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Energy in general, Oil & Gas in particular, are sectors of some considerable controversy in recent years. Foreign companies have left Indonesia, others have down-sized and exploration is at a dangerously low level. This against a back-drop of a rupiah under pressure and in need of more efficient domestic production to ease the need for dollars to pay for imports.
Globally, the oil and gas business is under pressure from a decade of lower crude prices. And forgive the pun, but the climate is changing and challenging the sector to join the tide of popular sentiment that the future supply of energy needs to be more responsible, cleaner and putting our environment first, ahead of profit.
On June 24th BritCham welcomes Tony Durrant, Global CEO of Premier Oil, a BRITISH company that continues to prove its commitment to Indonesia with investment in new projects.
Speakers
Tony Durrant
CEO of Premier Oil
Mr Tony Durrant was promoted to the position of Chief Executive Officer of Premier in June 2014, having joined the company as Finance Director and a Director of the Board in June 2005.
He was previously a Non-Executive Director of Greenergy Limited, Chairman of the Audit & Risk Committee and the Remuneration Committee from 2012 to 2017, as well as a Non-Executive Director of Clipper Windpower plc from 2005 to 2010.
After qualifying as a Chartered Accountant with Arthur Andersen, he joined Lehman Brothers, London, in 1986, initially as an oil sector analyst and then in the investment banking division from 1987. Subsequently, he was a Managing Director and Head of Lehman's European Natural Resources Group. In this role, he managed both client relationships and numerous transactions for a variety of European and North American energy clients.
