Pierre Girard

🚨 **GRAPHIC UPDATE: Leadership in Nigeria's Oil and Gas Sector? **🚨 Consider the following: 🛢️ No transaction in the energy business goes forward without a commercial and strategic evaluation of the transaction's merits. 🛢️ After all, m[b]illions of dollars are at stake and shareholders and stakeholders are not going to sit idly by and watch a management team gamble it away. 🛢️ The numbers are eye-watering - $2.4 billion on the Shell-Renaissance deal, $1.28 billion on the Seplat Energy Plc-ExxonMobil deal, $1.2 billion Chappal Energies Mauritius Limited - Equinor deal... you get the picture But whose responsibility is it to ensure this due diligence is conducted? Enter the Commercial, Strategy and Business Planning Executive. In our latest Energy Business Analytics newsletter, we profile the commercial and strategy executive found on the management teams of Nigeria's leading indigenous E&P companies. We find that typically, this executive: 1️⃣ has between 15 and 25 years of experience 2️⃣ possesses degrees in Business, Finance or Engineering 3️⃣ have had their career paths wade through Shell, ExxonMobil, and Chevron Don't believe me? Let the data speak to you in this deep dive: https://lnkd.in/gCXRnaUC ..then let me know what you think! #careers #humanresources #economics #energyanalytics

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ONE HOUR UNTIL FREE WEBINAR: Navigating the Path to Lower-Carbon Cement: Roadmaps and Strategies Tuesday 17th September | 2pm BST | 8am CST | 9am EST Delivered in partnership with Shell Energy Are you.. 💡Setting decarbonization targets and want to learn about methods and challenges? 💡Seeking partner collaboration and insights on government and policy impacts in decarbonising cement? 💡Facing pressure to decarbonize and need to understand your role in commercialising decarbonised products? 💡Interested in the role of cement users and increasing demand for decarbonized cement? The webinar begins in ONE HOUR! Tune in for free and take away valuable insights to support your journey to decarbonised cement🚀https://hubs.li/Q02PXzBc0 #decarbconnect #shellenergy #streetsconsulting #worldcementorganisation #cement #manufacture #strategy #decarbonisation #sustainability #roadmap #challenges #hardtoabate #energy

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🚨 *** The Energy Transition *** 🚨 Egbuna Chimezie and James Whitaker invited me to share my thoughts alongside Riverson Oppong, PhD. on how oil and gas markets can balance their traditional role against the transformation sparked by the energy transition. This was at the Society of Petroleum Engineers International career fair sponsored by Chevron - the human energy company - and Oil & Gas Jobs by Rigzone. I made the following points: - In four years since April 2020, interest in the term "Energy Transition" has tripled! This is based off a Google Trends analysis. - The energy transition will unfold in a manner unlike it has been envisaged. - It will be more of an "Energy Addition" than an "Energy Transition" - It will cost more than has been estimated - It will take longer than anticipated and.. - It will reallocate geopolitical risk How would the traditional industry respond to this rapid transformation? ICYMI, you can watch the full talk here: https://lnkd.in/gMpw_p6V

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# Reclaiming Our Narrative: Black Excellence in the Energy Sector As we celebrate Black History Month, SPE Aberdeen would like to acknowledge how crucial it is to recognise and honour the contributions of Black professionals in our sector. This year's theme, "Reclaiming Narratives," resonates deeply within our industry, highlighting the importance of diverse voices and experiences that shape our field. # The Power of Collective Progress The Energy industry is transforming, with more Black professionals joining, leading, and innovating whilst shaping its future. # Representation Matters at All Levels From entry-level positions to executive boardrooms, Black representation sends a powerful message: this industry is for all with the passion and skill to succeed. # Spotlight on Under-representation in our Sector across Aberdeen and the UKCS Black engineers remain under-represented, limiting access to talent and fresh perspectives. Addressing this imbalance requires concerted efforts from industry leaders, educational institutions, and professional organisations. Initiatives focused on outreach, mentorship, and creating inclusive working environments are crucial steps toward increasing Black representation in key industry hubs like Aberdeen. # The Impact of Visibility Representation matters: when young Black students see professionals who look like them succeeding in STEM fields, it inspires them to pursue these paths. Mentorship and outreach programs are vital to fostering this connection. # Challenges and Opportunities Progress has been made, but more work in diversity, equity, and inclusion is essential to unlocking our industry’s full potential. SPE Aberdeen – Solutions – People - Energy #ReclaimingOurFuture #ChallengesandOpportunities #TheImpactofVisibility Elizabeth McAlpine Renata Halim Danielle Sion-Moore Stewart McIntosh Joseph Sherratt Diane Wood MBE

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🚨 **GRAPHIC UPDATE: Four things You Should Know ...**🚨 Oando Plc was named as one of the top three contenders to buy or lease the 168 Mbpd, mothballed Petrotrin Pointe-a-Pierre refinery in #Trinidad. This came shortly after the company received approval to complete a $783 million acquisition of Nigerian Agip Oil Company – a subsidiary of Italian oil major Eni. In our just-released Energy Business Analytics newsletter we examined Oando's refinery play and here are four things you should know: 1️⃣ The government of Trinidad and Tobago has tried twice since the refinery's closure in 2018 to sell or lease the asset. 2️⃣ 73 percent of the refinery's throughput was imported at the time of the refinery's closure. 3️⃣ Gasoline, kerosene and diesel comprised 70 percent of the products produced from the refinery in 2018. 4️⃣ The refinery's gross margins trended downward from 2011 to 2016, squeezing refinery net margins (profitability) and leading to billions of dollars in losses. You can explore more here: https://lnkd.in/gPsNnfNf Let me know what you think... Is this a good strategic play? Let's talk! #energyanalytics #dataanalytics #refining

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GOAL ABANDONED BP Abandons Goal to Cut Oil Output, Resets Strategy https://hubs.la/Q02SmKzh0 BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three sources with knowledge of the matter said. #bp #oiloutput #oilandgasindustry #energyindustry #oilandgas

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Eni to Divest Its UK Upstream Assets to Ithaca Energy   Eni SpA has made a significant move by agreeing to divest the majority of its upstream assets in the U.K. to Ithaca Energy. 🔽 Find more info in comments below 🔽 #Eni #IthacaEnergy #Upstream #UK #OilandGasNews #OffshoreOilandGas ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

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Sunda Energy Plc has signed an MoU with Timor-Leste government and state-owned companies, setting out the framework for joint evaluation of a development concept for gas resources of the Chuditch field. #oilandgas #offshore

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Calling all politicians Please read and digest the critical importance of this well written AGM statement (p3-6) from David Latin, Chairman of Serica Energy plc. https://lnkd.in/e9YWBfms #oilandgas #UKCS #politics

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Gas Investment Forum 2024 to Showcase Global Interest in Nigeria's Gas Business & Investment Opportunities, Announces Latest Speaker Lineup With the Gas Investment Forum 2024 just around the corner, anticipation is building as the event unveils an exciting lineup of industry leaders, signaling growing global interest in Nigeria's gas sector. Nigeria and Africa are increasingly seen as premier destinations for gas investment, driven by abundant natural gas reserves and a growing demand for energy security. Nigeria holds the largest natural gas reserves in Africa, with over 200 trillion cubic feet (tcf) of proven gas, positioning it as a key player in the global gas market. With the continent projected to witness a 60% increase in gas demand by 2040, Africa's potential for industrialization and economic growth through gas is immense. The Gas Investment Forum 2024 is poised to highlight these opportunities and foster crucial investments. Joining the esteemed list of speakers are: * H.E. Engr Mohamed Hamel - Secretary General Gas Exporting Countries Forum (GECF). * Akinwole II Omoboriowo - Chairman & CEO Genesis Energy * Sunday Okunbor - Senior Commercial Manager ND Western Limited * Dayo Okusami - Partner TEMPLARS * Ituah Imhanze, LLM, MCIArb(UK) - Managing Partner Kenna Partners * Dr. Ayodele Oni - Partner Bloomfield LP * Dr. Ibilola Amao Ph.D FEI FNSE FIoD FAEng - Principal Consultant Lonadek Inc. * Dr. David Editang,FIMC,CMC - Executive Director (Business Development & Nigerian Content) Dasoniel Energy Services Ltd * Iyunola Adekanye - Partner (Energy and Project Finance) Dentons ACAS-Law * Dr. Wisdom Patrick Enang (FNSE, FNISafetyE, CEng, PMP, REng) - Chief Technical Officer, ZZY Engineering Services LTD * Dr. Kayode Oluwadare, Ph.D. - Commercial Manager ASB Valiant * Josephine Udonsak - Partner (Energy and Project Finance) Dentons ACAS-Law Don’t miss the opportunity to be part of these crucial conversations that will shape the future of Nigeria's gas landscape. Book your delegate pass here > https://lnkd.in/dncjmmqj

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Genesis Energy's Chairman and CEO, Akinwole II Omoboriowo will be speaking at the highly anticipated Gas Investment Forum 2024 where industry leaders from around the globe will explore Nigeria's vast gas potential and investment opportunities. As Nigeria solidifies its role as a major player in the global gas market, this forum is set to drive key discussions on energy security and economic growth. Don't miss his insights and the chance to be part of conversations shaping the future of Nigeria's gas industry. Tune in and secure your delegate pass today!💡 Gas Investment Forum #GasInvestmentForum2024 #NigeriaGasIndustry #NaturalGasOpportunities #SustainableEnergy #EnergySecurity #NigeriaInvestment #FutureOfGas #EnergyLeadership

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Ithaca Energy highlights UK oil and gas growth opportunities UK-focused oil and gas firm Ithaca Energy has seen its shares surge around 10% as investors signalled approval for a growth plan that is expected to support generous payouts to shareholders Read More: https://lnkd.in/geG-sv9X 🔽 Find more info in comments below 🔽 #IthacaEnergy #UKOilandGas #Grwoth #OilandGasNews #OilandGasJobs ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

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The announcement of the Final Investment Decision (FID) on the Bonga North deep-water project marks a major milestone for Nigeria’s oil and gas sector. Shell Nigeria Exploration and Production Company Limited (SNEPCo) and its partners have taken a decisive step to unlock an estimated 300 million barrels of recoverable oil equivalent, with peak production projected at 110,000 barrels of oil per day by the end of the decade. As a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility, this development represents not only a boost to Nigeria’s production capacity but also a renewed confidence in the country’s energy value chain. Our Chairperson, Rosario Osobase, commenting on the development, captures what this means for PCTS and the industry: "The FID on Bonga North by Shell represents a landmark development for Nigeria’s oil and gas sector. For us at PCTS, an association committed to advocating for and fostering sustainable growth in the industry, this decision is a testament to the resilience and potential of the Nigerian energy landscape. The Bonga North project not only promises to boost production capacity but also demonstrates renewed confidence in the Nigerian oil and gas value chain. We are confident it will create significant opportunities for local contractors, deepen local content participation, and contribute to the broader economic development of the country. Having consistently advocated for increased activity in the oil and gas sector to enhance production, stabilize operations, and support economic growth, we see this decision as a clear indicator of the importance of collaboration. It highlights the need for sustained synergy among key stakeholders—government, oil companies, and service contractors—in driving the future of energy in Nigeria. We commend Shell for this bold step and remain optimistic about the positive ripple effects it will generate across the industry." At PCTS, we believe that projects like Bonga North embody the collaborative spirit and innovative drive needed to position Nigeria as a leader in global energy markets. The opportunities this project unlocks—technological advancements, local capacity building, and economic development—are ones we must collectively embrace to ensure sustainable growth. https://bit.ly/4guNVh0  CC: TenarisBristow GroupSLB TechnipFMC Baker Hughes Julius Berger Nigeria PLC Halliburton Nigerstar7 Limited Rosario Osobase Okey Okoli Sanjeev Verma Tayo Akinkunmi Francis Oganya Julius INIKORI (MBA, BEng.), PMP® Sops Felix Ideriah Kingsley Ibekwe Obafemi Joseph PHRi℠ , SHRM-CP Christabel Bomi-Dore Hope Dike Oladapo Oyeleke @Ifeanyichukwu Chime Keside Anosike Rita Ogieguata Nosa Omorodion Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Nigerian Content Development and Monitoring Board PETAN NNPC Limited Nigerian Content Development and Monitoring Board #PCTS #BongaNorth #OilAndGas #Shell

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This week's top stories include third-quarter results from energy majors, including Shell, BP, TotalEnergies, Eni and Equinor. We also have industry reactions to the UK Budget and Galp's forecast that the sale of its Mozambique LNG assets to ADNOC will be complete within the first quarter of next year. Take a closer look at the main stories: https://lnkd.in/exYG83ye

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📄 Quite astonishing findings in this BVG Associates report on the Scottish onshore wind pipeline. 📊 They have estimated that Police Scotland’s capability to support abnormal loads is limited to around 2700 abnormal loads per year. What this means under Scenario 2 (the middle of the three scenarios modelled) you can see in the graph in the comments below. Onshore projects will be limited by abnormal loads from 2025 onwards... that's next year... 🎙 In the report BVG say: "To achieve the timelines required to reach 20 GW or more by 2030 it is clear that a significant increase in the current maximum number of abnormal loads which can be supported by Police Scotland will be required. Discussions between developers, hauliers and Police Scotland should be prioritised in the short term to identify potential mitigation options." 🤞 I hope that discussions with developers, hauliers and Police Scotland get going full steam ahead. We need to keep installing wind energy to meet our national and international targets and mitigate climate change. 💡 By 2029, this is where the Myriad Turbine will be able to step in and deliver utility-scale wind turbines on standard HGVs, mitigating the need for abnormal load consideration completely.

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🚨 ***GRAPHIC UPDATE: How to Spend $500 million ***🚨 In our just released Energy Business Analytics newsletter which examined the Gulf of Guinea Pipeline project, we estimated the pipeline project cost alone at $545 million. A proposed110km pipeline would take gas from offshore fields in Nigeria to the Gas Mega Hub located in Equatorial Guinea where LNG and methanol production has been in decline since at least 2017. You can read the whole article here: https://lnkd.in/g5eMfGxZ #Lng #energyanalytics #dataanalytics

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