The third edition of Oil Days started today, May 28, 2025, in Dubai’s dynamic business hub, bringing together energy experts and policymakers until May 31. Focused on « Negotiation and Monitoring of Production Sharing Contracts (PSCs), » this event initiated by the consulting firm 3M-Partners & Conseils has established itself as a strategic platform for optimizing PSC management. With delegates from ten oil-producing nations including Gabon, Chad, and Niger, the discussions promise innovative solutions for a more transparent and efficient industry.
Oil Days 2025 officially opened its doors this Wednesday, May 28th in Dubai, launching four days of intensive discussions, strategic thinking, and innovation around a critical energy sector challenge : Production Sharing Contracts. Until May 31st, industry experts, decision-makers, and key stakeholders will collaborate under this year’s theme to chart a more sustainable and balanced future for these essential agreements.
« This edition returns to fundamentals: the negotiation and monitoring of Production Sharing Contracts (PSCs). Far from being mere technical agreements, PSCs form the backbone of the relationship between the State and oil companies. They govern all key aspects: legal framework, taxation, investments, local content requirements, environmental standards… »
Gacyen Mouely Mouanga, Managing Partner, 3M-Partners & Conseils – Gabon
Established in 2023 by African consulting firm 3M-Partners & Conseils, Oil Days has become a major platform for PSC analysis. This year’s high-level discussions feature delegations from ten oil-producing nations including Gabon, Chad, Niger, and Republic of Congo, collectively shaping the future of oil contracts across Africa and beyond.
« Economic development is inextricably linked to energy. Taking Côte d’Ivoire as an example, our average GDP growth of around 6% per year over the past decade has been accompanied by an annual increase in electricity demand of approximately 10%. Yet during this same period, nearly 70% of the country’s power generation remained dependent on natural gas. «
Vacaba Diaby, Ambassador to the United Arab Emirates – Côte d’Ivoire
Participants will examine multiple critical topics throughout the conference – from economic and fiscal terms in PSCs to audit financing mechanisms and oil cost optimization. These exchanges aim to develop effective strategies for equitable and transparent resource management.
