One of the biggest questions new producers face as they plan for the future is how to make decisions about state equity stakes in upstream projects. For many countries, state participation via national oil companies has been an important component of strategies to retain a significant share of the benefits of oil and gas projects for the country.
The global energy transition is impacting the strategies of oil and gas companies worldwide, however, with prospects for lower profits over the long term and the viability of some projects imperiled. With this in mind, this session will focus on how governments and their NOCs can assess the robustness of state investment under a variety of long-term energy scenarios, and how to manage risk that some public spending could end up stranded.
We will discuss the results of new research on national oil companies in the energy transition, and the approaches that new producer governments are taking to hone their strategies. Full details of previous meetings in the series are available on the Group’s platform.
Participants
Moderator:
Patrick Heller, Advisor, Natural Resource Governance Institute
Panellists:
David Manley, Senior Economic Analyst, Natural Resource Governance Institute
Vandana Gangaram Panday, Manager - Offshore Strategy & Commercial, Staatsolie, Suriname
Glada Lahn, Senior Research Fellow, Chatham House
Additional panellists to be confirmed.
