Nairobi Oil and Gas Club holds inaugural meeting

The Nairobi Oil and Gas club yesterday held its first meeting bringing together close to 50 professionals and investors in the upstream sector in Kenya.

According to the organizers the club the ultimate vision is to provide a platform that stakeholders in the entire value chain to ride on and meet periodically. The platform is also expected to enable its members explore opportunities in the region.

“Provides illuminating, engaging and interactive forum for professionals and organizations to meet, explore and dialogue on policy, emerging trends and challenges of the oil and gas sector in East Africa,” the organizers said in a statement.

Among the targeted audience include engineers, technical specialist, geoscientist, capital market specialist, logistic managers, insurance experts, senior government figures and policy makers.

Also included in the list include purchasing managers, IT, offshore security specialist and professional association and academia.

Key speaker at the event Kenya Private Sector Association chair Patrick Obath dealt on various topics including: oil price volatility, exploration and production in Kenya 2015 and beyond, production sharing agreements, local content, fracking, the role of technology and the future of refineries as petrochemical complexes.

The club saw its first meeting sponsored by Standard Chartered bank and hopes to meet every month with corporate playing a special role in facilitating the continuity of the forums.