Dear members,
We would like to invite you and your colleagues to the February London Section evening meeting. From 5pm until 8.45pm, there wil be lectures on Disruptive Transformation of Global LNG and Rise of the Carbon Majors.
The event will be at Imperial College, Royal School of Mines, Prince Consort Road, London, SW7 2BP. The Royal School of Mines is about 15 minutes walk from South Kensington tube station via Exhibition Road and Prince Consort Road.
Regards
Tim Lines
SPE London Section – Programme Chairman
Email: tim.lines@oilfieldinternational.com
Agenda:
5.00 – 6.30pm
Talk 1: Disruptive Transformation of Global LNG.
Peter Cameron and Jalil Jumriany, Energy Markets Global
6.30 – 7.15pm
DRINKS AND NETWORKING BUFFET
7.15 – 8.45pm
Talk 2: Rise of the Carbon Majors.
Bas Sudmeijer, Managing Director and Partner, Boston Consulting Group’s Energy and Social Impact Practice.
?Venue: The event will be at the Department of Earth Science and Engineering, Imperial College London.
Directions: Please note the main entrance to the Department is via the Royal School of Mines Building on Prince Consort Road, between 10 and 12 on the campus map.
Booking: All booking must be paid in advance and online please, via Eventbrite.
Email: katespe@aol.com
Cost: 34 for SPE/PESGB/EI members, 44 non-members, 19 unemployed members. Non refundable 5 for students booking by Friday, 21 February (19 after). All tickets have an additional Eventbrite fee.
BEFORE DINNER
5.00 pm6.30 pm: Disruptive Transformation of Global LNG.
Peter Cameron and Jalil Jumriany, Energy Markets Global.
New things are happening. The traditional solution of big international oil companies with long-term contracts to supply State companies and major utilities is breaking down. LNG liquefaction costs have dropped and so has the minimum economic size – to something hauled by a truck. LNG prices have dropped. There are many more sources of supply from many more countries. All sorts of different types of players supplying, trading, swapping and buying, regassing LNG are springing up across the globe. LNG is the new, greener, cheaper crude oil.
The speakers are Peter Cameron and Jalil Jumriany from Energy Markets Global.
Peter Cameron is a commercial expert particularly natural gas with over 25 years industry experience in Central Asia, Nigeria, Argentina, Colombia, Ukraine, and the UK. His commercial expertise includes gas, LNG, GTL, gas to power and renewable energy. He has advised governments and companies on the commercial and regulatory aspects of energy businesses in Europe, Africa and the Middle East, Former Soviet Union, Latin America and the Far East.
He was Chairman of the International Services Board of the Society of British Gas Industries and a Member of the Inter-Governmental China-Britain Natural Gas Working Group. Previously he was Corporate Planner for British Gas where he was responsible for preparing the corporate annual business plan and group strategy, advising on and leading many strategy reviews for various divisions of British Gas. He was also Project Co-ordinator for the privatisation of the Argentine gas industry.
In addition, Peter has had published two books on the energy sector, 15 articles and has presented at 17 international conferences.
Jalil Jumriany. More information to follow.
AFTER DINNER
7.15 pm 8.45 pm: Rise of the Carbon Majors.?Bas Sudmeijer, Managing Director and Partner, Boston Consulting Group’s Energy and Social Impact Practice.?? The 2020s are the decade in which the world needs to change the direction of CO2 emissions and a two-degree pathway requires a global emissions reduction of ~50% vs today.
The energy transition requires society to collectively deliver the biggest engineering project.
The biggest engineering challenges are not in renewables scale up or power storage, but hard-to-abate sectors like heavy transport, petrochemicals, steel and cement.
It requires the rise of a new molecule company the carbon major who can deliver the carbon capture and storage and hydrogen infrastructure needed to decarbonise these processes.
In a European society in which is Paris aligned, where Shell is no longer the employer of choice in the Netherlands, and Delft University has rebranded its Petroleum Engineering Masters programme to Geo-Energy Engineering, what is the future role of the petroleum engineer?
Bas Sudmeijer is a Managing Director and Partner in BCGs Energy and Social Impact practice. Originally an aerospace engineer, he joined BCG over 12 years ago and has worked most of his career serving utility and oil and gas clients. He leads BCGs Climate and Social impact activities in the UK.