The third quarterly review of 2018 shares insights from around the world and looks at the trends that are shaping the future of energy companies.
Halfway through 2018, in the fourth year of the “deepest and longest” market downturn on record, it seems an apt time to reflect on the current state of play. Download the Quarterly review here.
The second quarterly review of 2018 shares insights from around the world and looks at the trends that are shaping the future of energy companies.
Our approach remains to be an open source, impartial platform that aggregates content for our membership. This Quarterly Review, like the ones before it, reflect the views of our members and followers all around the world. Download the Quarterly here.
The first quarterly review of 2018 shares insights from around the world and looks at the trends that are shaping the future of energy companies.
How will 2018 unfold? What we know unequivocally is the energy transition is here. It’s cascading across every continent that our members operate within, causing wide-scale revelation of business models, and redefined relationships between industry and society. Read what our members think of this new environment.
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.
We can all think of corporate acquisitions that have gone wrong, and the reasons for failure are many. In the oil and gas world, acquisition of assets rather than companies are commonplace, especially in times of rising oil prices.
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.
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.
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.
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.
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.
From the depths of the downturn a new contractor has emerged with ambitious plans.
We have seen the entrance of many Private Equity backed independents into the US GOM, and the expansion of some traditionally shallow shelf focused players further out into the deep water, deep rock plays.
NXT recognized this challenge in the industry and has developed a tool in the form of its patented SFD® technology which can assist companies in highgrading their exploration portfolios and prospects and significantly improving their commercial success rates in drilling
The oil and gas industry saw a steady decline in deal activity over the course of 2017. Will this trend continue in the year ahead?
Corporate and private equity executives foresee an acceleration of merger and acquisition (M&A) activity in 2018, both in the number of deals and the size of the transactions.