a leap into the world of online conferencing for the celebration of World Water Day next month, on the 22nd March.  This event will be broadcast live via the internet, both through live audio-visual and a transcript of proceedings in real time.  Global participants to this free online event will be encouraged to provide immediate feedback to the conference speakers and organizers and to share comments with one another through an online forum facility.  The focus will be on the work of the UNESCO Centre in the Tweed valley, in particular the interface between land use and water management.  Comparisons will be made with other UK river valleys, in particular the Dee and the Thames.  The conference will showcase global water issues and the multidisciplinary work of the UNESCO Centre in promoting the importance of water law and hydrological science in helping to achieve more consensual and informed water policy and practice.  World Water Day was inaugurated in 1993, since when it has been a focus globally for action on water issues, including promoting fair and equitable access to transboundary watercourse and groundwater resources of freshwater."

 In order to participate in this online conference, please sign up below:



Events


For enquiries, please contact UNESCO Centre's Knowledge Exchange Coordinator Daniel Gilbert at d.gilbert[at]dundee.ac.uk