The bigger the invisible wall between these industries, the fewer winners there will be. So, today, as part of our global strategy to bridge oil and gas and renewables, we invite the industry to see a bigger and more diverse energy world with challenges and opportunities across multiple subsectors.
Continuing oil and gas market pricing pressures keep exploration and production (E&P) operators looking for new ways to extract more oil from existing reserves for less.
Mexico faces several big external and internal challenges in the next 12 months. What’s different is the feeling I got from talking to the active E&Ps, financiers, service providers and their partners. The industry itself feels mature, experienced and focused – as if the energy reform took place 20 years ago. I believe this is the surest sign that every one of these challenges can soon be turned into an opportunity.
When industry players explore a new area, collating all the available data and interpreting them can be challenging and time-consuming. JumpStart integrated geoscience packages provide a comprehensive, consistent resource of easily accessible data for evaluating petroleum systems, assimilating all the available data in a specific geographical area and framing it within a geological context.
It is hard to deny that increasing diversity in the public and private sector is one of today’s central initiatives for corporate improvement and better business outputs.
Continuing oil and gas market pricing pressures keep exploration and production (E&P) operators looking for new ways to extract more oil from existing reserves for less.
The Ministry of Petroleum has established a joint committee to redraft the P.S.C.s and to introduce amendments that may incentivize foreign companies to enter Egypt’s O&G sector. According to the current timeframe, the committee should be able to present its result by the end of this year. One of the most important modifications should concern a reduced reimbursement period to stimulate foreign investment.
Guy Casteels, Founder, GFinance answers questions surrounding the African oil and gas industry’s investment climate, exploring the key opportunities, challenges and considerations when working within the region.
After two and a half years of cutbacks, reduced capital spending, and project delays, a harsh reality is setting in for the oil and gas industry: “lower-for-longer” oil prices may be the new norm and companies are going to have to change the way that they do business in order to remain competitive.
When we talk about energy transition, what we are really talking about is a shift from a central energy supply (largely from fossil fuels), to a decentralised distributed model underpinned by technology. We are talking about a shift to digital and smart technologies.
Observers of the global boom in natural gas production over the last couple of years will remember it wasn’t so long ago that the term “LNG Glut” was being touted ominously at large energy industry gatherings around the world.
As specialised investors in the Energy space, we see these transformations coming and keep an ear on the ground with all the companies we meet to identify those who are ready to ride the wave.
