New base 552 special 03 march 2015

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1. Copyright 2014 NewBase www.hawkenergy.net Edited by Khaled Al Awadi Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 1 NewBase 03 March 2015 - Issue No. 552 Khaled Al Awadi NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE Qatar Shell, QBIC, SDC, Silatech join hands for enhancing innovation and entrepreneurship Qatar Shell, Qatar Business Incubator Centre (QBIC), Social Development Centre (SDC), and Silatech have signed an agreement to host the Navigator, a common purpose programme for emerging leaders. The first one will take place in Doha between May 24 and 28. This announcement came on the first day of the 2nd Entrepreneurship in Economic Development Forum yesterday, which aims to foster the new generation of entrepreneurs in Qatar and the region. Many entrepreneurs attended the two-day forum that was hosted by the Ministry of Economy and Commerce and sponsored by Qatar Shell. The primary focus of Navigator Leadership Programme in Doha will be innovation and entrepreneurship and it will help both develop the leadership capabilities of the participants and generate new ideas, which have the potential to be prototyped in the real world beyond the programme. On the forum, Wael Sawan, chairman and managing director, Qatar Shell said, In line with our support of the Qatar National Vision 2030, we are delighted to sponsor the Second Entrepreneurship in Economic Development Forum and to continue supporting the development of a robust private sector that will help diversify Qatars economy. I am proud to announce that today will mark a further collaboration with key local 2. Copyright 2014 NewBase www.hawkenergy.net Edited by Khaled Al Awadi Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 2 entrepreneurship organisations to bring the Navigator a common purpose programme for emerging leaders to Qatar. Navigator will play an important role in engaging emerging leaders in Qatar in some of the practical issues and challenges that arise from the vision for the country, he added. Munther al-Dawood, projects and investment manager and acting CEO of SDC, said, We at Social Development Centre are delighted to join hands with major organisations who share with us the same mission to inspire Qatari youth to take initiative and contribute innovatively to a more diverse Qatari corporate culture and economy. The Navigator Leadership Programme will help entrepreneurs be more innovative as well as advance their leadership skills to maintain sustainable growth for their businesses and ultimately contribute to the National Vision 2030. During the forum, Qatar Shell highlighted its increasing support for existing SMEs in recent years owing to its successful partnership with Qatar Development Bank. In 2013, QDB and Qatar Shell launched the SME Business Opportunity Workshop, which enables Qatari SMEs to compete for business opportunities within Qatar Shells supply chain. Three SMEs were awarded the contracts. Qatar Shells team of experts explained to participants at the forum the tendering process and qualification requirements to tender to become suppliers of choice to Pearl GTL, the worlds largest gas-to-liquids plant at Ras Laffan, a Qatar Petroleum-Qatar Shell joint venture. The presentation was part of Qatar Shells efforts to encourage SMEs to bid and win contracts with Pearl GTL. In 2014, Qatar Shell in partnership with QDB presented seven new specific business opportunities to the private sector; five new Qatari SMEs were awarded the contracts for Pearl GTL last December. This brings the total number of awarded SMEs to eight for the period 2013-2014. In addition to its efforts to support existing local SMEs, Qatar Shell seeks to inspire young Qataris to consider entrepreneurship as a career option. 3. Copyright 2014 NewBase www.hawkenergy.net Edited by Khaled Al Awadi Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 3 IAEA Director-General highlights importance of nuclear techniques for development WAM + NewBase Helping countries meet their development needs using nuclear technology was one of the main points addressed by IAEA Director-General, Yukiya Amano, in his introductory statement to the Agency's Board of Governors on Monday. He also congratulated Guyana on becoming the 163rd Member State of the IAEA, and spoke about nuclear energy, nuclear verification, technical cooperation and nuclear applications, as well as nuclear safety and security. Amano called on Member States who had not yet done so to become party to the Amendment to the Convention on the Physical Protection of Nuclear Material. The Convention establishes measures related to the prevention, detection and punishment of offences relating to nuclear material, while the 2005 Amendment strengthens provisions for States Parties to protect nuclear facilities and material in peaceful domestic use, storage and transport. "Entry into force of the Amendment is within our grasp," the Director-General said. "As of today, we need 17 States to become party to the Amendment to bring it into force. I encourage all States which have not yet done so to become party to the Amendment so it comes into force this year." In describing the IAEAs work in international development, Amano underscored the impact of nuclear technology in meeting global needs. "When I visit Member States, I see first-hand the great importance of the Agency's work to make nuclear technologies available for development. It is gratifying to observe the beneficial impact this remarkable technology has on the lives of millions of people." He highlighted the Agency's involvement in technical cooperation projects, including a new project designed to support Africa's regional capacities for responding to diseases like the Ebola Virus Disease, which broke out in 2014. "The project will support the establishment of early warning systems and build national and regional capacity for the fast and sensitive diagnosis of zoonotic diseases," Mr Amano said. These are infectious diseases of animals, like Ebola, that can be transmitted to humans. Much of the IAEA's assistance to Member States is supported by the IAEA nuclear applications laboratories in Seibersdorf, Austria. These laboratories are undergoing modernization under the ReNuAL project, which is now "moving into a critical period as far as extrabudgetary contributions are concerned," said Mr Amano. Commitments of extra-budgetary financial contributions are needed by June to enable construction to begin this year, he noted. "I again appeal to all Member States to contribute generously, and I thank those that have already done so." Turning to the implementation of safeguards, Mr Amano expressed concern about the nuclear programme of the Democratic People's Republic of Korea (DPRK). He called upon the DPRK to resolve all outstanding issues, including complying fully with its obligations under relevant Security Council resolutions. 4. Copyright 2014 NewBase www.hawkenergy.net Edited by Khaled Al Awadi Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed, or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavours have been used to ensure the accuracy of the information contained in this publication. However, no warranty is given to the accuracy of its content . Page 4 Ghana: Tullow falls on worries legal dispute could delay Ghana project Source: Reuters Tullow Oil lost over 200 million pounds ($308 million) of its market value on Monday, hit by concerns that a boundary dispute between Ivory Coast and Ghana could delay a project off the coast of West Africa. The Africa-focused firm is developing the TEN project off the coast of Ghana, in waters over which there is a maritime boundary dispute between Ghana and Ivory Coast. Ivory Coast has made a request to the authority handling the case, the International Tribunal of the Law of the Sea (ITLOS), that Ghana suspend ongoing exploration and exploitation operations in the disputed area while the matter is considered. Tullow now faces a period of uncertainty while the tribunal makes a decision on the Ivorian request, which the company said was expected by the end of April. Ghana dismissed fears of possible suspension of the project, saying there are no grounds for the grant of the Ivorian request. 'Government therefore says it sees no reason for any change in behaviour unless and until the Special Chamber of the ITLOS so orders, which the Government considers highly unlikely,' a government statement said late on Monday. 'As permitted by international law, petroleum operations in the area will continue pending a speedy decision by the Special Chamber on this aspect of the case,' said the statement signed by Communications Minister Edward Omane Boamah. Shares in Tullow lost over 6 percent of their value, making the company the top