The MSGBC region is a rapidly developing area for the oil & gas sector and as a consequence, the industry demands that challenges in developing the much-needed logistics infrastructure, are quickly overcome.
With all the headlines on trade wars, sanctions, Turkey, Argentina, etc., we sometimes lose sight of the fact that the growth of oil product demand is continuing at an unprecedented pace.
The new gas discoveries and the flurry of ongoing exploration activity along the Mozambican coast has certainly elevated the debate around local content to the top of the agenda.
“In Gazprom’s view natural gas can and must play a key role in Europe’s shift to a low-carbon economy. Gazprom has presented its vision of how natural gas can contribute to European climate neutrality by 2050”
“We need a transformation towards a carbon neutral economy, and this will require the development of more renewables as well as a transformation within fossil energyard of Appeal”
“Will Nord Stream 2 be up and running at full capacity by the end of 2019? It is time to find out in January””
At ERCE, we are the independent energy experts. Founded on decades of experience, ERCE is entirely employee owned and financed.
Mexican Subsurface is very exciting. There is a lot of history behind the Mexican O&G industry. Mexico is one of the top producers in the world thanks to its shallow water production but the potential of its Deepwater needs to be proven.
Read the key takeawys from the Mexico Assembly 2019
In order to secure the participation of the private sector in the future development of the generation infrastructure no changes should be made to the existing regulation; growth should be obtained via wholesale energy market consolidation.
Given that we can invest both directly or through our platforms and jointly with our investors, we can be quite flexible from an equity check perspective. We do both greenfield and brownfield, obviously seeking different returns.
Time is our biggest challenge. The exploration period is very short at two years, and with the time taken to do diligent subsurface work, and obtain all required permits to drill, it leaves a short time window to explore effectively.