Fail Fast, but Learn Faster – Going Global, Alberta!

  Today, Alberta carries a sustained budget deficit of $10.64b (FP, GoA), at about 10% unemployment rate, and Calgary, once the fastest growing city in Canada sits at 30% office vacancy rate and 7% residential vacancy rate (25Y all time high). The question is that will Calgary become like Detroit? Has Canadian oil and gas […]

What Do You Know About The IPC By-Law?

On 3 August 2016, the Council of Ministers of Iran approved a document described as the by-law governing the IPCs (the “By-law”). It should be noted that the By-law approved is not the Iran Petroleum Contract (the “IPC”). The IPC is still being finalised by the National Iranian Oil Company (the “NIOC”). The By-law was […]

What’s Up With The IPC (interview with JPT, Sep’2016)

Part of our CEO’s interview with Journal of Petroleum Technology (JPT) which is to be published on September 2016. Please contact us if any questions. How is the Iran Petroleum Contract now shaping up? What does it hold for potential international companies wishing to invest in Iranian projects? The Iran Petroleum Contract has gone through several phases of scrutiny by the […]

Can Canadian Companies Do Business with Iran?

This is a simple question, but there is not a simple “Yes” or “No” answer to it, at least not yet (up to the date of this post). Up until the 5th of February 2016 the answer to the above question was “No”. Regardless of  whether you wanted to export oilfields equipment, provide services, consulting, receiving your invoices, etc. the […]

Aramco Going Public? Where is the Catch?!

What is Saudis agenda of taking Aramco public? Saudi’s are not pleased with gradual shift of foreign policy of the US in the Middle East and in particular West’s recent agreement on containment of Iran’s nuclear ambitions (JCPOA). Once US’s strongest ally, Saudis see this as a shift towards strengthening Shia’s state in different fronts including […]

Iran Upstream Opportunities (OGFJ publication) – Jan’2016.

We are pleased to let you know that our article about “Iran upstream opportunities” was featured in Society of Petroleum Engineers website (SPE) as well as in Oil & Gas Financial Journal, Dec’2015 edition. The article is a digest review of the Iran’s upstream opportunities, NIOC, IPC and country risk profile. Subscribe in our newsletter to stay […]

Are We Heading Down to a Double-Dip?

The commodity price violation has two sides. One side is the economics of supply-demand, and the other side few wild cards that can surprise the market over night! You need a magic ball to forecast the oil price and guess whether we have passed the bottom or not. Quite a few investment bankers foresee a […]

The Impact of Oil Price Plunge on Global Regime Attractiveness

One of the impacts of the global oil price plunge in 2015 is on the relative attractiveness of some host countries versus others. The following is a brief review on recent analysis by Palantir which was presented in SPE Calgary chapter (see the full report here). The assumptions: Medium Oilfield 100 million bbls; lifting cost […]

How Can You Do More With Less?! Survival Strategies for Capital Projects in Low Oil Price Environment

The plummeted oil price environment provides a great opportunity for growth through acquisition. Oil and gas companies (especially NOCs) are busy with screening opportunities and targeting those which can improve the value of their portfolio. Taking the advantage of current oil price environment (WTI $50/bbl, Jan 2015) may not be easy for oil sands players in […]

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