O&G-Ops Security Nigeria - Virtual Agora
Thursday 25th November 2021 14.00 - 15.30 (WAT)
Platform: MS Teams (Unrecorded / Under Chatham House Rule)
"Petroleum Industry Act 2021 (PIA) - The potential impact on security”
The newly enacted Petroleum Industry Act 2021 (PIA) is set to provide a major overhaul for the Nigerian petroleum industry. After more than decade of various attempts the industry will finally have a new look.
The PIA comprises 5 (five) chapters that cover the following issues:
Chapter 1 – Governance and Institution
Chapter 2 – Administration
Chapter 3 – Host Community Development
Chapter 4 – Petroleum Industry Fiscal Framework
Chapter 5 – Miscellaneous Provisions
Of particular interest from a security perspective is Chapter 3 – Host Community Development of which the main objective is: foster sustainable prosperity with host communities to provide social and economic benefits to enhance harmonious coexistence.
Historically as we are aware insecurity and physical threat to personnel, operations and assets have plagued the industry and are strongly linked to socio-economic heritage.
Our Esteemed Panellist will explore the PIA and its objectives from a security slant, sharing a wealth of experience from legacy challenges through to the all being well bright and prosperous future for the industry and the nation.
Dennis Amachree MON, Former Director - DSS
Dr. Timothy Okon, CEO - Teno Energy Resources
Nelson Wilbert, Operations Director Nigeria – Schlumberger
Ernest Odili, Area Security Advisor - Heirs Oil & Gas