Market Intelligence
& Interviews
Informed articles from the go-to people in the oil and gas industry
New Technological Frontiers in the Oil and Gas Industry
The oil and gas sector has embraced innovation since its beginnings in the 19th century, and its response to the digital revolution now unfolding continues this tradition. Powerful new technologies, such as artificial intelligence (AI) and cloud applications, have upgraded or overtaken old ones.
The Quest for a Balanced Host Government Contract: an MSGBC Basin Perspective
Local content is increasingly a priority for host States in Africa when negotiating HGCs. Unfortunately, on many occasions the provisions end up as little more than simple requirements to source labour and materials locally or contribute to a training fund, without taking into account the capacity of local industry to meet the demand or how best to increase that capacity.
Cheikh Benhmeida, Sepco Industries SA
A genuine effort of identification of possible candidates throughout the region to be accompanied by operators to become visible examples for others to follow and compete with. In my view, this is the only sustainable impact, which can continue beyond extractive industry limited activities period.
Jose Penafiel
Latin America has rightly been identified as a region that has tremendous potential. There are many basins which have been underexplored and contain large potential conventional prizes to be claimed.
Vance Querio, CEO, Oryx Petroleum
The MSGBC Basin is an attractive region to do business for a number of reasons. Most importantly the basins geologic characteristics provide the potential for sizable discoveries of hydrocarbons as demonstrated by a number of operators already.
Bertrand Montembault, Partner, Herbert Smith Freehills
As a firm we have also invested heavily in technology and innovation over the past few years, and a continuing priority is to ensure that we harness the developments in technology and digitalization to continue to drive efficiencies and innovation in the provision of our legal services.
EPEUS – Which one was yours and why will the next one be better?
Based on our own analysis, explorers, especially small independent oil companies, are still struggling to find potential investors for their projects. The current oil prices and its uncertainties have made the struggle even harder than what it was pre-2014.
Shearwater GeoServices – Changing The Face of the Seismic Sector
From the depths of the downturn a new contractor has emerged with ambitious plans.
Sean Guest
Our gas-condensate discovery in Turkey created a very significant increase in our share price. It was a very exciting time as we tested the well and then were able to raise all of the capital required for our appraisal program.