As a Japanese standard university student in the 20th century, I entered Osaka Gas as soon as I graduated. I wanted to do something important for Japan with poor energy resources. At the time of my graduation, Japanese oil companies and upstream companies were not well known among university students and I chose a utility company which had established close and good relationships with end users.
Energy projects in Brazil and their sponsors remain virtually isolated from access to competitive international sources of project finance, as they are denominated in USD, which increase the FX risk.
Our biggest challenge is probably our best asset. We are very thorough when we review a project or accept a mandate for a client.
Dr Nick Cooper was appointed as an executive director and Chief Executive in June 2011. He is a member of the Nomination Committee. Prior to joining Ophir, Nick Cooper was Chief Financial Officer and co-founder of Salamander Energy plc.
KrisEnergy has put on stream two greenfield oil projects in 2015 in the Gulf of Thailand, one of those was our first as the operator, so this has been a big year in our evolution as a relatively young start-up company (2009). Looking ahead, we have two gas developments in Indonesia and one oil development in each of Thailand and Cambodia all planned to go into production in late 2017/early 2018. That should keep us very busy over the next couple of years.
If the oil price stays low there will likely be more company consolidation and sharing of services in the market. We are continually reviewing options in these areas but they need to fit strategically and be financially robust.
Having moved from a construction to operations phase on two major LNG investments, Santos’ focus is on delivering every barrel as safely and efficiently as possible.
I firmly believe that true integration and collaboration between operators and service companies is one of the largest opportunities we have and one that is required to really improve productivity at lower costs.
Grow my company’s presence in Asia both in terms of trading of energy and securing associated investments in energy infrastructure.
Our biggest priority today is managing our business through low commodity prices and strategically positioning the company for the next upcycle.
AAG is the leading independent CBM producer in China, focus on the development and value optimization of unconventional gas resources to supply clean energy to the Chinese economy.
Our current focus at Mitra is on getting to first production with the gas discoveries that have been made in the Malay Basin in Vietnam.