March 24, 2006


Description

Presentation abstract:

The deal is done, the negotiators have gone home, and now it is time to implement the joint venture to achieve success for all parties.  It sounds easy: just follow the contract and operating agreement.  Or, is it?

Worldwide exploration and production spending will exceed $190 billion this year.  With over 75% being spent outside the US, joint ventures play a dominant role in international upstream investments and success or failure can have a direct impact on a company’s bottom line.

Is your joint venture implementation on track?  Does the shareholder board have agreement on a clear set of objectives?  Is the organizational structure functioning effectively?  Are the different company secondees performing seamlessly as a team within the JV?  Is technology transfer occurring?  Are equipment and service tender awards meeting project requirements?  What are some suggestions for improvement?

Interviews conducted with executives and project management from International Oil Companies and National Oil Companies involved in joint ventures revealed different perspectives as well as varying definitions of success.  One thing is clear: joint ventures are evolving and the expectation bar is being raised.  Is your company keeping up


Featured Speakers

Speaker Kurt Hillman
Vice President Production, North Africa and Eurasia Amerada Hess Kurt Hillman is Vice President, Production, North Africa and Eurasia for Amerada Hess.  He was previously Managing Director of Amerada Hess in Denmark.  Prior experience includes 25 years with Texaco in various management roles, and a founder of an international upstream …

Vice President Production, North Africa and Eurasia
Amerada Hess

Kurt Hillman is Vice President, Production, North Africa and Eurasia for Amerada Hess.  He was previously Managing Director of Amerada Hess in Denmark.  Prior experience includes 25 years with Texaco in various management roles, and a founder of an international upstream management consulting company.  His last ten years have been focused on multi-national joint ventures in the Middle East, Kazakhstan, and Russia.


He holds a BSc degree in geological engineering and is a registered professional engineer.  Active in SPE, Kurt has served as Program Chairman for the Gulf Coast Section’s International Study Group, has been a Director for the Kuwait SPE Section, and has served on SPE’s International Career Guidance/Student Development Committee and Permian Basin Drilling Steering Committee.

Full Description



Organizer

Paula Wood


Date and Time

Fri, March 24, 2006

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended

Location

Hyatt Downtown

1200 Louisiana
Houston, Tx