Webinar: Ecuador’s Energy Sector Reorientation

Webinar: Ecuador’s Energy Sector Reorientation

Date: Wednesday, September 12, 2018
Time: 9:00am San Diego (11:00 am Quito time; GMT/UTC – 8 hours)
Contact: Jacqueline Sanchez

PRESENTATION

A member of OPEC, Ecuador in many ways remains largely a hydrocarbons economy. The South American nation counts proven reserves of 8 billion barrels (BP 2016 estimate) and produces 517,000 barrels per day as of June 2018.

Regarding the power sector, Ecuador is known for having a robust transition system and is part of the Andean countries interconnection system or SINEA in Spanish (Sistema de Interconexión Eléctrica Andina | SINEA). The country’s electric sector is increasingly dominated by hydropower that grew from 49% to an estimated 83% last year. On the other hand, unconventional renewables remain below 2% of the country’s generation. Diversification of the energy matrix is key for countries such as Ecuador due to the seasonal nature of hydropower generation.

Under the Presidency of Lenín Moreno, Ecuador has proclaimed its interest in attracting international investment in all segments of the country’s energy and natural resources sector. Bid rounds in the oil sector are underway as are major efforts to attract a diverse range of investment in the nation’s power and mining sector.

As part of the reorientation of the Moreno´s government for the energy sector, the Ministry of Hydrocarbons, the Ministry of Electricity and Renewable Energy as well as the Ministry of Mining are undergoing a major institutional reorganization that will lead to the establishment of one Ministry of Energy and Non Renewable Natural Resources. The Minister, Mr. Carlos Pérez will lead the Ecuadorian effort in generating a dynamic sector which fosters foreign investments, environmental consciousness and transparency. Taking a pragmatic approach that benefits all stakeholders, this sector is expected to become a driving force in the development of the country, where there will be opportunities for respected partners who want to be part in the new era of energy and resources in Ecuador.

Join us

For a webinar presentation with José Antonio Cepeda from Ecuador’s Ministry of Energy and Non Renewable Natural Resources, who currently serves as advisor to the Minister, OPEC National Representative and Member of the IEF Executive Board. He will share insights on the latest policy developments, investment opportunities and sector restructuring underway.

The webinar will be held on Wednesday, September 12 at 9:00am San Diego (11:00 am Quito time; GMT/UTC – 8 hours). Mr. Cepeda’s formal presentation will be followed by a live Q&A session with the audience.

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Webinar: Unconventionals in Latin America: Updates from Mexico and Colombia

Webinar: Unconventionals in Latin America: Updates from Mexico and Colombia

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Date: August 3, 2017
Time: 11:00am San Diego (1:00 pm Mexico City and Bogotá; GMT/UTC – 8 hours)
Contact: Jacqueline Sanchez

The continued volatility and lower-for-longer oil price environment, among other factors, has reduced some of the attention from Latin America’s shale plays. But what has not changed is the region’s unconventional resource potential. Latin America counts several of globe’s largest unconventional reserves. The US Energy Information Administration (EIA) ranks Argentina second globally in terms of technically recoverable shale gas resources, while Mexico holds the world’s fourth largest resources. Colombia is also an important reserve holder of unconventional reserves. How these countries continue to progress with development of these resources remain critical questions not only for their own energy outlook but also regional oil and gas production trends.

Join us

Webinar and virtual panel discussion featuring Aldo Flores, Deputy Minister for Hydrocarbons in Mexico and Rafael Herz, Vice President for Exploration at the Colombia Petroleum Association (ACP). The webinar will be held Thursday, August 3 at 11:00am San Diego (1:00 pm Mexico City and Bogotá; GMT/UTC – 8 hours).

The panel will take stock of the current outlook for unconventionals across the region and provide updates on the latest developments in terms of regulation and licensing rounds, key issues confronting further development, the outlook for the coming months and years.

Special thanks to our sponsor of this webinar

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Webinar: Digital Transformation and the Hype Cycle: Where are we today and what is different?

Webinar: Digital Transformation and the Hype Cycle: Where are we today and what is different?

Webinar Series LogoDate: Thursday, July 6
Time:11:00am San Diego (2pm Washington, DC; GMT/UTC – 8 hours
Contact: Jacqueline Sanchez

The march of innovation and transformation in the global energy business shows no sign of ebbing. Industry and government alike across our hemisphere are looking to technological solutions for the vexing challenges of a modern energy sector that supports economic development in a sustainable manner. Technological innovation is poised to be a key element for insuring the energy industry’s profitability and competitiveness and perhaps nowhere is this more critical than with digitalization and data. By some accounts we generate 50,000 gigabytes of data per second. There are myriad ways to unravel and analyze this data. The Industrial Internet of Things (IoT) and increased use of data analytics are increasingly part of the energy transition conversation, principally in terms of boosting productivity and adding value. But where exactly are we today in this rapidly evolving dynamic and what is different, and why does it matter?

Join us

Webinar discussion and analysis with Dominic John on the role of digitalization, data analytics and what the distinctions are between digital prey and digital predators. Dominic John is Vice President of Marketing and Technical Communications at OSIsoft.

The webinar will be held Thursday, July 6 at 11:00am San Diego (2pm Washington, DC; GMT/UTC – 8 hours). The formal presentation will be followed by a Q&A session with the audience.

 

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