Brian Carey, Strategic Growth Director of Kongsberg Digital joins the podcast to discuss the role of digitilisation and innovation in the Oil & Gas industry and how ESG will continue to shape and mould the sector. Listen to the full episode here.
Africa is a big continent, and many countries are at different stages of development from economic and energy access perspectives. The key drivers in the region include commitments to the Paris climate agreement and the Sustainable Development Goals (SDG), one of which is access to clean and affordable energy. Read more here.
An African energy renaissance may be on the horizon, promising a reversal of fortunes for energy security across the continent. The oil and gas sector had shown exceptional promise prior to the Covid demand drop and subsequent project delays, nowhere else had a comparable rate of new oil and gas field discoveries. The result is a continental energy market that has embraced the potential for rapid development off the back of a natural resource boon.
Gas-to-Power is the popular choice among African states looking to diversify their energy mix away from coal, with gas power generation accounting for two-thirds of new capacity. Natural gas and LNG have been enjoying a renaissance in their broad utility throughout the energy transition, spurned onwards in popularity with the successive gas discoveries all along the African coast.
Due to the politicised nature of the Energy sector in Mexico, strong policies and foundations for successful monetization has fallen by the way side. A degree of politicisation is expected in national oil companies, and when looking around the globe this is often the case. However, in the instance of Mexico, politicisation is the defining feature.
While I was studying in the US, Shell offered a summer internship at a refinery in Missouri. I never looked back after that.
In the early 1990s, I was a young attorney at an energy commodity trading company in Calgary, and in 1994 we sold that company to TransCanada, where I have been employed since.
After graduating from university I got the opportunity to do an international traineeship with Shell. I spent three months in Africa and was exposed to the many interesting aspects of this exciting industry.
As a business consultant growing up, I spent time in several different industries before landing in oil – or at least landing in fuels as was the case for me.
A report earlier this year by the Japan Fair Trade Commission (often called the ‘JFTC’) has set tongues wagging in the Asian LNG industry.
It shouldn’t be a surprise anymore, but energy development is only truly meaningful for local economy and communities when small -and mid-caps are present and striving.
Iran has the world’s fourth largest proven crude oil reserves at 158 billion barrels (after Venezuela, Saudi Arabia, and Canada) and the world’s first proven natural gas reserves at 1,183 trillion cubic feet.
The number of new gas to power (G2P) project announcements has swelled in recent months across diverse markets, including Asia, Africa and Europe — but potential challenges need to be considered.
Mexico Petroleum Company’s focus is on upstream opportunities in Mexico.
Being able to collaborate with the leaders of this industry to ultimately unlock new opportunities for our clients and promote innovation, development and growth in the oil & gas sector.
I foresee that 2016 and 17 will be tough years for the industry so our key focus areas will be to maintain the balance between revenue and cost and only invest in projects that generate near term free cashflow.
Since a couple of years, our clients are having to transform as the market is adapting. The focus is on lower field development and operations costs, quicker project life cycle, shorter schedule, reduced risk profile, all of which will improve their projects economics.