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Recorded On: 10/13/2022
This webinar's panelists discuss the East African Crude Oil Pipeline (EACOP) that is intended to transport crude oil from oil fields in Uganda to the Port of Tanga in Tanzania.
Elison Karuhanga, Partner, Kampala Associated Advocates
Barbara Daisy Nabuweke, Head, Contracts and Negotiations, Uganda National Oil Company
Ali Ssekatawa, Director, Legal & Corporate Affairs, Petroleum Authority of Uganda
Moderator: Shakwa Nyambe, Founder & MD, SNC Incorporated, Lawyers & Business Advisors
The East African Crude Oil Pipeline (EACOP) is intended to transport crude oil from oil fields in Uganda to the Port of Tanga in Tanzania. The EACOP project is expected to drive energy security, empower local communities and create jobs across the region.
Viewers will leave with a better understanding of:
- How EACOP will allow Uganda to unlock value from its natural resources
- EACOP project value creation to the Tanzanian and Ugandan economies
- Key strategies and policies involved in the development of infrastructure and transfer of technology involved in the Project
Partner, Kampala Associated Advocates
Elison Karuhanga is a Partner at Kampala Associated Advocates, working in the Litigation and Energy law departments. He has and continues to successfully represent several local and international clients in varied sectors including oil and gas companies, telecommunications, construction, banking, as well as public bodies and government agencies.
He holds a Masters of Law (LLM) in Oil and Gas Law, University of Aberdeen, Post Graduate Diploma in Law from the Law Development Centre and a Bachelors Degree in Law from University of Kent
He is a trained Oil and Gas lawyer, a member of the Association of International Petroleum Negotiators (AIPN) and a member of GOXI which is part of the World Bank Institutes Governance for Extractive Industries Program which brings together practitioners from government, private sector, NGO’s and think tanks with the aim of strengthening governance in the extractive industries’ sector. He is also a member of the Uganda Chamber of Mines and Petroleum.
Elison was recently asked by the Oxford Energy Institute to contribute to a paper comparing the legal regime in Uganda governing oil and gas law with the one in Brazil together with the Director of the Institute Dr. Eduardo Guedes Pereira. He was elected by his peers at the University of Aberdeen as the student representative for the LLM (Oil and Gas) Law Class 2010-2011. He was invited by Ugandan Women Lawyers under their umbrella organization (FIDA) to do a presentation on “Oil and Gas Law in Uganda”.
Elison has experience in the Banking sector as well, having worked with a leading bank for over three years. While in the bank’s legal department, he was responsible for the preparation and perfection of legal documentation, the recovery of non-performing assets and provision of legal advice.
He also worked in the Ministry of Justice for over five years as a state attorney and rendered legal advice on diverse subjects to the Government of Uganda. He also handled matters on behalf of the State House of Uganda, Ministry of Defense, The Uganda Peoples’ Defense Forces, the Uganda Police Force, The Ministry of Local Government, The Ministry of Lands, The Registrar of Titles of Uganda, the Ministry of Finance, Parliament of Uganda and the Ministry of Water and Environment to mention but a few.
He has an excellent appreciation of public and regulatory law and extensive litigation experience having appeared before all the courts of record in Uganda as well as the East African Court of Justice. He is an adept litigator and is effective, efficient and expeditious in court.
Barbara Daisy Nabuweke
Head, Contracts and Negotiations, Uganda National Oil Company
Barbara Daisy Nabuweke is an advocate of the high court of Uganda and a member of the Uganda law society, and the East African law society. She holds a Master of Laws degree from the University of Cambridge, UK, a Diploma in Legal Practice from Law Development Centre, Kampala, and a Bachelor of Laws Degree from Makerere University.
She is a commercial, projects and an oil & gas lawyer with experience of over 10+years in both private practice and as an in-house lawyer. She is currently the Head of Contracts and Negotiations at Uganda National Oil Company and was part of the team that negotiated the recently concluded agreements for the oil and gas sector including the Uganda National Oil Company Back-in agreements, East African Crude Oil Pipeline (EACOP) Shareholders Agreement, Host government agreement for the EACOP and participated in pursuing enabling legislation. These efforts led to taking of the Final Investment Decision for the Upstream and Pipeline Project in Uganda.
Previously, Barbara worked with Tullow Uganda Operations Pty Limited as a Legal & Compliance Advisor and with Standard Chartered Bank as the Assistant Company Secretary/ Head Legal and Compliance for the Consumer Banking Division.
She was a Pegasus scholar in 2010 giving her an opportunity to work at different UK barrister law firms and courts. Barbara has also had placements at Denton Wilde Sapte and Clyde & Co LLP.
Outside formal work, Barbara is a wife and mother. She is extremely passionate about sharing knowledge and mentoring the youth.
Director, Legal & Corporate Affairs, Petroleum Authority of Uganda
Ali Ssekatawa is the Director for Legal and Corporate Affairs in the Petroleum Authority of Uganda since 2017, and has over 11 years’ experience, specializing in tax and oil and gas law. He previously served Uganda Revenue Authority as Head of the Litigation portfolio and a public tax prosecutor. He litigated and won groundbreaking cases in Uganda and other International Tribunals.
Mr. Ssekatawa is an advocate of the High Court of Uganda. He holds an MBA from the Eastern and Southern African Management Institute (ESAMI), an LLM in Oil and Gas Law & Policy from the University of Dundee, and an LLB (Hons) from Makerere University. He was part of the Uganda negotiation team that negotiated the Intergovernmental Agreements (treaty), Host Government Agreement, Tariff and Transportation Agreement, and other Commercial Agreements for the EACOP. He also advised on the EACOP (Special Provisions) Act 2021.
Founder and Managing Partner, SNC Incorporated
Shakwa Nyambe is the Founder and Managing Partner of the law firm SNC Incorporated, with offices in Windhoek, Namibia. He is a specialised Energy, Natural Resources and Commercial Lawyer. He is also specialised in drafting, reviewing and negotiations of contracts. He has advised International Corporations, State Owned Enterprises, Governments and individuals in Energy, Natural Resources, Commercial and Dispute Resolution matters. He has provided legal and business advisory services to foreign investors in various matters ranging from mergers and acquisitions, commercial transactions, corporate governance and project financing. His clients include some of the oil and gas companies, renewable energy companies, mining companies, construction and infrastructure companies, State Owned Enterprises, Governments, and corporate entities.
Nyambe previously worked as a Legal Counsel at the National Petroleum Corporation of Namibia, as a Chief Legal Officer at the Ministry of Justice, Namibia and as a State Advocate at the High Court of Namibia. He is the current Director for the Association of International Petroleum Negotiators (AIPN)’s African Chapter. He serves on the drafting committees for the AIPN JOA Committee, LNG, SPA Committee, Asset Sale and Purchase Agreement Committee and the Drilling Contract Committee. He also serves as a Board of Director at Debmarine Namibia and NAMDEB Holdings (50-50 joint venture diamond mining between the Government of Namibia and De Beers).
Nyambe holds a Baccalaureus Juris degree and a Bachelor of Laws degree, both from the University of Namibia. In addition, he also holds a postgraduate degree of Master of Laws in Oil & Gas Law with Professional Skills (LLM) from the University of Aberdeen in the United Kingdom and a Postgraduate Diploma in Drafting and Interpretation of Contracts from the University of Johannesburg. He is an admitted legal practitioner of the High Court and Supreme Court of Namibia.
Recorded On: 09/15/2022
This webinar will discuss the efforts of the oil and gas industry to deliver model clauses and standard contractual provisions it can rely on to implement its operational GHG emissions reductions and decarbonization goals.
Matt Gingell, General Counsel, Oxygen House; Chair, The Chancery Lane Project
Yuliya Marcer, Senior Counsel, BP; former VP Model Contracts, AIEN
Kenyon Weaver, Senior Counsel, Energy Transition, U.S. Department of Commerce
Moderator: Andrea Forabosco, Shell International BV; Energy Transition Officer, IBA Oil and Gas Committee
This webinar will discuss the efforts of the oil and gas industry to deliver model clauses and standard contractual provisions it can rely on to implement its operational GHG emissions reductions and decarbonization goals. These efforts aim to enable an energy transition of the sector that is timely, just, sustainable and efficient.
The webinar will highlight ongoing initiatives in this area and particularly the Chancery Lane Project and the recently launched joint project between the Association of International Energy Negotiators and the International Bar Association’s Oil and Gas Law Committee to develop Energy Transition Model Clauses.
General Counsel, Oxygen House; Chair, The Chancery Lane Project
Matt Gingell is the General Counsel of Oxygen House Group and the founder of the Chancery Lane Project. Matthew has been instrumental in establishing a new doctrine of Climate Aligned Contracting: ground level commercial contracts creating global environmental outcomes. He is widely recognised as an innovator who is helping shape the legal profession as a force for good. A lawyer, but not as you know it.
Senior Counsel, BP; former VP Model Contracts, AIEN
Yuliya Marcer is Senior Counsel with BP plc in Houston providing legal support to BP’s global Integrated Gas & Power business and Global Projects Organisation in connection with developing LNG to power projects and major upstream projects worldwide, including LNG and deepwater projects in Angola, Australia, Indonesia and other countries. Before coming to BP, Yuliya provided legal support to the Eastern Hemisphere operations of Nabors Drilling, the world’s largest onshore drilling company, exploration and new ventures at Apache Corporation, and practiced in the area of international business transactions at Vinson & Elkins LLP. She received her J.D. magna cum laude from the University of Houston Law Center and her undergraduate degree from Moscow State Linguistic University. Yuliya is the AIPN U.S. Regional Director and Past Chair of the International Law Section of the State Bar of Texas.
Senior Counsel, Energy Transition, U.S. Department of Commerce
Kenyon S. Weaver is a Senior Counsel with the Commercial Law Development Program (CLDP) in the Office of the General Counsel of the U.S. Department of Commerce, where he works on CLDP’s energy initiatives.
Prior to joining CLDP, Mr. Weaver was an attorney in the Almaty, Kazakhstan, and Washington, D.C. offices of the law firm of Dentons, where he worked on cross-border transactions in energy and natural resources, economic sanctions, and trade and corporate issues.
Mr. Weaver received his J.D. in 2008 from Georgetown University Law Center, where he studied for a semester at Tsinghua University, in Beijing, China. He holds a B.A. in Social Studies from Harvard University. Prior to law school, Mr. Weaver served for two years as a Peace Corps Volunteer in Turkmenistan.
Shell International BV; Energy Transition Officer, IBA Oil and Gas Committee
Andrea Forabosco is a construction lawyer and ESG/ethics and compliance professional with over 20 years’ expertise supporting large organizations and energy projects in European and Middle East regions, with strong focus on GHG management, climate change and energy transition, industry-wide sustainability and supply chain development. Andrea has worked and travelled widely throughout Europe, North Africa and the Arabian Gulf, developing a passion for the Mediterranean Sea as a crossroad of cultures and people and a desire to contribute to the preservation of its rich social / eco-systems.
The Winds of Change: How Climate Change Litigation is Raising the Temperature for Industry Participants and their Officers
This presentation explores the current trends in strategic climate litigation, by reference to recent and current cases in Australia and internationally.
Organized by the Australia Pacific Chapter
Mark van Brakel, Partner, Allen & Overy
Goran Galic, Partner, Allen & Overy
Karina Travaglione, Senior Associate, Allen & Overy
Marina Georgiou, Barrister, Francis Burt Chambers
Nearly all industry participants now face pressure to embrace sustainable methods of operating, in light of increased focus on climate change risks. Many, rightly, are focused on driving that change internally. However, external standards of conduct, in the form of community and industry expectations, regulations, laws and rulings are changing rapidly, and are in many instances, uncertain.
In this complex and evolving context, there has been a significant rise in climate litigation, which can bring enormous reputational and financial risk as corporate players are being singled out in an ongoing series of test cases. The energy sector continues to be a target of this litigation in increasingly novel ways.
Australia has been a global hotspot for climate litigation since its inception. However, cases have historically been brought in a fragmented, piecemeal way, designed to disrupt or delay individual projects.
That is changing rapidly. As the public focus has shifted, litigants have grown more sophisticated and strategic. They now see litigation as an efficient way to establish a set of overarching obligations that require all industry participants to research, consider, report on, and respond to climate-related risks. And they achieve this by making an example of one or two participants.
Our presentation explores the current trends in strategic climate litigation, by reference to recent and current cases in Australia and internationally. It will also chart our expectations for the coming years: what litigation will be brought, who it will be brought by and against, and what remedies will be sought. In this regard, we will explore the reality that directors and senior managers of companies potentially face significant personal liability arising from such litigation, and that they will need to rely upon fully informed advisors to implement plans to minimize those risks. We will provide some guidance as to the practices that companies and their officers need to adopt now to protect their companies and themselves from these risks.
Mark van Brakel
Partner, Allen & Overy
Mark van Brakel is the managing partner of the Asia-Pacific and Australian litigation practice and has extensive experience in complex and strategically significant litigation, international arbitration and contentious regulatory work. He has acted for leading corporations in the energy and resources sector in Australia on matters ranging from major engineering and project disputes, joint venture disputes and arbitrations, through to responding to regulatory investigations and associated civil penalty proceedings. He also acts regularly in director and shareholder disputes.
Partner, Allen & Overy
Goran Galic is an energy, resources and projects specialist. He has a focus on clean energy transition and decarbonisation. He leads on amongst the first hydrogen and CCS project development proposals in Australia and is closely involved with our energy and mining clients’ carbon offsetting and climate risk and reporting strategies. He also advises across all aspects of the ‘pit to port’ spectrum within the energy, mining and petroleum sectors including on project acquisition, joint venturing, project development and infrastructure construction, operations and services arrangements and off-take. Goran has been involved with some of Australia’s largest mining, LNG and renewable energy projects and brings significant experience in resources projects globally including in relation to environmental and social governance.
Senior Associate, Allen & Overy
Karina Travaglione is a senior associate in the Allen & Overy litigation team. Karina has represented clients in a broad range of complex litigation and multinational arbitration proceedings, with a particular emphasis on matters in the energy and resources sector. Her experience includes acting on disputes arising from the development and operation of major mining and LNG projects, including joint venture disputes, judicial and merits review proceedings, and misleading or deceptive conduct claims.
Marina Georgiou, Barrister
Barrister, Francis Burt Chambers
Marina Georgiou has been a barrister at Francis Burt Chambers since 2017 and before that was a solicitor at the State Solicitor’s Office. Marina practices in commercial litigation and has a strong background in administrative, constitutional, environment and planning, and native title law.
Marina regularly acts for private and government clients, including for proponents in environment matters. Marina has recently acted as junior counsel in challenges to environment approvals relating to the Burrup Hub. She is the current Chair of the WA branch of the Australian Institute for Administrative Law.
Recorded On: 08/19/2022
This webinar examines the O&G sector of Venezuela, its players, main projects, challenges and opportunities in the current international context and the latest legal news.
Organized by the LARC Chapter
Arnoldo Troconis, Partner, D’Empaire, Venezuela
Gabriela Rachadell de Delgado, Partner, Head of Energy, Interjuris
Luis Pacheco, Non Resident Fellow, Baker Institute Center for Energy Studies
Julian Cardenas, Research Professor of Law, University of Houston Law Center
Victor Vazquez, Venezuelan American Petroleum Association, Co-Founder, VE Energy Future and Palogrande Casa de Bolsa
Lino Carrillo, Venezuelan American Petroleum Association, Co- Founder, VE Energy Future
Tyrone Perdomo, President, Venezuelan American Petroleum Association, President, Syn Oil-Chem LLC
Carlos E. Sanchez, Venezuelan American Petroleum Association, Independent Oil & Gas Consultant
Arnaldo Rodriuez, Government Relations & Corporate Communications Associate, Quanta LLC
Moderator: Marianna Boza, Head O&G and Mining Practice, Brigard Urrutia
Venezuelan oil comprises 95% of the countries exports and 25% of its gross domestic product. Organized by the Latin America and Caribbean Chapter, this webinar will examine the O&G sector of Venezuela, its players, main projects, challenges and opportunities in the current international context and the latest legal news. Join our panelists to discuss the Venezuelan O&G business framework, the possibility of foreign investment, and the role that Venezuelan O&G could potentially play in the global supply network.
Topics to be discussed include:
- How are O&G activities carried out in Venezuela?
- How can private parties participate in the O&G business?
- What are the recent changes in the legal framework?
- Current situation on production and reserves. Current players and projects
- How OFAC sanctions impact O&B business in Venezuela
- Is Venezuela the next energy hub of the Americas?
Co-founder, Venezuelan American Petroleum Association
Victor Vazquez has over 30 years of strategy consulting to leading corporations in capital intensive industries: Oil and Gas, Electric Power (fossil fuels and renewables), Steel, and Aluminum. Founded Palogrande Casa de Bolsa in 2007; currently board member. Worked with Strategic Decisions Group -SDG (Palo Alto, CA, USA) and Arthur D. Little -ADL (Acorn Park, MA, USA). Cofounded the professional groups VE Energy Future and Guayana’s Future.
Victor holds a BSc in Mechanical Engineering, an MBA, and the Advanced Decision Analysis Diploma (by Stanford University’s Professor Ron Howard). He is a frequent speaker in professional conferences and serves on several advisory boards. Member of VAPA and SDP.
Co- Founder, Venezuelan American Petroleum Association
Lino Carrillo has over 40 years of professional and executive experience in the oil industry in Venezuela and Canada, with emphasis in the downstream divisions, corporate planning, capital project execution and new business development. Cofounded the professional group of VE Energy Future.
Lino holds a BSc and MSc in chemical engineering from the University of Oklahoma. Member of VAPA and invited professor at IESA in the oil and gas and petrochemical management diplomas. Member of VAPA
President, Venezuelan American Petroleum Association; President, Syn Oil-Chem LLC
Tyrone Perdomo has over 40 years of experience in downstream sector of the Oil and Gas industry. This includes an active participation in areas of Supply and Trading. He was responsible for PDVSA Heavy and extra Heavy crude sales in the United States and Europe. Sales of products in the United States, Caribbean, Central and South America.
Tyrone holds a BSc in Chemical Engineer, Universidad Central de Venezuela; a MSc in Petrochemical Processes Universidad Central de Venezuela; a MSc in Advanced Chemical Engineering from the University of Manchester, Manchester, England. Mr. Perdomo is the President of Syn Oil-Chem LLC, a Consulting Company registered in Texas in 2003 and President of VAPA.
Carlos E. Sanchez
Venezuelan American Petroleum Association; Independent Oil & Gas Consultant
Carlos E. Sanchez has over 50 years of diversified experience in Hydrocarbon Exploration in North and South America, E & P business development and small energy companies’ startups. Since 2016 became an Independent Oil & Gas Consultant and has provide his expertise to local consultant firms and South American oil companies. During 31 years of his career was part of the Venezuelan Oil Industry, where his professional growth went from technical to management and high executive positions.
Carlos holds a BSc in Geological Engineering from University of Oklahoma and during his professional development has attend technical and executive training in highly qualified Universities and Institutes in USA, Europe and South America. Cofounder of VAPA and presently he is a member their Advisory Council.
Head O&G and Mining Practice, Brigard Urrutia
Marianna Boza is a transnational attorney authorized to practice in Venezuela and Colombia. She is a Director at Brigard Urrutia and is Head of Mining and O&G. In her capacity, Marianna advises clients around the world on the operations and corporate transactions of upstream, midstream, or downstream energy companies. She has substantial experience advising companies in the oil & gas and petrochemical sectors. She has been involved in major upstream, midstream, and downstream projects in Latin America, advising in the negotiation and drafting of the relevant contracts. Marianna has advised clients in the negotiation, creation, and financing of joint ventures for the development of hydrocarbons and petrochemical activities and the processing of gas in Venezuela and Colombia.
Marianna was the senior legal counsel at Shell Venezuela, actively participating in the downstream business to produce oil by-products. Additionally, she was an in-house attorney in secondment for the legal department of Repsol and ChevronTexaco in Venezuela, where she provided business-focused advice and gained on-site experience.
Marianna actively participates in several binational chambers of commerce and associations of industry and trade; she is currently the vice president of the Board of Directors of the Colombian-Canadian Chamber of Commerce and the director of the Extractive Committee of the Colombian-Canadian Chamber of Commerce. Marianna is also a member of the Latin America Regional Executive Committee Association of International Petroleum Negotiators (AIPN).
Recorded On: 06/06/2022
On this webinar we take a look at key legal and commercial aspects of UK oil and gas sanctions on Russia.
Organized by the Europe Chapter
Lisa Kinroy, Associate, Brodies LLP
Moderator: Uisdean Vass, Managing Director, VassPetro Limited
In the wake of the Covid-19 pandemic, the Russian invasion of Ukraine is devastating that country and causing further seismic shifts in the pattern of world power and world trade. Energy, and especially oil and gas, is at the heart of events. The UK has been a leader in imposing sanctions of various kinds on Russia. In this webinar we take a look at key legal and commercial aspects of UK oil and gas sanctions on Russia.
Associate, Brodies LLP
Lisa Kinroy specializes in corporate crime and investigations, and she represents corporates, public sector bodies and individuals across a range of sectors on compliance, investigations and prosecutions. Lisa's experience includes financial crime, including bribery & corruption, money laundering, tax offences and fraud. She has significant experience assisting with internal corporate investigations, including complex cross border cases. Lisa regularly appears in the Sheriff Court and with counsel in the Supreme Courts, both in civil and criminal actions. In particular, she has experience representing clients in Fatal Accident Inquiries and in defending clients in corporate prosecutions. She regularly provides training to clients on corporate compliance.
Managing Director, VassPetro Limited
Uisdean Vass is the Scottish co-ordinator for the AIPN and Managing Director at VassPetro Limited, Aberdeen. Uisdean is a prolific author and commentator on MER and has extensive experience in comparative petroleum regimes including the USA, Venezuela, Brazil, Argentina, Offshore Canada and many others. He is qualified to practice in Scotland and Louisiana.
Recorded On: 05/19/2022
On this webinar our expert panelists discuss the competition between countries for oil & gas capital and the company investment decision-making factors, like scale of resource, bonuses, work programs, local content requirements and carbon emissions.
Organized by the Latin America and Caribbean Chapter
Steve P. Otillar, Partner, White & Case LLP
Ruaraidh Montgomery, Global Head of Research, Welligence Energy Analytics
Co-moderator: Willem Bloem, Country Manager, APA Suriname
Co-moderator: Marny Daal, President & CEO, Fossil Energy Consultancy Suriname NV
As the energy transition gains momentum, the competition between countries for oil & gas capital is increasing. Regions like the Guyana Basin with world-class resource are at an advantage, but governments must carefully consider the terms they are offering. Multiple factors impact company decision-making on where to invest, like scale of resource, bonuses, work programs and local content requirements. Carbon emissions are also increasingly important, and something that can be leveraged to attract investment – the emissions profile associated with new projects in top-class basins aligns well with many corporate strategies. In this webinar our expert panelists discuss these factors and more.
Steve P. Otillar
Partner, White & Case LLP
Acclaimed by respected professional directories as a leading figure in the energy field, Steven Otillar is a valued counsel to clients seeking to develop, finance, and execute acquisitions and divestitures of US domestic and emerging markets oil & gas transactions, both onshore and offshore.
Steven's reputation is based on a track record of more than 20 years, handling high-profile projects and transactions in territories across much of the globe under both Texas and English law. In the United States, his work includes asset-based acquisitions, divestures and joint ventures for private equity-backed and publicly traded E&P companies and oil field services companies. Internationally, he has helped IOCs and NOCs develop upstream, midstream and downstream projects in Africa, Asia and Latin America.
Steven is a past President of the Association of International Petroleum Negotiators (AIPN) and on the Executive Committee for the Institute for Energy Law (IEL) in the Center for American and International Law.
Global Head of Research, Welligence Energy Analytics
Ruaraidh Montgomery joined Welligence Energy Analytics in 2018, where he oversees all global upstream research. Prior to Welligence, he spent 13 years at Wood Mackenzie, covering Latin America’s upstream and corporate sectors, as well as the US Gulf of Mexico. He also worked for Hess in its UK North Sea business unit, gaining experience in well and facilities engineering.
Ruaraidh holds a Masters in Chemical Engineering from the University of Edinburgh, Scotland.
Recorded On: 03/11/2022
This presentation offers a panel discussion Ecopetrol's initiatives to become a net-zero carbon emissions company by 2050.
Organized by the Latin America and Caribbean Chapter
Juan Carlos Fonnegra, Crude Oil Manager, Ecopetrol
Santiago Martinez Ochoa, Head of Sustainability and Decarbonization, Ecopetrol
Moderator: Claudia Hooker, Ecopetrol
Moderator: Marianna Boza, Director, Brigard Urrutia
In 2015, the United Nations Framework Convention on Climate Change (UNFCCC) adopted the Paris Agreement by means of which 197 countries agreed to gradually reduce the use of fossil fuels and CO2 emissions to reach net carbon neutrality by 2050. Ecopetrol has put in places several decarbonization Initiatives, including the first crude oil export aiming to reduce its carbon footprint.
On this webinar our panelists discuss Ecopetrol's initiatives to become a net-zero carbon emissions company by 2050.
Juan Carlos Fonnegra
Crude Oil Manager, Ecopetrol
Juan Carlos Fonnegra is an experienced professional of 17 years, including 10 years of commercial experience in the Americas and European energy value chains, with a strong focus in trading and commercial development in the upstream and downstream sectors including refining, logistics and supply across crude oil and refined products. Skilled negotiator with proven ability to close complex multi-party transactions such as JV’s or long-term contracts underpinned by assets owned by third parties. Deep expertise in project management leading cross-functional teams to deliver complex strategic projects, with multiple stakeholders, across organizational boundaries internally and externally. Excellent strategic, business planning and financial analysis skills. Proven leadership skills, with strong record of financial delivery and commercial optimization.
Santiago Martínez Ochoa
Santiago Martinez Ochoa, Head of Sustainability and Decarbonization, Ecopetrol
Santiago Martínez Ochoa is an experienced negotiator and project manager with a demonstrated history of working in complex international settings. Skilled in Team Management, Project Development & Management, Sustainabiliy Strategy and ESG Reporting. Strong legal skills and background on environmental and climate change related topics, with a Master of Business Administration (M.B.A) from ESMT Berlin and an LLM from the University of Pennsylvania.
Recorded On: 03/11/2022
This presentation offers a panel discussion of regulatory challenges and will provide some insight as to the future of foreign investment in the energy sector of Mexico.
Organized by the US Chapter
George Baker, Managing Principal, Baker & Associates, Energy Consultants
Jose Maria Lujambio, Energy Practice Director, Cacheaux, Cavazos & Newton, L.L.P.
Diana Maria Pineda Esteban, Partner, Gonzalez Calvillo
Moderator: Maria Serna, Energy Consultant
Eight years ago, under the government of Enrique Pena Nieto, Mexico amended its constitution to allow foreign participation in the energy sector. These amendments were followed by a number of implementing laws passed in 2014 which clarified and outlined the limits to foreign investment in the upstream, midstream, and downstream sectors of the hydrocarbon and power industry.
Energy companies responded favorably to these energy reforms, and new investments were made in oil and gas exploration, power generation, and power transmission. Hundreds of new and more efficient power plants were constructed, lowering power costs and incentivizing new investments in manufacturing in Mexico. On the oil and gas front, new offshore discoveries were made by Talos Energy, ENI, and Repsol, with more exploration wells planned over the next three years.
In 2018 the Nieto government was replaced by the government of Andres Manuel Lopez Obrador of the Morena Party, who began to roll back the energy reforms promulgated by the previous administration. In April 2021, Congress approved changes to the energy law, allowing regulators the revoke permits for businesses deemed to present “imminent danger to the national security or the national economy”, while the lower house of Congress will vote by May of this year to consider restoring monopoly status to the CFE, the state-owned electric utility. In September 2021 Talos Energy and its two consortium partners received notice from SENER, the energy ministry, that Talos’ deep water Zama discovery in the Gulf of Mexico would be operated by Pemex. The Talos consortium invested an excess of $350MM on the Zama prospect, now deemed a commercial discovery.
These events prompt a number of questions for investors:
- Despite the optics of these impending changes, do investors anticipate significant impact on the commercial viability of their investments?
- Are investors seeing regulatory expropriation or only unusual delays?
- Are there non-legal remedies that operators could deploy to mitigate any potential negative impacts on operations, i.e., investments in social programs deemed to be important to regulators?
- Are there systemic cultural, institutional, and economic barriers that will limit legislators in Mexico from allowing foreign investment in the energy sector?
- Are there legal remedies available to investors, should these changes result in significant changes to investment returns? If so, what is the anticipated time frame (and cost) for resolution?
- Is recourse to the investor-protection mechanisms of USMCA worthwhile?
- What is the likelihood that the energy reforms will be reinstated? What is the prognosis for the Obrador government?
Our panel discussion will focus on these and other questions and will provide some insight as to the future of foreign investment in the energy sector of Mexico.
Managing Principal, Baker & Associates, Energy Consultants
George Baker is the publisher in Houston of Mexico Energy Intelligence™, an industry newsletter in Houston since 1996 with a focus on upstream issues. Two essays on Pemex mature fields awards were published in the Mexican Law Review. In 2018, he was one of two guests from Houston to attend the inauguration of President López Obrador. At the 2019 OTC, he was the organizer and moderator of the Mexico panel on midstream issues. The Houston Chronicle and Dallas Morning News published his commentaries on Talos Energy and the Deer Park refinery sale to Pemex. In addition, he was the webinar leader on the topic of the Deer Park refinery sale sponsored by the Clúster Metropolitano de Energía in Mexico City. www.energia.com/about/george-baker. @Energia_com.
José María Lujambio
Energy Practice Director, Cacheaux, Cavazos & Newton, L.L.P.
José María Lujambio is a CCN partner and Energy Practice Director. Based in Austin, Texas, Lujambio joined the firm in 2014. His work for clients, which are mainly U.S. companies doing business in Mexico, has included regulatory and permitting advice, as well as negotiation of several kinds of energy services and procurement contracts for oil product and natural gas midstream and downstream projects; utility-scale and onsite power plant projects deploying wind, solar, and cogeneration technologies; qualified suppliers and traders enabled to participate in the wholesale electricity market, as well as numerous end users, particularly from the manufacturing industry. Previously, he worked for many years in the Mexican government. From 2009 to 2012, he served as General Legal Counsel at the Mexican Energy Regulatory Commission, where he led the regulatory implementation of Mexico’s 2008 energy reform, in the gas and renewable energy sectors. From 2005 to 2009, he worked as an attorney at the Legal Counsel’s Office of Mexico’s President, focusing on legislation and presidential rules, as well as federal constitutional matters. In the academic field, in 2014 Lujambio obtained a Master of Laws (LL.M.) degree, with energy concentration, from the University of Texas at Austin. In 2013, he coordinated the energy research and networking agenda of the Center of Research for Development (CIDAC, now Mexico Evalúa) under a program supported with US-AID funds. Previously, in 2003 Lujambio obtained a Master of Fundamental Rights degree from the University Carlos III of Madrid, Spain, a year after his law graduation from the Autonomous Technological Institute of Mexico (ITAM) in Mexico City. Lujambio has been a featured speaker, panelist and moderator at dozens of business and academic conferences. He has authored numerous published articles and essays on the topics of energy regulation and constitutional law. He serves as Secretary of the Board of the Mexican solar association (ASOLMEX), and Co-Chair of Primerus IPC Oil, Gas & Energy Practice Group. Lujamsio is also a member of the Gulf Coast Power Association and the Mexican Bar Association.
Diana Maria Pineda Esteban
Partner, Gonzalez Calvillo
Diana Maria Pineda Esteban has solid experience in energy matters, oil & gas projects, litigation, and dispute resolution.
Over the past years she has focused her legal practice in the development of energy in Mexico; participation in public international bidding rounds for exploration and extraction of hydrocarbons, among other kinds of tenders; advice regarding complex regulatory matters; development and participation in open season tender processes in midstream; negotiation of supply agreements, take-or-pay contracts, logistics services agreements; advice to several marketing companies of all energy commodities; and participate in the defense of the clients’ interests before administrative courts of law.
In 2020, she was elected member of the firm’s Talent Committee, and President of Fundación Gonzalez Calvillo.
Prior to joining the firm, Diana was General Counsel at Silver Fuels, Inc. and Silver Fuels, LLC, a trading firm based in Houston and Mexico City.
Also, her experience includes working as Legal Researcher at the Columbia Center on Sustainable Investment, focused on sustainable foreign investment, in New York, United States.
Before focusing her practice on energy, oil & gas, Diana spent over five years in litigation and dispute resolution arising out of trade, administrative, and constitutional matters.
María Serna advises on the design of the regulatory compliance strategies where she oversees that each of our suggestions is both legally viable and enforceable as well as representing the minimum government relationships wear. She has experience in advocating before high-level public servants of the energy regulators in favour of our clients often integrating diverse stakeholders’ points of view.
María Serna has a broad experience in transactional and regulatory energy matters, from the private and public sector. She has advised international energy companies in their compliance and advocacy affairs before energy regulators. María served as director of the National Hydrocarbons Commission's bidding department for the award of exploration and extraction contracts during the first three calls of Round 1, as well as serving as a legal counsel for the Legal Affairs of ASEA, participating in the drafting of regulation. Her experience in the private sector includes being an associate in top-tier energy and finance law firms. Abroad, María advised an international energy company for their Africa and Latin America policy and public affairs. María Serna holds a Masters' degree in Energy, Environment and Natural Resources Law, from the University of Houston; and a Bachelor of Laws from Escuela Libre de Derecho.
Recorded On: 03/04/2022
This presentation offers an introduction of the Tomakomai Carbon Dioxide Capture and Storage Demonstration Project and discusses what liabilities apply to the CO2 geological storage in Japan.
Organized by the Japan Sub-Chapter
Jiro Tanaka, Associate General Manager, International Affairs Dept., Japan CCS Co., Ltd.
Hiroyasu Konno, Attorney-at-Law, Partner, Nishimura & Asahi
Moderator: Koichi Shimomura, Audit & Supervisory Board Member, Japan Petroleum Exploration Co., Ltd.
This presentation offers an introduction of the Tomakomai Carbon Dioxide Capture and Storage Demonstration Project that in 2019 achieved its initial target of 300,000 tons cumulative injection. The speakers will also discuss what liabilities apply to the CO2 geological storage in Japan.
Associate General Manager, International Affairs Dept., Japan CCS Co., Ltd.
Jiro Tanaka has over 35 years’ experience in the oil and gas industry. Mr. Tanaka joined the International Affairs Dept. of Japan CCS in June 2016, which was newly established to engage in international activities such as information sharing and collaboration.
Prior to this, he was General Manager - Business Development in the Asia-Oceania and International Oil & Gas Divisions of Japan Petroleum Exploration Co. Ltd. (JAPEX), a leading Japanese oil & gas exploration and production company. Mr. Tanaka joined JAPEX in April 1980 after receiving a B.S. degree in geophysics from the University of Tokyo.
Attorney-at-Law, Partner, Nishimura & Asahi
Hiroyasu Konno is a partner of Nishimura & Asahi, the biggest law frim in Japan. He is currently a member of a committee to consider a long-term CCS roadmap for Japan, organized by METI and RITE. He is also a member of a committee to consider “the New LNG Strategic Plan of Japan,” organized by METI and IEEJ. Hiroyasu graduated from Waseda University in 1997 and was admitted in Japan in 1999.
Recorded On: 02/24/2022
This presentation discusses the implementation of AI and machine learning to new energy applications
Organized by the Canada Chapter
Mark Le Dain, SVP, Strategy & Corporate Development, Validere
Brendan Bennett, Machine Learning Lead, Mancal Energy Inc.
Mike Henry, Energy & Business Law Associate, Burnet, Duckworth & Palmer LLP
Digital innovation in commercial spheres has largely been a story of improving efficiency and reliability while reducing costs. In the energy sector, these innovations have been a result of oil and gas companies doing what they do best: relying on talented engineers to improve on existing solutions. Improvements have quickly spread across the industry, bringing down costs and making processes more efficient.
Advanced computing technologies including artificial intelligence and machine learning have the potential to bring dramatic improvements in efficiency, and decreases in cost to the Canadian energy industry. Our speakers discuss their experiences employing AI and machine learning to new energy applications, from improving efficiencies in exploration and production, to reducing waste across the energy supply chain. We then look forward to predict the larger scale impact these technologies may have on the industry as a whole.
Mark Le Dain
SVP, Strategy & Corporate Development, Validere
Mark Le Dain is SVP, Strategy & Corporate Development at Validere. He leads Validere’s strategic positioning and partnerships and has led the company in this role from several employees to over one hundred currently. Mark has previous experience advising energy and infrastructure companies as an investment banker with Barclays, successfully completing over $18 billion of M&A transactions and $5 billion of capital markets transactions. Mark has been quoted on tech and energy trends in the New York Times, Business Insider and Reuters and is a regular contributor on energy and markets to both Forbes and Rigzone. He speaks regularly on energy and tech, providing one of the keynotes at the Clean Air Conference this past year. He is also a published fiction author. On the weekends, he enjoys yoga and spending time with his wife and son.
Machine Learning Lead, Mancal Energy Inc.
Brendan Bennett is a machine learning (ML) researcher on sabbatical from academia. His main areas of expertise are reinforcement learning and neural networks, topics on which he has published a handful of papers and many more unpublished blog posts. Asides from familiarity with theory, he has expertise in developing ML systems from scratch to final product.
Brendan is currently working in the private sector, solving the dual problems of creating useful ML models and making them work in a business context. On the weekends, he builds things (and not just robots), and has recently taken an interest in writing about himself in the third person.
Energy & Business Law Associate, Burnet, Duckworth & Palmer LLP
Mike Henry is an Associate in the Energy Group at Burnet, Duckworth & Palmer LLP. He advises clients on a range of commercial matters in the oil & gas and renewable energy sectors including asset and share acquisitions and dispositions, corporate reorganizations, corporate and asset due diligence, and negotiating and drafting commercial agreements. Mike holds an Honours in Business Administration degree from the Richard Ivey School of Business at Western University, and a Juris Doctor from the University of Calgary.