APRIL 2011 VOLUME 65 NUMBER 771
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MEMBER OF THE AUDIT BUREAU OF CIRCULATION ABBREVIATIONS The following are used throughout Petroleum Review:
mn = million (106) kW = kilowatts (103) bn = billion (109) MW = megawatts (106) tn = trillion (1012) GW = gigawatts (109) cf = cubic feet
cm = cubic metres km = kilometre boe = barrels of oil
b/d = barrels/day t/y = tonnes/year
kWh = kilowatt hour
sq km = square kilometres equivalent
t/d = tonnes/day
No single letter abbreviations are used. Abbreviations go together eg. 100mn cf/y = 100 million cubic feet per year.
Front cover: Tullow operational staff onboardthe Sedco 702 semi-submersible drilling rig, offshore Ghana
Photo: Tullow Oil
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IP WEEK 2011 22 IP WEEK – ROUND-UP IPWeek retrospective
FEATURES 12 AFRICA – NAMIBIA Think aheadandpass the salt
14 AFRICA – SOMALIA Changing fortunes?
16 AFRICA – ZAMBIA Indeni continues to face problems
17 AFRICA – SENEGAL Power to the people
18 PERSONAL SAFETY – KIDNAP & RANSOM Personal safety under threat
34 ELECTRICITY – UK Striking the right balance
36 HAZARDOUS CARGO – REGULATORY REVIEW Managing modern hazards
40 ELECTRICITY – UK Market reform andcarbon price support – the EI responds
We apologise for the late arrival of your magazine, which was delayed due to circumstances beyond our control
NEWS & REGULARS
2 PERSPECTIVE 3 UPSTREAM 6 DOWNSTREAM 9 INDUSTRY 11 GOVERNMENT 42 PUBLICATIONS/E-DATA
C
ontinuing our review of IP Week 2011, this month’s issue takes a closer look at the first two days of what was a very comprehensive conference pro-
gramme that provoked debate among delegates and speakers alike. Key themes addressed throughout the proceedings included partnerships, investments and risks in what is an ever changing and challenging energy sector. Russian reserves were also discussed, as were strategies for success within the downstream arena. Developments in Africa were also under the spotlight, an E&P hotspot fraught with complex issues as highlighted by our additional articles on Namibia, Somalia and Senegal. This month also includes a review of the UK coalition government’s pro-
posed reform for the domestic electricity market in a bid to ensure the required investment in low carbon, secure energy supplies going forwards. We also highlight the Energy Institute’s response to the government consul- tations undertaken as part of this process. Other topics addressed in this issue include an overview of hazardous
goods regulations, as well as an update on areas of the world where the per- sonal safety of those working in the international energy arena are increas- ingly under threat of kidnap and piracy – an issue that has recently seen much media coverage in light of recent developments in the Middle East and North Africa (MENA) region.
Kim Jackson, Editor
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