Strong interest in upstream sector 

Netherland Sewell & Associates (NSAI) is taking its popular Oil & Gas Property Evaluation Seminars on the road again this summer. The NSAI professionals will speak to the London financial and investment community on June 26-27, to Singapore July 10-11, and to Mexico City on Sept. 5-6, 2018.

Each year, NSAI conducts its Oil & Gas Property Evaluation Seminar in Dallas, London, Singapore, and Mexico City. The course is designed for non-technical financial professionals whose work relates to the petroleum industry.

During the popular two-day seminars, NSAI professionals lay out a firm groundwork for generalist investors, analysts, banks and investing institutions that want to extend their technical and financial knowledge of the oil and gas industry, learn the ins and outs of the extraction process and look at how to value reserves and understand costs associated with exploration and production.

Below is the 2018 NSAI Oil & Gas Property Evaluation seminar calendar:

  • May 7 & 8 and 9 & 10, 2018 – Dallas (Both sessions had record attendance with a waiting list)
  • June 26 & 27, 2018 – London: Grange City Hotel
  • July 10 & 11, 2018 – Singapore: Singapore Exchange – SGX Auditorium
  • September 5 & 6, 2018 – Mexico City: Asturiano Polanco Banquet Room

Register for the NSAI seminars here.

Singapore – steady growth

In conjunction with the Singapore Exchange, NSAI said last year’s Singapore seminar brought strong interest in the upstream oil and gas sector from regional banking and financial institutions across Asia.

Singapore is a major regional financial hub and travel destination that attracts business and investment from all over the Asia region, including Indonesia, Southeast Asia, Malaysia, the Philippines, Taiwan, Hong Kong, China, India and Australia. Singapore is known for being strong in petrochemicals, downstream refining, storage and shipping energy throughout Asia and the world.

Economic data from the Monetary Authority of Singapore.

The Singapore economy remained firmly on an expansion path in the first quarter of 2018, supported by robust growth in the manufacturing sector, as well as broad-based gains in modern services, according to the latest data from the Monetary Authority of Singapore (MAS). Economic activity in Asia ex-Japan stayed buoyant, led by a steady pace of expansion in China. Amid rising downside risks from festering trade tensions, global growth in 2018 is projected to keep to about the same pace as last year.

The Singapore economy grew by 1.7% q-o-q saar in Q1 2018, similar to the 2.1% expansion in the preceding quarter, MAS said. Growth was led by the manufacturing and modern services industries. Production in the electronics sector remained at elevated levels while output in the pharmaceuticals and transport engineering segments recovered. There was also a pickup in business services activity and steady growth in demand for financial intermediation and information & communications services.

From the Monetary Authority of Singapore (MAS)

The Singapore economy is expected to remain on a steady and modest growth path, with GDP projected to expand by 2.5–3.5% for 2018 as a whole, MAS said in the report. Barring the materialization of downside risks, firm external demand should continue to lend support to Singapore’s trade-related industries such as wholesale trade and transport & storage services.

 


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