| |
Efficient petroleum resource management is based
on a positive interaction between government institutions
and industry. There is a need for this dialogue both
before and after licensing. Good communication between
governments and the oil industry in the promotion process
is crucial to achieve petroleum resource management
efficiency.
The essential is to present the Member Country's
possibilities and opportunities with respect to petroleum
exploration and production in such a way that potential
foreign investors have the best relevant and needed
information.
The Exploration Promotion Forum (EPF) replaces a large number
of international meetings on bilateral basis. It provides
key decision makers with an opportunity to expose themselves
to the market realities directly and functions as a market
place with improved efficiency over a series of bilateral
meetings. It also exposes issues, which are best addressed
at regional, global or industry wide levels.
Host
countries, oil companies and international organizations
are executing extensive programs with the aim of promoting
or acquiring exclusive exploration and production rights.
These efforts take place worldwide. In addition to promoting
its own resource potential, Norway supports several countries
in their exploration promotion programs. |
| |
The
CCOP-EPF will contribute to the exposure of the oil and
gas industry of CCOP Member Countries to the outside world
to promote business opportunities.
A common promotion campaign for this region was conducted,
for the first time, at the Exploration Promotion Forum
1994, immediately following The World Petroleum Congress
1994 in Stavanger, Norway. The Norwegian foundation, PETRAD
in co-operation with NOPEC, a consulting company was responsible
for the technical arrangement for CCOP, and a total of
19 countries, from Former Soviet Union, Eastern Europe,
CCOP Member Countries and some other developing countries
participated.
The
CCOP-EPF was originally planned as a stand alone event.
However, with the change in focus of some Member Countries'
energy programmes, CCOP has explored possibilities on
how to implement this activity and to bring maximum
benefits to the Member Countries. In this regard, CCOP is organizing the EPF 2002 in
conjunction with a major international oil and gas conference
- The Offshore Northern Seas 2002 15th International Conference,
Exhibition and Festival in Stavanger, Norway 27-30 August
2002, as well as promotion using the Internet. The rapid
development of the internet-based dissemination of information
and its immense potential for the future led CCOP to consider
the use of this powerful tool for the Exploration Promotion
Forum.
Participating Member Countries in the CCOP-EPF will invite oil companies
to bid on available acreage and are expected to present
important information relating to this such as:
-
Definition of areas available for licensing, i.e.
block pattern
-
Description of necessary documents required for
license application, necessary procedures that have to
be followed and eventually a time schedule for formal
licensing round if this is planned
-
A technical evaluation report of the areas that are
available for licensing
-
Listing and price for available data
-
A review of operational conditions and infrastructure
-
An overview of relevant government institutions and
their responsibilities
-
Relevant legislation
-
Model agreement if available
|
