News
Third Edition: Lebanon International Oil & Gas Summit Holds in Beirut.
Leading oil and gas industry executives and experts from across the East Mediterranean will gather in Beirut this May, to gain invaluable insight to the newly presented opportunities in Lebanon’s energy sector, the challenges and the road ahead for companies and investors in the field.
Organizers of the Lebanon International Oil & Gas (LIOG) Summit have confirmed that the event will return 9 -10 May 2017 for its third edition, at the prestigious Hilton Beirut Habtoor Grand Hotel, under the high patronage of HE Eng. Cesar Abi Khalil, Lebanon’s minister of energy and water, and in collaboration with the Lebanese Petroleum Administration (LPA).
The summit will highlight the recent progress by Lebanon’s new government to advance its vast oil and gas potential after developing highly advanced world-class regulatory and operational frameworks for this nascent industry.
Launched in 2012 to support Lebanon’s initial findings and to explore the potential of the country’s hydrocarbon resources, LIOG 2017 will build on the success of its previous editions which attracted hundreds of delegates and dozens of high-caliber speakers from over 30 countries representing over 150 local and international companies and organizations, including major international oil companies (IOCs).
Held under the theme ‘Lebanon – Moving Forward’, LIOG 2017 will cover key areas with over 30 Lebanese, regional and international expert speakers who will share their insight on the following:
- Lebanon’s position as a key hydrocarbons player in the Mediterranean, highlighting recent achievements, showing the new potential of the country and providing delegates with an overview of the legal, financial and technical frameworks.
- Current and expected market conditions and regional geopolitics, along with their impact on Lebanon. In-depth discussions will cover issues like providing return on investment even with low hydrocarbon prices and drawing on international experiences, particularly in terms of turning such challenges into opportunities for all stakeholders.
- The many benefits that Lebanon has to offer and how has the country restated itself as an attractive destination for oil and gas investments.
We believe in Lebanon and in its business climate, which makes it a great place for the conferences and exhibitions industry
All the above subjects will be presented in a well-structured, rich programme, held over two consecutive days.
In addition to the prequalified companies for Lebanon’s first licensing round, participants will include a wide range of service providers including drilling and well servicing contractors; engineering, procurement and construction (EPC) contractors; banks and insurers; specialized law firms; HSE consultants and suppliers, and more.
Paul Gilbert, Managing Director organising company, Global Events Partners Ltd (GEP) said, “Following the recent approval by Lebanon’s council of ministers of the two crucial decrees and the official launch of the sector, everything is now in place for the Lebanese government to go ahead with the long-awaited first licensing round. We strongly believe that LIOG 2017 Summit has a pivotal role in this exercise, particularly in terms of promoting the country’s potentials and drawing investors.”
Dory Renno, Managing Director of the co-organising company, Planners and Partners S.A.L. added, “We believe in Lebanon and in its business climate, which makes it a great place for the conferences and exhibitions industry, We also strongly believe that successful conferences like LIOG reflect a positive image about Lebanon as an attractive investment arena, and highlight the many achievements by the government in terms of creating the right operational frameworks and promoting transparency in a sustainable manner.”
Renno added; “The Summit will also boast an international exhibition showcasing the latest products and services available by local, regional and international companies and organizations, and provide a unique branding opportunity for exhibitors.”
Lebanon, which is believed to have sizable hydrocarbon resources, has recently announced that five offshore blocks will be on offer in its first licensing round which is expected to take place during 2017.
Over 46 international companies were prequalified in 2013, and a new prequalification round is expected to take place in March 2017.
The 3rd LIOG-2017 Summit is organised by UK-based Global Events Partners Ltd (GEP) and Lebanese partner, Planners and Partners sal. Global Event Partners Ltd is affiliated to the dmg::events network.
dmg::events are the organisers of world renowned oil and gas events including Gastech, ADIPEC, the Global Petroleum Show and the World Heavy Oil Congress and are a subsidiary of the Daily Mail and General Trust plc, one of the largest media companies in the UK.
The Nigeria Customs Service (NCS) has announced a record revenue collection of N5.7 trillion as of November 12, 2024, surpassing its yearly target by 10 percent.
This was disclosed by the Comptroller-General of Customs, Adewale Adeniyi, at the ongoing 2024 Comptroller-General of Customs Conference in Abuja.
Themed “Nigeria Customs Service: Engaging Traditional and New Partners with Purpose,” the conference showcased the Customs Service’s progress in modernizing its operations and fostering collaborative partnerships.
“Today, I stand before you to demonstrate how our commitments in 2023 have evolved into tangible achievements,” Adeniyi stated.
He attributed the revenue growth to a series of reforms, including the implementation of a one-stop solution for cargo alerts, a revamped ICT infrastructure, streamlined inspection procedures, and enhanced automation.
Adeniyi explained that these changes reflect the agency’s commitment to elevating operational transparency and efficiency.
“We pledged to re-align our free trade operations, elevate cargo integrity standards, and expand our scanning capacities,” he said.
“Above all, we promised to usher in a new era of customs operations—one built on transparency, efficiency, and genuine collaborations with our partners.”
As of Tuesday, November 12, Adeniyi confirmed that the NCS collected N5.07 trillion, achieving the anticipated 10 percent revenue surplus.
“This performance validates our partnership-driven approach to revenue collection and trade facilitation,” he added.
Adeniyi also highlighted recent strides in trade facilitation, revealing that six companies have been selected to benefit from the Authorised Economic Operators programme, which provides fast-tracked customs clearance and other trade facilitation benefits.
Similarly, the NCS has processed 21 requests under an advance ruling programme, designed to expedite customs decisions on import and export cargoes before they reach Nigerian ports.
The Comptroller-General expressed optimism about the NCS’s potential to drive further economic growth, citing the agency’s commitment to fostering partnerships and advancing innovative practices within the customs sector.
Nineteen out of the thirty-eight directors who were shortlisted to fill permanent secretary vacancies within the Federal Civil Service have failed the qualifying examination, a memo from the Office of the Head of Civil Service of the Federation (OHCSF) revealed on Tuesday.
The memo, signed by Dr. Emmanuel Meribole on behalf of the examination committee, disclosed that the qualifying exam was conducted on Monday, November 11, 2024.
The Federal Government, through the OHCSF, launched the recruitment drive in October to fill permanent secretary vacancies in eight states.
Providing insights into the progress, Eno Olotu, Director of Press at OHCSF, stated, “Of the 38 eligible directors who sat for the exam, 19 have passed the first stage and will move on to the second stage, which will assess their competency in using Information and Communication Technology (ICT) in government operations on Wednesday, November 13, 2024.”
Olotu highlighted the rigorous three-stage selection process, designed to ensure that only the most capable individuals are appointed to these high-ranking civil service roles.
This comprehensive approach, according to OHCSF, aims to elevate the quality of leadership across federal ministries.
The directors who advance beyond the ICT proficiency test will face a final stage on Friday, November 15, 2024, where a panel of senior government officials and private sector experts will conduct a final evaluation to determine their suitability for the permanent secretary positions.
The Chairman of the House Committee on the Federal Road Maintenance Agency (FERMA) and representative of Ibarapa East/Ido Federal Constituency in Oyo State, Engr. Aderemi Oseni, on Saturday urged the community to unite in advancing key development projects aimed at transforming Ikogosi.
Speaking at this year’s Ikogosi Day celebration and the launch of a N1 billion development project in Ekiti, the lawmaker, who served as the Chairman of the occasion, emphasised the importance of unity and collective action.
He encouraged attendees to approach the celebration as a call to action for the betterment of their community.
“As we all know, Ikogosi is not merely a town; it is a treasured gem in the heart of Ekiti State and Nigeria as a whole,” he said. “Ikogosi, a historic and vibrant town, plays a vital role in the tourism and economic landscape of Ekiti State. Its rich cultural heritage and unique resources draw visitors and stimulate economic activities that benefit us all.”
“Today is not just a celebration; it is a call to action,” he continued. “Let us come together, united in purpose, to support these transformative projects that promise to uplift the Ikogosi community. I urge everyone here to invest their time, resources, and energy in this endeavor. Together, we can build a legacy of self-help and development that future generations will cherish.”
Reflecting on the broader challenges facing the country, Oseni encouraged the people of Ikogosi and all Nigerians to remain hopeful and resilient, assuring them of President Bola Ahmed Tinubu’s commitment to a brighter future for the nation.
“To the good people of Ikogosi and all citizens of Nigeria, I urge you to remain steadfast and hopeful. President Bola Ahmed Tinubu means well for all Nigerians. The APC-led administration’s Renewed Hope agenda holds the promise of a brighter future. Though the beginnings may be challenging, perseverance will guide us toward a prosperous new Nigeria,” he stated.
In a statement released by his media aide, Idowu Ayodele, the lawmaker lauded the Ekiti State government under Governor Biodun Oyebanji’s leadership for its transformative efforts in governance and development.
He acknowledged the strides made by the governor and praised his impactful initiatives, which have set Ekiti on a progressive path.
“First and foremost, let me commend the Ekiti State government under the leadership of His Excellency, Mr. Biodun Abayomi Oyebanji. The trailblazing development initiatives and effective governance during your tenure have not gone unnoticed,” Oseni remarked.
“Under your stewardship, we have witnessed remarkable progress and commendable governance that have undoubtedly made Ekiti State a shining example of peace and development,” he added.
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