The Lagos June Technical/Business Meeting was held on Wednesday June 20, 2018 at the Grand Ball room of Eko Hotel and Suites, Victoria Island. The meeting was sponsored by IHS Markit with the presence of IHS representatives who delivered presentation on the topic “Recovering Oil Exploration in Nigeria and Gulf of Guinea: What Company, Basin, Country to look at?” In their presentation they reviewed the entire basins in West Africa and provided locations of prolific hydrocarbon prospectivity. A few companies that are currently selling percentage of their interest in Nigeria were mentioned, top on the list was Petrobras. Also it was stated that all the four majors will be divesting some of their assets by next year. Strategic partnership was recommended as best approach to successfully acquire new assets and manage them profitably. They also show-cased the value and a demo of their high-impact reserve estimation and asset evaluation software for new ventures.
For the meeting pictures, Click Here.