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CONFERENCE AT LABADI BEACH HOTEL CONFERENCE HALL, ACCRA ON 13th - 14th NOVEMBER 2017

3rd Africa Oil Governance Summit

Theme: “Maximizing the benefits of petroleum resources in Africa; the role of open contracting for efficient negotiations and effective revenue utilizations”.

ABOUT THE CONFERENCE

Instituted in 2015, the Africa Oil Governance Summit is an annual event that brings together stakeholders in Africa’s petroleum industry to deliberate on emerging governance issues in the sector. The Africa Centre for Energy Policy (ACEP) realized the need for the African continent to consolidate gains and right wrongs made from management of petroleum resources and to initiate dialogue aimed at translating the extraction of oil into socio-economic development. The Centre recognizes that the vehicle to this is a strengthened governance framework that reduces incentive for corruption, builds capacity and invest revenues efficiently. The maiden Summit in 2015 broadly discussed governance around Africa’s oil, touching on contract transparency, local content, institutional development, and revenue accountability. In the 2016 edition, the summit focused on the survival strategies for African oil producers amidst low oil prices. This year, the discussion will anchor on open contracting and how African countries can recognize that as key for transparency and ultimate determination of national take.
Read More Contracting establishes many of the commitments between government and companies in the extractive industries. This implies that, benefits from petroleum resources are significantly determined by contracts. Within the petroleum value chain, open contracting has been a challenge for many governments in resource rich countries. Many of the challenges influencing poor negotiating of contracts in Africa include lack of institutional capacity in contract negotiation, corruption of public officials, allocation of contracts to companies without financial and technical capacity, granting of tax concessions to undeserving companies and lack of strong oversight institutions to scrutinize contracts to ensure better deals. This is worsened by lack of transparency in contracting processes. The net effect of all these is fertile ground for rent seeking, corruption and nepotism in contract awards, information asymmetry between companies and governments, individual interest projected against national interest, and ultimately, massive revenue loss to the state due to poorly negotiated contracts. In recent times more African countries are adopting open contracting by instituting policies that provide for contract transparency. Through the Extractive Industry Transparency Initiative (EITI) process, advocacy from the international community and and civil society, many countries are embracing contract transparency. This year’s Summit intends to bring together Civil Society, Governments, and the business community to discuss the principles and benefits of open contracting. Lessons would be drawn from across the continent on the experiences, challenges, current developments and new perspectives with regards to open contracting. More importantly, emphasis would be placed on how open contracting provides the opportunity for citizens to demand accountability from governments and the oil companies at each point of the value chain of the industry. The guidance note to speakers and moderators will be tailored to bring out lessons and experiences worth emulating and reforming.

SUMMIT OBJECTIVES

  • Track the progress made in Africa in the wake of global open contracting advocacy, and
  • Provide the platform for regional consensus building on strategies that must be adopted to promote open contracting

EXPECTED OUTCOME

  • Consensus has been built on key strategies to promote the implementation of open contracting in Africa.
  • There is increased commitments from governments to implement open contracting standards across the value chain of the industry
  • All the commitments by participants are captured in a communique, and used by participants to influence policies in their respective countries.

PARTICIPATION

A total of 300 participants will be invited to the Summit. Media participation will be strong. Participants will be drawn from the following institutions and which will be by invitation only.
  • Government Ministries
  • Industry Regulators
  • Accountability Institutions
  • National Oil/Gas Companies
  • Heads of Missions of some African Embassies in Ghana
  • See More
  • International Oil Companies
  • Civil Society Organizations
  • Traditional Authorities
  • Development Partners
  • International NGOs
  • There will be strong media presence at the Summit.

Last Year's Summit

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November 24-26, 2016 – Accra,Ghana

Africa Centre for Energy Policy (ACEP), partners and allies met in Accra from the 23rd and 24th of November 2016, to review and reflect on progress made by the country and Africa as a whole in the governance of its oil resources and to build the desired consensus on a road map to resource prosperity. The summit focused particularly on how good governance from oil wealth can be translated into development in Africa and how the continent could be assured to move away from the oil resource curse. For good governance to be achieved, participants agreed that it was paramount to pursue transparency and accountability in the oil resource sector.

In ensuring transparency, it was acknowledged that some African countries have made impressive progress such as the adoption of open and competitive bidding processes for granting oil concessions. Particularly for Ghana, the government has propelled the institutionalisation of a number of processes including the setting up of the Petroleum Commission Act, the Petroleum Revenue Management Act (PRMA) and the Public Interest Accountability Committee (PIAC) amongst others. These demonstrate the strong foundation being laid to promote good governance in the oil sector in Ghana which sets an example for other African nations. However it was agreed that more could be and needed to be done in terms of promoting accountability. Participants agreed that it was time for transparency to translate into accountability.

The summit also called for citizen and community involvement and participation in all stages of decision making right from the appraisal stages to deciding which type of projects should be funded from oil revenues. A remaining hindrance to civic participation however is the complex and technical language with which policies are often crafted. It was therefore necessary for policies and regulations to be translated into forms easily accessible to the average citizen. Finally, ACEP and all institutions present reconfirmed their dedication and commitment in terms of human resources, time and in mobilizing fiscal resources in ensuring good governance within the African oil sector.

DOWNLOAD BROCHURE
video
300

PARTICIPANTS

10

TOPICS

2

DAYS

53

SPEAKERS

DON’T MISS THIS AMAZING CONFERENCE AND OPPORTUNITIESSS!

Meet Our Speakers

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The speakers for this year’s summit have been drawn from different countries with a great track record in governance, the petroleum sector, oil and gas and the total management of natural resources. Last year’s speakers share some similarities with this year’s speakers. However because of the different theme, most are new. They are not only dynamic in their area of expertise, but wield extraordinary knowledge which when tapped into, will go a long way in shaping our developmental process toward excellence. Though the summit is centred on Africa, some of our speakers through years of partnership will come from outside Africa to contribute their rich experience from their continent to the efforts the continent of Africa is making towards good governance of its natural resources. It is indeed worthy to note that, the spirit of knowledge sharing is where individuals acquire the bigger understanding of the issues in managing natural resources and subsequently making tangible recommendations of improvement. Therefore the speakers for this summit bring on board experiences and knowledge aimed at transforming the understanding of individuals, institutions , nations and impact on the world at large.

VIEW ALL SPEAKERS AND DISCUSSANTS
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President of Natural Resource Governance Institute (NRGI)r

Prof Daniel Kaufmann

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Minister of Petroleum - Ghana

Hon. Armah Kofi Buah

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CONFERENCE AGENDA

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day 1 agenda

monday, November 13, 2017 - OPENING CEREMONY AND PANEL DISCUSSIONS

9:00AM

The Opening Ceremony

9:00AM - 10:00AM

Welcome Address: The Vice President of the Republic of Ghana

Statement by Sponsors: Adelaide Addo-Fening Team Leader, GOGIG

Keynote Speech: Professor Daniel Kaufmann, President of Natural Resource Governance Institute (NRGI)

Speech and Opening of Summit by Special Guest of Honour: Hon. Armah Kofi Buah (Minister of Petroleum)

10:00AM

1st Panel: “The State of Open Contracting in Africa”

10:00AM - 11:30PM

Facilitator: N/A

Discussants:

11:00AM

Cocoa Break

11:30PM - 12:00PM

You will have a chance to enjoy a cocoa break.

12:00PM

2nd Panel: What should open Contracting Look Like?

12:00PM - 01:30PM

Facilitator: Facilitator: N/A

Discussants:


12:00PM

3rd Panel: The Africa Mining Vision and Contract transparency.

12:00PM - 01:30PM

Facilitator: : N/A

Discussants:

01:00PM

LUNCH

01:30PM - 02:30PM

02:00PM

4th Panel: “Rolling back the gains of revenue governance for sustainable investments: the challenges and way forward”.

02:30PM - 4:30PM

Facilitator:N/A

Discussants:

4:00PM

5th Panel: “Reviving the sleepy Vision: An evaluation of the implementation status of the Africa Mining Visions”.

04:30PM - 05:30PM

Facilitator: N/A

Discussants:

12:00PM

6th Panel: N/A

04:30PM - 05:30PM

Facilitator: N/A

Discussants:

DAY 2 AGENDA

Tuesday, November 14th, 2017

9:00AM

1st Panel: Beneficial Ownership and Open Resource governance.

9:00AM - 10:30AM

Opening Address: N/A

Moderator: N/A

Discussants:

10:30AM

Snack Break

10:45AM - 12:30AM

Coffee Break

1:00PM

2nd Panel: SHARING OF COUNTRY EXPERIENCES (How open contracting looks like in African oil-producing and frontier countries - Ghana, Nigeria, Kenya, Tanzania )

11:30AM - 1:00AM

Facilitator: N/A

Discussants:

2:00PM

Lunch & 3rd Panel: The role of open contracting for CSOs work

01:00PM - 02:00PM

Facilitator: N/A

Discussants:

03:00PM

The Launch of the Africa Oil Governance Report
4th Panel: Oil Governance Experience from Oil producers and frontiers, Nigeria, Tanzania, Kenya and Ghana.

02:00PM - 03:30PM

Facilitator: N/A

Discussants:

04:00PM

Closing and Discussing Communique

03:30PM - 04:30PM

Empower yourself with the knowledge of the Oil Industry

LEARN MORE VISIT ACEP WEBSITE

EVENT SPONSORS SPECIAL THANKS

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Main Sponsor

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Supporting Sponsors

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The Conference can help you connect with Industry Experts. In addition, you can open your knowledge and contribute your ideas in this conference.