Theme: Energy Transition and Implications for Nigeria’s Economy – A Critical Assessment
Oil Majors, especially of the European extraction, are taking ambitious steps to commit to green energy targets and investments. According to the United States Energy Information Agency, EIA, the oil industry faces increasing demands to respond to the low carbon agenda. And leading the response are European companies like TOTAL SE, which in 2020 announced a $7b write-off in its Canadian “proved reserves” – that gold standard of value for oil companies. The action probably signaled early steps at transiting from an Oil Major to an Energy Major. With similar actions from Shell, BP, ENI, etc., it seems the energy transition train has literally left the station.
Is Nigeria’s 40 billion barrels proved oil reserves (or parts of), at risk of being written off someday to be replaced by green energy assets in the oil (sorry, energy) majors’ portfolio mix? Long shot?
Join the conversation at the AOGS Energy Webinar Series and see if and how the future of the Nigerian oil industry is likely to be re-calibrated and what it may mean for the economy and business. Sub-themes include:
- Global Trends in Energy Transition
- Regulatory framework on Net Zero Positions in the Oil and Gas Industry
- Energy Transition and Nigeria’s Crude Oil Reserves Development Strategy
- Local Content and Energy Transition Implications
- Energy Transition and Nigeria’s Business & Economic Environment
- Nigeria power sector in the face of Energy Transition
- The impact of Energy Transition on the financial sector
- Dr Felix Amieyeofori, Chairman, AOGS Energy Resources and Lead Promoter, EnergyHub
- Prof Prof Joseph Ajienka,Emmanuel Egbogah Chair of Petroleum Engineering, University of Port Harcourt
- Gerard Kreeft, Energy Transition Advisor, The Netherlands
- Omowumi O. Iledare, Institute for Oil and Gas Studies, University of Cape Coast, Ghana
- Professor Asiwaju Busari Akande, Islamic Institute of Accounting and Finance, Ilorin
- Faruk Y Yusuf, Ag Director, Renewable and Rural Power Access, Federal Ministry of Power, Abuja
- Toyin Yusuff, CEO Makitas Energy Ltd, Chairperson Future Energy and Renewable Committee, WEOG
- Dr Patrick Obah, Director, Policy Research and Statistics, NCDMB
Date: March 23, 2021
Time: 10 am – 1pm
Platform: bit.ly/3uPREyL (Zoom)
Good to here of you