iraq petroleum

The Senior Strategic Meeting Place for the Iraqi Oil & Gas Industry

Oil & Gas Companies in Iraq & the Best Models of Cooperation

18-20 June 2012 | Intercontinental Hotel, Park Lane, London, UK

Principal IOC Principal Service

Sponsors

www.cwciraqpetroleum.comwww.cwciraqpetroleum.com

www.cwciraqpetroleum.com

Why You Can’t Miss Iraq Petroleum 2012

ü Meet face to face with senior industry executives, government officials and corporate investors

ü Benefit from the extensive experiences of international oil companies and gain exclusive insights from key decision makers

ü Explore new business opportunities and maximise your company’s potential in building an effective business strategy

ü Discover the major opportunities and challenges facing the country in building the blocks of an energy giant

ü Gain updates on the projects underway in the South of Iraq and the Kurdistan Region

ü Understand the strategies and policies shaping the Iraqi oil and gas industry

ü Gain an insight into the mechanism of creating a favourable investment environment

Following on the success of previous years, Iraq Petroleum 2012 will bring together over 300 Iraqi and international senior level executives, from over 30 countries and 19 different industries within the oil and gas industry. This year, supported by major industry players and key Iraqi government experts, the Conference will focus on the new joint venture partnerships in Iraq’s oil and gas industry, the best model of cooperation with international companies, the potential for gas resources and the monetisation of gas.

A Unique Platform for Exploring New Oil & Gas Business Opportunities in Iraq

Delegate Participation by Region

Delegate Participation by Job Title

To Register Your Interest Call Phillip Clarke on +44 20 7978 0056 or Email at [email protected]

H.E. Dr Ali Al DabaghMinister of State,

Iraqi Government SpokesmanIraqi Government

H.E. Rowsch N. ShawaysDeputy Prime Minister of Iraq

Iraqi Government

H.E. Dr Selahattin CimenDeputy Energy Minister

Turkey

H.E. Thamir GhadhbanChairman of the Advisory

Commission to the PM of IraqIraqi Government

The Right Honourable Lord Howell of Guildford

Minister of StateForeign & Commonwealth

Office, UK

H.E. Dr Adnan JanabiChairman of the

Oil & Gas CommitteeIraqi Parliament

H.E. Dr BayazeedHassan Abdullah

MP, Oil & Gas CommitteeIraqi Parliament

H.E. Michael AronHer Majesty’s

Ambassador to IraqBritish Embassy in Iraq

Sir Jeremy GreenstockFormer UK Ambassadorto the UN & Chairman

Lambert Energy Advisory

Dr Mowaffak al Rubaie Adviser in National

Security, Former Advisorfor National Security

Iraqi Government

Tony HaywardCEO

Genel Energy

Nadhim ZahawiMP

UK Parliament

Dr Alirio ParraSenior AssociateCWC Group Ltd

Prof Dr Friedbert PflügerDirector European Centre for Energy & Resource Security

(EUCERS)King’s College London

J. Jay Park, Q.CPartner & Chair of Global Resources Practice Group

Norton Rose

David MorrisonChairman

Wood Mackenzie

Dr Carole NakhleSpecialist Advisor

in the House of LordsSurrey Energy Economics Centre

Asri MousaIndependent Expert, Oil & Gas,

Iraq

Jabbar AllibiFormer DG of the South Oil

Company & Chairman of the Board of Directors, the Minister’s Former

Advisor for the South Oil Fields Iraqi Ministry of Oil

Where Senior Iraqi Officials meet their International Counterparts

Distinguished Key Speakers


The launch of Iraq Petroleum in 2007 provided the first and only opportunity for potential investors to meet senior Iraqi government officials. The event took place in Dubai opened by H.E. Dr Hussain Al‐Shahristani, the Minister of Oil, Iraq.

As an established event, Iraq Petroleum 2010 saw massive growth in the participation of delegates and speakers, including the participation of H.E. Dr Ashti Howrami, Minister of Natural Resources, from the Kurdistan Regional Government. Last year’s Iraq Petroleum brought together a global

network of over 400 senior level professionals, from 29 countries, in over 15 sectors of the oil and gas industry. With the participation of senior Iraqi and international government officials, established companies and new players in the market, Iraq Petroleum is now the essential meeting place for the industry.

The 2009 Conference was held as Iraq’s first two licensing rounds were announced. It proved to be an essential forum for internationals to gain insight into the developments and future opportunities in the industry. The Conference was the platform that highlighted the plans in auctioning off the contracts.

Following on the success of its launch, the 2008 event was specifically structured for Iraqi and international decision makers to benefit from this only opportunity to explore prospects within Iraq‘s oil industry. The reception held at the Babylon Exhibition at the British museum further helped in forming these partnerships.

2007

2009

2008

2010

2011

Iraq Petroleum: Catalysing Investment in the Iraqi Oil & Gas Industry for Over 5 Years

CWC’s Iraq Petroleum Conference is the most significant international gathering in Iraq’s oil and gas industry, and has over the past 5 years gathered more than 5000 senior executives from all areas of the energy sector.

This unique Conference has become an established and important event as every year it brings together both Iraqi officials and international decision makers and helps to catalyse investment in Iraq.

Where Instrumental Partnerships are Formed& Groundbreaking Announcements are Made


Bringing Together the Leading Players of Iraq’s Oil & Gas Industry

GULF KEYSTONE PETROLEUM LTD.

G L O B A L L N G

The Elite Gathering of Leading Energy Executivesfrom the World’s International Oil & Gas Companies


2

3

4

07:45 Registration & Welcome Breakfast Hosted By:

09:00 Chairman’s Opening Remarks: Dr Alirio Parra, Senior Associate, CWC Group Ltd

Ministerial Keynote Session

Chairman: Sir Jeremy Greenstock, Former UK Ambassador to the UN, Chairman, Lambert Energy Advisory

Iraq’s Oil & Gas Iraq’s Potential to Lead the Middle East The Upcoming Priorities Over the Next Years H.E. Rowsch N. Shaways, Deputy Prime Minister of Iraq Iraqi Government

H.E. Thamir Ghadhban, Chairman of the Advisory Commission to the PM of Iraq, Iraqi Government

Iraq’s Natural Resources & the Potential to Tackle World Energy Challenges

10:20 The Right Honourable Lord Howell of Guildford, Minister of State, Foreign & Commonwealth Office, UK

Questions & Answers

11:15 Networking Coffee Break

12:00

Iraq’s New Upstream Opportunities; The Emergence of an Energy Giant

• Reviewing upstream opportunities for field development and

exploration in the South, West, East and the Kurdistan Region • Iraq and the IOCs: the best model of cooperation • Capacity building in Iraq and building the local manpower • Mitigating risk and risk management in Iraq’s oil and gas

industry and overcoming challenges

Chairman: J. Jay Park, Q.C., Partner & Chair of Global Resources Practice Group, Norton RoseH.E. Dr Ali Al Dabagh, Minister of State, Iraqi Government Spokesman, Iraqi Government H.E. Dr Adnan Janabi, Chairman of the Oil & Gas Committee, Iraqi ParliamentHans Nijkamp, Vice President & Country Chairman, Shell Tony Hayward, CEO, Genel EnergyH.E. Michael Aron, Her Majesty’s Ambassador to Iraq, British Embassy in IraqDavid Morrison, Chairman, Wood Mackenzie

Questions & Answers

13:00 Networking Lunch Hosted By:

15:00

Boosting Iraq’s Oil & Gas Infrastructure Upstream & Downstream: Requirements to Meet Future Targets

• Enormous oil and gas infrastructure opportunities • The major oil fields requirements in the South of Iraq and the

Kurdistan Region • Prioritising the infrastructure challenges and the opportunities • Downstream: the value added opportunity for the Iraqi

economy• The opportunities for the investors in the distribution network,

the storage and the infrastructure

Chairman: Tony Hayward, CEO, Genel Energy

H.E. Dr Bayazeed Hassan Abdullah, MP, Oil & Gas Committee, Iraqi ParliamentDr Mowaffak al Rubaie, Adviser in National Security, Former Advisor for National Security, Iraqi Government

Jabbar Allibi, Former DG of the South Oil Company & Chairman of the Board of Directors, the Minister’s Former Advisor for the South Oil Fields, Iraqi Ministry of Oil Dr Carole Nakhle, Specialist Advisor in the House of Lords, Surrey Energy Economics CentreRoy Hodges, Vice President, Marketing, Technology Partners

Questions & Answers


16:45

Panel Discussion: Iraq’s Oil & Gas Resources Potential; Changing the Dynamics of the World’s Industry

• Iraq: the last frontier for oil exploration• Surplus of oil and gas revenues boost Iraq’s economic

performance• Demand and resources in the wake of the Arab spring

Chairman: J. Jay Park, Q.C. Partner & Chair of Global Resources Practice Group, Norton RoseH.E. Thamir Ghadhban, Chairman of the Advisory Commission to the Prime Minister of Iraq, Iraqi GovernmentDr Othman Salman Gihlan, Director General, Legal Department, Iraq’s Council of MinistersH.E. Dr Ali Al Dabagh, Minister of State, Iraqi Government Spokesperson, Iraqi GovernmentH.E. Dr Adnan Janabi, Chairman of the Oil & Gas Committee, Iraqi Parliament

End of the Conference Day 1

17:30 Networking Drinks Reception

Gala DinnerHosted By:

Iraqi Cultural Evening Reception with Welcome Remarks from: H.E. Dr Muhielddin Hussein Abdullah, Iraq’s Charged Affairs to the UK

1

Conference Day One Monday 18 June 2012


7

6

07:45 Welcome Breakfast

09:00 Chairman’s Opening Remarks: Nadhim Zahawi, MP, UK Parliament

Kurdistan Oil & Gas Industry: Priorities Over the Coming Years

10:30

Kurdistan’s Oil & Gas Joint Ventures & Partnerships; The Role of the International Oil & Service Companies

• Projects for joint venture partnerships• The need for foreign investment and incentives • Export infrastructure: Iraq’s export outlets • Advanced technologies role in the oil and gas economic and

production capabilities

Senior Representation, Ministry of Natural Resources, Kurdistan Regional Government*Chris Bowers, Her Majesty’s Consul General, British Consulate General, ErbilH.E. Dr Selahattin Cimen, Deputy Energy Minister, TurkeyGeorge Booth, Partner Specialized in International Projects, Clyde & CoProf Dr Friedbert Pflüger, Director European Centre for Energy and Resource Security (EUCERS), King’s College LondonQuestions & Answers


12:00

Gas & Power Development in Iraq; Meeting the Demand

• Iraq’s power development and Kurdistan’s success stories • Iraq’s integrated natural gas strategy • Present utilisation of natural gas resources• Export pipeline to Turkey and to Europe • The potential for LNG exports

Chairman: Lucian (Lou) Pugliaresi, President, Energy Policy Research Foundation, Inc. (EPRINC)Asri Mousa, Independent Expert, Oil & Gas, IraqMounir Bouaziz, Vice President Commercial – MENA NBD& LNG, ShellLuay J al-Khatteeb, Executive Director Iraq Energy Institute, London, UK, Advisor to Parliament of IraqHusain Al-Chalabi, Petroleum ConsultantQuestions & Answers

13:30 Networking Lunch Hosted By:

14:45

The Financial Framework in Iraq for Energy Investment; Unlocking Domestic Capital & International Investment

• International project finance players• Building an investment portfolio in the oil and gas sector• Investment laws and regulations, the incentives and the

financial requirements• The taxation system • The insurance policy in Iraq

Keynote: H.E Haider Al Abadi, Chairman of the Finance Committee, Iraqi ParliamentYasunao Nakano, Director Export Finance, Mena, Global Banking & Markets, HSBC Bank Middle East LimitedLaurent Lavigne du Cadet, Deputy CEO , Taylor-DeJongh

Questions & Answers


16:45

Concluding Ministerial Panel: Positioning Iraq in the World Energy Map

• Overview of the future plans and the way forward • Encouraging stable investment climate for the benefit of Iraq

H.E. Thamir Ghadhban, Chairman of the Advisory Commission to the Prime Minister of Iraq, Iraqi Government

H.E. Dr Ali Al Dabagh, Minister of State, Iraqi Government Spokesperson, Iraqi Government

H.E. Dr Adnan Janabi, Chairman of the Oil & Gas Committee, Iraqi Parliament

17:15 Concluding Remarks

17:30 Close

5

Conference Day Two Tuesday 19 June 2012

“It was an excellent opportunity to meetand hear the main players in the Iraqi oil sector and to

see their vision and thoughts on the future developments”

Yazdi Merchant, Saudi Petroleum Overseas Ltd, Aramco

* Denotes subject to final confirmation


Contractual Legal & Commercial Framework For the Multi Million Dollar Contracts for the Iraqi Oil & Gas Industry

Benefits of Attending

ü An opportunity to engage with sector specialists

ü Specialist insight on the Iraqi oil and gas sector from a geological perspective

ü Learn the legal and commercial contractual guidelines for subcontracting

ü Understand the guidelines for implementation of the contracts

ü Grasp the legal guidelines on purchasing from the local Iraqi market

ü Practical guidance on forming a framework for the legal procedures

ü A greater understanding of where the opportunities lie

ü Practical guidance on how to protect investments in Iraq

Key Topics• What is important to know for new entrants into the

oil and gas sector in Iraq in respect of geology• Insights on the emerging opportunities in the next 5

years• Real assessment of Iraq’s oil and gas infrastructure

requirements• The challenges faced and their solutions in the first

two years of the oil contracts• Achievements made on field developments and the

building of new oil infrastructure• An overview of previous and expected developments

in Iraqi legislation governing the oil and gas sector

• Legal and commercial contractual guidelines for subcontracting

• The realities and dynamics on the ground• How oil and gas companies protect their investment

in Iraq• Legal guidelines on purchasing from the local Iraqi

market• Financing Methods• Framework for the legal procedures • Guidelines for the implementation of the contracts• New Entrants: Acquisition and Farm‐Ins

Workshop Leaders

Asri MousaIndependent Expert, Oil & Gas, Iraq

George BoothPartner Specialised in International ProjectsClyde & Co

James VaranesePartnerClyde & Co

The Iraq Petroleum 2012 Workshop will provide a real assessment of Iraq’s oil and gas infrastructure requirements, an in depth understanding of the main contractual guidelines for subcontracting and practical guidance on forming a framework for the legal procedures. It will further discuss updates on the realities and dynamics of the current landscape and progress being made in Iraq’s oil and gas infrastructure.

Agenda

08:00 Welcome Coffee & Registration09:00 Workshop Begins10:30 Networking Coffee Break13:00 Networking Lunch15:00 Networking Coffee Break16:00 End of Workshop

Workshop Wednesday 20 June 2012

Sponsored by:


Welcome Breakfast & Registration

The official opening of the Conference is an opportunity to get to know your business partners and colleagues. Register and start networking with international representatives, key decision makers, government officials and industry experts in a relaxed environment.

Day 1 Hosted By:

Networking Coffee Breaks

Scheduled around the Conference to maximise your networking time, coffee breaks provide the perfect opportunity to connect with the right people. Take advantage of this opportunity to help drive your business and make the most of your participation at the Conference.

Corporate Lunches

Corporate lunches are designed to provide an ideal opportunity for building essential relationships. With extended breaks it is the prime opportunity to do business with key industry players and discuss business ideas.

Day 1 Hosted By:

Iraqi Cultural Evening Reception& Gala Dinner

This year’s Iraq Petroleum Gala Dinner will celebrate Iraqi culture, heritage and history with an Iraqi inspired theme throughout the evening. The evening will be held in partnership with The Republic of Iraq Embassy. The evening will be a golden opportunity to continue building relationships in an informal and relaxed environment whilst experiencing Iraqi heritage and culture.

Networking Drinks Reception Hosted By:

Networking Opportunities

The Established, Exclusive Gathering of Iraqi & International Decision Makers


A Unique Platform for Exploring New Oil & Gas Business Opportunities

Distribution of Oil Reserves

Operating Area Fields Reserves (billion bbl)

2010 Production (1,000 bbl/d)

Potential Production (1,000 bbl/d)

KRG 6 2 15 375

North Oil Company 32 21 770 1,300

Midlands Oil Company 27 13 10 680

Missan Oil Company 10 8 110 820

South Oil Company 25 69 1,455 10,050

Total 100 113 2,360 13,225

Source: Iraq Ministry of Oil

Sources: AFP, ABS News

Oil reserves in Iraq have the potential to be the largest in the world according to recent geological surveys and seismic data. The Iraqi government has stated that new exploration showed Iraq has more than 350 billion barrels worth of oil, and officially confirmed that their reserves rank third largest in the world at approximately 143 billion barrels. With this potential, and the World Bank expecting Iraq’s GDP to grow phenomenally in the next three years, now is the prime time to invest in Iraq.

Future Growth & Opportunities in the Iraqi Oil & Gas Industry

“We are implementing a plan that is unprecedented in the history of Iraq’s oil industry, multiplying oil and gas production to four times and building gigantic

infrastructure and projects to turn Iraq into a key energy source in the world.”

Abdelkarim Al-Luaybi Iraqi Oil Minister


London: Capital of Culture

The Venue

This year’s Iraq Petroleum will be held in the beautiful Intercontinental Hotel, Park Lane, London. Situated at one of the capital’s most prestigious addresses, No. 1 Park Lane, the hotel is traditional yet modern in the heart of Mayfair. Inspired by its location overlooking Royal Parks, the hotel delivers elegant natural interiors and exemplary service providing the ideal place to network, meet industry players and do deals.

Cruise the Thames

Take in the breathtaking and famous views of London on a Thames river cruise. See the famous Big Ben clock at the Houses of Parliament, the London Eye and the historic Tower Bridge.

Historic Culture

Enjoy the sights of beautiful Buckingham Palace, Westminster Abbey and the famous St Paul’s Cathedral. Filled with history and tradition these are must see’s of the English Capital.

2012 Olympic City

Experience and see the final preparations taking place as London prepares to play host to the Olympic Games in July 2012.

Meet the New Decision Makers & Discover New Opportunities

Join Us On

Phillip ClarkeHead of Business Development

CWC Group Limited +44 20 7978 0056

[email protected]

For Speaking, Sponsoring & Attending the event contact

linkedin.com search for Iraq Petroleum

twitter.com/CWCMENA #IP12

facebook.com/CWCMENA

cwciraqpetroleum.com

Principle Media Partner Media Partners


iraq petroleum

Documents

gas resources

monetisation of gas

iraqs oil

senior industry executives

south of iraq

key iraqi government

new business opportunities

international companies