Iraq Petroleum 2012 by The CWC Group

The Senior Strategic Meeting Place for the Iraqi Oil & Gas Industry

Oil & Gas Companies in Iraq & the Best Models of Cooperation 18-20 June 2012 | Intercontinental Hotel, Park Lane, London, UK

Sponsors

www.cwciraqpetroleum.com www.cwciraqpetroleum.com

A Unique Platform for Exploring New Oil & Gas Business Opportunities in Iraq

Following on the success of previous years, Iraq Petroleum 2012 will bring together over 300 Iraqi and international senior level executives, from over 30 countries and 19 different industries within the oil and gas industry. This year, supported by major industry players and key Iraqi government experts, the Conference will focus on the new joint venture partnerships in Iraq’s oil and gas industry, the best model of cooperation with international companies, the potential for gas resources and the monetisation of gas.

Why You Can’t Miss Iraq Petroleum 2012 üü Meet face to face with senior industry executives, government officials and corporate investors üü Benefit from the extensive experiences of international oil companies and gain exclusive insights from key decision makers üü Explore new business opportunities and maximise your company’s potential in building an effective business strategy üü Discover the major opportunities and challenges facing the country in building the blocks of an energy giant üü Gain updates on the projects underway in the South of Iraq and the Kurdistan Region üü Understand the strategies and policies shaping the Iraqi oil and gas industry üü Gain an insight into the mechanism of creating a favourable investment environment

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&Ăƌ ĂƐƚ Θ ƵƐƚƌĂůĂƐŝĂ ϭϮй ƵƌŽƉĞ ϰϯй

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^ĂůĞƐͬDĂƌŬĞƟŶŐ DĂŶĂŐĞƌ ϲй

WĂƌƚŶĞƌͬ ƐƐŽĐŝĂƚĞ ϭй

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Where Senior Iraqi Officials meet their International Counterparts

Distinguished Key Speakers

H.E. Dr Ali Al Dabagh

Minister of State, Iraqi Government Spokesman Iraqi Government

H.E. Dr Adnan Janabi

H.E. Dr Selahattin Cimen

H.E. Thamir Ghadhban

The Right Honourable Lord Howell of Guildford

Deputy Energy Minister Turkey

Chairman of the Advisory Commission to the PM of Iraq Iraqi Government

H.E. Dr Bayazeed Hassan Abdullah

H.E. Michael Aron

Sir Jeremy Greenstock

Minister of State Foreign & Commonwealth Office, UK

Chairman of the Oil & Gas Committee Iraqi Parliament

MP, Oil & Gas Committee Iraqi Parliament

Her Majesty’s Ambassador to Iraq British Embassy in Iraq

Dr Mowaffak al Rubaie

Tony Hayward

Nadhim Zahawi

Dr Alirio Parra

J. Jay Park, Q.C

David Morrison

Dr Carole Nakhle

Adviser in National Security, Former Advisor for National Security Iraqi Government

Prof Dr Friedbert Pflüger Director European Centre for Energy & Resource Security (EUCERS) King’s College London

Asri Mousa

Independent Expert, Oil & Gas, Iraq

CEO Genel Energy

Partner & Chair of Global Resources Practice Group Norton Rose

Jabbar Allibi

Former DG of the South Oil Company & Chairman of the Board of Directors, the Minister’s Former Advisor for the South Oil Fields

MP UK Parliament

Chairman Wood Mackenzie

Former UK Ambassador to the UN & Chairman Lambert Energy Advisory

Senior Associate CWC Group Ltd

Specialist Advisor in the House of Lords Surrey Energy Economics Centre

For Speaker Updates please visit

www.cwciraqpetroleum.com

Iraqi Ministry of Oil

To Register Your Interest Call Phillip Clarke on +44 20 7978 0056 or Email at pclarke@thecwcgroup.com

Where Instrumental Partnerships are Formed & Groundbreaking Announcements are Made

Iraq Petroleum: Catalysing Investment in the Iraqi Oil & Gas Industry for Over 5 Years

CWC’s Iraq Petroleum Conference is the most significant international gathering in Iraq’s oil and gas industry, and has over the past 5 years gathered more than 5000 senior executives from all areas of the energy sector. This unique Conference has become an established and important event as every year it brings together both Iraqi officials and international decision makers and helps to catalyse investment in Iraq.

2007 The launch of Iraq Petroleum in 2007 provided the first and only opportunity for potential investors to meet senior Iraqi government officials. The event took place in Dubai opened by H.E. Dr Hussain Al‐Shahristani, the Minister of Oil, Iraq.

2008 Following on the success of its launch, the 2008 event was specifically structured for Iraqi and international decision makers to benefit from this only opportunity to explore prospects within Iraq‘s oil industry. The reception held at the Babylon Exhibition at the British museum further helped in forming these partnerships.

2009 The 2009 Conference was held as Iraq’s first two licensing rounds were announced. It proved to be an essential forum for internationals to gain insight into the developments and future opportunities in the industry. The Conference was the platform that highlighted the plans in auctioning off the contracts.

2010 As an established event, Iraq Petroleum 2010 saw massive growth in the participation of delegates and speakers, including the participation of H.E. Dr Ashti Howrami, Minister of Natural Resources, from the Kurdistan Regional Government.

2011 Last year’s Iraq Petroleum brought together a global network of over 400 senior level professionals, from 29 countries, in over 15 sectors of the oil and gas industry. With the participation of senior Iraqi and international government officials, established companies and new players in the market, Iraq Petroleum is now the essential meeting place for the industry.

www.cwciraqpetroleum.com

The Elite Gathering of Leading Energy Executives from the World’s International Oil & Gas Companies

Bringing Together the Leading Players of Iraq’s Oil & Gas Industry

G L O B A

L N G

GULF KEYSTONE PETROLEUM LTD.

To Register Your Interest Call Phillip Clarke on +44 20 7978 0056 or Email at pclarke@thecwcgroup.com

Conference Day One

Monday 18 June 2012 15:00

07:45

Registration & Welcome Breakfast Hosted By:

Iraq’s Oil & Gas Infrastructure 3 Boosting Upstream & Downstream: Requirements to Meet Future Targets

09:00

Chairman’s Opening Remarks: Dr Alirio Parra, Senior Associate, CWC Group Ltd

Ministerial Keynote Session

Chairman: Sir Jeremy Greenstock, Former UK Ambassador to the UN, Chairman, Lambert Energy Advisory

• Enormous oil and gas infrastructure opportunities • The major oil fields requirements in the South of Iraq and the Kurdistan Region • Prioritising the infrastructure challenges and the opportunities • Downstream: the value added opportunity for the Iraqi economy • The opportunities for the investors in the distribution network, the storage and the infrastructure Chairman: Tony Hayward, CEO, Genel Energy

Iraq’s Oil & Gas Iraq’s Potential to Lead the Middle East The Upcoming Priorities Over the Next Years

H.E. Dr Bayazeed Hassan Abdullah, MP, Oil & Gas Committee, Iraqi Parliament

09:20 H.E. Thamir Ghadhban, Chairman of the Advisory Commission to the PM of Iraq, Iraqi Government

Dr Mowaffak al Rubaie, Adviser in National Security, Former Advisor for National Security, Iraqi Government

Turkey’s Role in the Development of Iraq’s Oil & Gas Industry

Jabbar Allibi, Former DG of the South Oil Company & Chairman of the Board of Directors, the Minister’s Former Advisor for the South Oil Fields, Iraqi Ministry of Oil

09:50 H.E. Dr Selhattin Cimen, Deputy Energy Minister, Turkey Iraq’s Natural Resources & the Potential to Tackle World Energy Challenges

Dr Carole Nakhle, Specialist Advisor in the House of Lords, Surrey Energy Economics Centre Roy Hodges, Vice President, Marketing, Technology Partners

10:20 The Right Honourable Lord Howell of Guildford, Minister of State, Foreign & Commonwealth Office, UK

Questions & Answers

16:45

11:15 Networking Coffee Break

Discussion: Iraq’s Oil & Gas Resources 4 Panel Potential; Changing the Dynamics of the

12:00

Iraq’s New Upstream Opportunities; The Emergence of an Energy Giant

• Reviewing upstream opportunities for field development and exploration in the South, West, East and the Kurdistan Region • Iraq and the IOCs: the best model of cooperation • Capacity building in Iraq and building the local manpower • Mitigating risk and risk management in Iraq’s oil and gas industry and overcoming challenges Chairman: J. Jay Park, Q.C., Partner & Chair of Global Resources Practice Group, Norton Rose

H.E. Dr Ali Al Dabagh, Minister of State, Iraqi Government Spokesman, Iraqi Government H.E. Dr Adnan Janabi, Chairman of the Oil & Gas Committee, Iraqi Parliament Tony Hayward, CEO, Genel Energy H.E. Michael Aron, Her Majesty’s Ambassador to Iraq, British Embassy in Iraq David Morrison, Chairman, Wood Mackenzie

16:00

Networking Coffee Break

World’s Industry

• Iraq: the last frontier for oil exploration • Surplus of oil and gas revenues boost Iraq’s economic performance • Demand and resources in the wake of the Arab spring Chairman: J. Jay Park, Q.C. Partner & Chair of Global Resources Practice Group, Norton Rose

H.E. Thamir Ghadhban, Chairman of the Advisory Commission to the Prime Minister of Iraq, Iraqi Government H.E. Dr Ali Al Dabagh, Minister of State, Iraqi Government Spokesperson, Iraqi Government H.E. Dr Adnan Janabi, Chairman of the Oil & Gas Committee, Iraqi Parliament End of the Conference Day 1 17:30

Networking Drinks Reception Hosted By:

Questions & Answers 13:00

Networking Lunch Hosted By:

Gala Dinner Iraqi Cultural Evening Reception with Welcome Remarks from: H.E. Dr Muhielddin Hussein Abdullah, Iraq’s Charged Affairs to the UK

www.cwciraqpetroleum.com

Conference Day Two

Tuesday 19 June 2012

13:30

07:45

Welcome Breakfast

09:00

Chairman’s Opening Remarks: Nadhim Zahawi, MP, UK Parliament

Kurdistan Oil & Gas Industry: Priorities Over the Coming Years

10:30

5 Partnerships; The Role of the International Kurdistan’s Oil & Gas Joint Ventures & Oil & Service Companies

• • • •

Projects for joint venture partnerships The need for foreign investment and incentives Export infrastructure: Iraq’s export outlets Advanced technologies role in the oil and gas economic and production capabilities

Senior Representation, Ministry of Natural Resources, Kurdistan Regional Government*

Networking Lunch

14:45

Financial Framework in Iraq for Energy 7 The Investment; Unlocking Domestic Capital & International Investment

• International project finance players • Building an investment portfolio in the oil and gas sector • Investment laws and regulations, the incentives and the financial requirements • The taxation system • The insurance policy in Iraq Raad Alkadiri, Senior Director, PFC Energy Yasunao Nakano, Director Export Finance, MENA, Global Banking & Markets, HSBC Bank Middle East Limited Questions & Answers 16:00

Networking Coffee Break

H.E. Dr Selahattin Cimen, Deputy Energy Minister, Turkey Prof Dr Friedbert Pflüger, Director European Centre for Energy and Resource Security (EUCERS), King’s College London Questions & Answers 11:15

16:45

Networking Coffee Break

Concluding Ministerial Panel: Positioning Iraq in the World Energy Map • Overview of the future plans and the way forward • Encouraging stable investment climate for the benefit of Iraq

12:00

6 • • • • •

Gas & Power Development in Iraq; Meeting the Demand

Iraq’s power development and Kurdistan’s success stories Iraq’s integrated natural gas strategy Present utilisation of natural gas resources Export pipeline to Turkey and to Europe The potential for LNG exports

Asri Mousa, Independent Expert, Oil & Gas, Iraq

Concluding Remarks

17:30 Close

Senior Representative, Shell* Senior Representative, Mott MacDonald* Questions & Answers

* Denotes subject to final confirmation

“It was an excellent opportunity to meet and hear the main players in the Iraqi oil sector and to see their vision and thoughts on the future developments” Yazdi Merchant, Saudi Petroleum Overseas Ltd, Aramco

To Register Your Interest Call Phillip Clarke on +44 20 7978 0056 or Email at pclarke@thecwcgroup.com

Workshop

Wednesday 20 June 2012

Contractual Legal & Commercial Framework For the Multi Million Dollar Contracts for the Iraqi Oil & Gas Industry Sponsored by:

The Iraq Petroleum 2012 Workshop will provide a real assessment of Iraq’s oil and gas infrastructure requirements, an in depth understanding of the main contractual guidelines for subcontracting and practical guidance on forming a framework for the legal procedures. It will further discuss updates on the realities and dynamics of the current landscape and progress being made in Iraq’s oil and gas infrastructure.

Workshop Leaders Asri Mousa

Independent Expert, Oil & Gas, Iraq

George Booth

James Varanese

Partner Specialised in International Projects Clyde & Co

Partner Clyde & Co

Key Topics • What is important to know for new entrants into the oil and gas sector in Iraq in respect of geology • Insights on the emerging opportunities in the next 5 years • Real assessment of Iraq’s oil and gas infrastructure requirements • The challenges faced and their solutions in the first two years of the oil contracts • Achievements made on field developments and the building of new oil infrastructure • An overview of previous and expected developments in Iraqi legislation governing the oil and gas sector

• Legal and commercial contractual guidelines for subcontracting • The realities and dynamics on the ground • How oil and gas companies protect their investment in Iraq • Legal guidelines on purchasing from the local Iraqi market • Financing Methods • Framework for the legal procedures • Guidelines for the implementation of the contracts • New Entrants: Acquisition and Farm-Ins

Benefits of Attending üü An opportunity to engage with sector specialists üü Specialist insight on the Iraqi oil and gas sector from a geological perspective üü Learn the legal and commercial contractual guidelines for subcontracting üü Understand the guidelines for implementation of the contracts üü Grasp the legal guidelines on purchasing from the local Iraqi market

Agenda 08:00 09:00 10:30 13:00 15:00 16:00

Welcome Coffee & Registration Workshop Begins Networking Coffee Break Networking Lunch Networking Coffee Break End of Workshop

üü Practical guidance on forming a framework for the legal procedures üü A greater understanding of where the opportunities lie üü Practical guidance on how to protect investments in Iraq

www.cwciraqpetroleum.com

The Established, Exclusive Gathering of Iraqi & International Decision Makers

Networking Opportunities

Welcome Breakfast & Registration The official opening of the Conference is an opportunity to get to know your business partners and colleagues. Register and start networking with international representatives, key decision makers, government officials and industry experts in a relaxed environment.

Day 1 Hosted By:

Networking Coffee Breaks Scheduled around the Conference to maximise your networking time, coffee breaks provide the perfect opportunity to connect with the right people. Take advantage of this opportunity to help drive your business and make the most of your participation at the Conference.

Corporate Lunches Corporate lunches are designed to provide an ideal opportunity for building essential relationships. With extended breaks it is the prime opportunity to do business with key industry players and discuss business ideas.

Day 1 Hosted By:

Iraqi Cultural Evening Reception & Gala Dinner This yearâ&#x20AC;&#x2122;s Iraq Petroleum Gala Dinner will celebrate Iraqi culture, heritage and history with an Iraqi inspired theme throughout the evening. The evening will be held in partnership with The Republic of Iraq Embassy. The evening will be a golden opportunity to continue building relationships in an informal and relaxed environment whilst experiencing Iraqi heritage and culture.

Networking Drinks Reception Hosted By:

To Register Your Interest Call Phillip Clarke on +44 20 7978 0056 or Email at pclarke@thecwcgroup.com

Future Growth & Opportunities in the Iraqi Oil & Gas Industry

A Unique Platform for Exploring New Oil & Gas Business Opportunities

Oil reserves in Iraq have the potential to be the largest in the world according to recent geological surveys and seismic data. The Iraqi government has stated that new exploration showed Iraq has more than 350 billion barrels worth of oil, and officially confirmed that their reserves rank third largest in the world at approximately 143 billion barrels. With this potential, and the World Bank expecting Iraq’s GDP to grow phenomenally in the next three years, now is the prime time to invest in Iraq.

“We are implementing a plan that is unprecedented in the history of Iraq’s oil industry, multiplying oil and gas production to four times and building gigantic infrastructure and projects to turn Iraq into a key energy source in the world.”

Abdelkarim Al-Luaybi Iraqi Oil Minister Sources: AFP, ABS News

Distribution of Oil Reserves Fields

Reserves (billion bbl)

2010 Production (1,000 bbl/d)

Potential Production (1,000 bbl/d)

KRG

375

North Oil Company

770

1,300

Midlands Oil Company

680

Missan Oil Company

110

820

South Oil Company

1,455

10,050

Total

100

113

2,360

13,225

Operating Area

Source: Iraq Ministry of Oil

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Meet the New Decision Makers & Discover New Opportunities

London: Capital of Culture

The Venue This year’s Iraq Petroleum will be held in the beautiful Intercontinental Hotel, Park Lane, London. Situated at one of the capital’s most prestigious addresses, No. 1 Park Lane, the hotel is traditional yet modern in the heart of Mayfair. Inspired by its location overlooking Royal Parks, the hotel delivers elegant natural interiors and exemplary service providing the ideal place to network, meet industry players and do deals.

Cruise the Thames Take in the breathtaking and famous views of London on a Thames river cruise. See the famous Big Ben clock at the Houses of Parliament, the London Eye and the historic Tower Bridge.

Historic Culture Enjoy the sights of beautiful Buckingham Palace, Westminster Abbey and the famous St Paul’s Cathedral. Filled with history and tradition these are must see’s of the English Capital.

2012 Olympic City Experience and see the final preparations taking place as London prepares to play host to the Olympic Games in July 2012.

To Register Your Interest Call Phillip Clarke on +44 20 7978 0056 or Email at pclarke@thecwcgroup.com

For Speaking, Sponsoring & Attending the event contact

Phillip Clarke

Head of Business Development CWC Group Limited +44 20 7978 0056 pclarke@thecwcgroup.com

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