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News // Conferences&Exhibitions

The ‘Perfect’ Oil & Gas Licensing System London, 7-8 October

01 July 2015 , 13:04Neftegaz.RU1156

How are Energy and Petroleum Ministries planning to boost oil and gas investments in their countries under the current oil price turmoil? Global Governments are looking for ways to perfect their licensing procedures in order to facilitate investors in their national oil sectors. This means updates in laws, renovation of outdated systems and preparation of petroleum focused procedures.


In order to receive the industry’s feedback and share experience with other Governments, Officials will gather for the second time this year at the 2nd Oil & Gas International Licensing 2015 Summit organised by IRN in London, on 7-8th October.


Licensing Government Officials from the Ministries of Mexico, Turkey, Nigeria, Madagascar, Mozambique, Western Australia, Albania, Somalia, Trinidad and Tobago, Jordan, Ethiopia, Tanzania, Ecuador have already confirmed their participation in a speaking capacity. Ministries from more than 40 countries are expected to take part.


What will be discussed throughout the two-day Summit?

  • Key factors for creating a competitive license round
  • Key aspects IOCs are looking for in a licensing round
  • International evaluation of fiscal regimes and success cases
  • IOC contracts
  • Service contracts
  • Royalties
  • Regulations
  • Block delineation
  • Seismic partners
  • UK’s oil and gas licensing system
  • Case studies of unsuccessful VS successful cases
  • First licensing system
  • Marketing campaign
  • Effect of the oil price
  • Local content policies


Previous Summit senior level attendee delegation included Statoil, BG Group, British Petroleum, Extractive Industries Transparency Initiative – Albania, Ardent Oil, Dentons, Dolphin Geophysical, Government of Western Australia, Gonverment of Ecuador, Inter Continental des Services, ION Geophysical, Jardfeingi, Lyme Bay Consulting, Lynx Information System, Ministry of Energy and Energy Affairs - Trinidad and Tobago,

Ministry of Energy and Industry – Albania, Ministry of Energy and Mineral Development – Uganda, Ministry of Energy and Mineral Resources – Jordan, Ministry of Energy and Natural Resources – Turkey, Ministry of Energy – Mexico, Minister of Mines – Mali, MultiClient Geophysical, Nalcor Energy, National Energy Authority – Iceland, Orca Exploration, Petronas, Proseis, Sasol E&P, Searcher Seismic, The Petroleum Regulatory Agency of Nigeria, Spectrum and Zebra Data Sciences.


More information about the Summit is available on the website: and released bimonthly in the Summit’s newsletter to which someone can subscribe here. The organiser also publishes every day updates on their social media channels; The Oil & Gas Network in LinkedIn and @IRN_OilandGas in Twitter.


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