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I presents the 11th annual Gas to Liquids conference..
Oil prices reached historic highs this summer. Many observers and analysts regard the current price fluctuations to be part of a structural rather than cyclical shift, with prices likely to be sustained around or above $70/bbl. Does this fundamentally change the economics of GTL projects?
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Will sustained high oil prices make GTL projects more attractive to investors? Will the oil price drop further, and if it does, what impact will this have?
Despite the escalation in commodity and engineering costs that has taken place over the past four years, GTL projects are still potentially profitable, and still attracting the attentions of investment banks interested in providing finance for them. Two key challenges remain: getting technology to work as intended, and project execution of what can be massive and complex undertakings.Key How will the new economic environment affect existing projects? What new operations are being planned? Will suspended projects be re-examined? This conference takes a fresh look at the prospects for GTL in the light of the new economic environment – looking not just at the very large projects we have seen implemented to date, but also technologies appropriate to smaller-scale developments.
Key themes will include:• Prospects for GTL in light of high long-term oil prices • Updates of key projects including Oryx and Pearl
• Is GTL an economically viable way of monetising gas?• Technology developments
Alex Forbes, Director, Forbes Communications Limited
Abdulrahman Al-Suwaidi, Deputy General Manager, Oryx GTL
Guy de Kort, General Manager, Global XTL Development, Shell Gas & Power
Malcolm Wells, Communications Manager, Sasol Chevron
Rodney Allam, Chief Technology Officer, GTLpetrol LLC
John Heugh, Managing Director, Central Petroleum
Alan Gelder, Vice President Downstream Oil EMEA , Wood Mackenzie
James Humfrey, General Manager XTL Marketing Development, Shell International Petroleum
Dr Robert Freerks, Director of Product Development, Rentech, Inc.
Mike Phillipson, Manager GTL & CTL Product Group, Foster Wheeler Energy Limited
James Sorensen, Chief Operating Officer, GTLpetrol LLC
Robert Clews, Head of Oil, Gas & Petrochemicals, Project Finance, Sumitomo Mitsui Banking Corporation Europe (SMBC)
Ravi Suri, Managing Director and Head, Project and Export Finance, MESA, Standard Chartered Bank
Matthias Wagner, Director GTL Technology, GTL.F1
Anne Gerd F. Bakken, Manager GTL Commercialisation, StatoilHydro
Costas Pantelides, Managing Director , Process Systems Enterprise
Boriboon Sangiambut, Consultant, Oil & Gas, Nexant
Peter Bond, Managing Director, Linc Energy
Eric Caprani, XTL Project Manager, Axens
Philip Morris, Marketing Manager Refining - Europe, Middle East and Africa; Global GTL, Air Products - Europe
Copthorne Tara Hotel 27th October 2008 London, United Kingdom
Copthorne Tara Hotel 30th October 2008 London, United Kingdom
The Copthorne Tara Hotel London Kensington is an elegant contemporary four-star hotel in prestigious Kensington, located just a two minutes walk from High Street Kensington underground station, making exploring easy. The hotel offers well-appointed and comfortable guest rooms combining Standard, Superior and Club accommodation. Club rooms offer iconic views over the city and include Club Lounge access for complimentary breakfast and refreshments. Guests can sample the authentic Singaporean, Malaysian and Chinese cuisine at Bugis Street, traditional pub fare at the Brasserie Restaurant & Bar or relax with a delicious drink at West8 Cocktail Lounge & Bar.
The Copthorne Tara Hotel boasts 745 square meters of flexible meeting space, consisting of the Shannon Suite and the Liffey Suite, ideal for hosting conferences, weddings and social events. Facilities include access to the business centre 24 hours a day, fully equipped fitness room, gift shop, theatre desk and Bureau de Change. With ample onsite parking outside the London congestion charge zone and excellent transport links via Heathrow Airport, the hotel is the perfect location for business or leisure stays. The hotel is within close proximity to the shops of High Street Kensington, Knightsbridge and Westfield London, Olympia Conference Centre, Royal Albert Hall, Kensington Palace and Hyde Park.
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CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:
‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’
CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.
Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.
CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.
There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.
For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.
CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.
Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.
‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.
‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.
The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.
As a formal provider of CPD certified activities, SAE Media Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.
Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.
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