How to Optimize Your Oil & Gas Upstream Portfolio; Upstream Portfolio Management (part 2/2) Portfolio management or optimization of the portfolio is being referred to by several leaders in energy sector. This article presents an introduction to the topic and intends to introduce how portfolio management is done in E&P sector.
How to Optimize Your Oil & Gas Upstream Portfolio; Upstream Portfolio Management (part 1/2) Portfolio management or optimization of the portfolio is being referred to by several leaders in energy sector. This article presents an introduction to the topic and intends to introduce how portfolio management is done in E&P sector. Part 1/2: Asset Level […]
The discussion about focus has received a lot of attention in the media recently. Daniel Goleman the mastermind behind the Emotional Intelligence has published a great book on the same topic. Then I came across a cartoon that it really stroke me out, a cartoon that has a track record back in 1985.
We are about to close 2013 and open the chapter to 2014. There are few hot discussions in the energy industry and in particular in upstream sector that worth pointing out.
We all live in styles. In facing challenges, in life or at work, we do the same; we tackle the matters and find our way out of the problems in a very distinct fashion. So, we all have our own leadership styles (also read about personality types here). This article reviews few of the leadership […]
I am thinking about writing on project development performance and the areas that can be improved to enhance the economics of the upstream projects. Your response to the following poll can help to determine the main areas of concern that I should focus on. Please pick the top 3 issues on each poll. Appreciate your […]
How companies’ culture impact their behavior, and their strategy. If you are part of an upstream asset team (or business unit) you must have heard your seniors comment on strategy as ‘this year the production is the king’, or’ next year reserves will be the king and production the queen’. By these directions, he or […]
This is not a secret that the upstream oil and gas has been steadily disappointing the investment community over past few years (see Booze & Co review). The sector is and will be crunching bigger and more challenging projects such as LNG, offshore deep-water and unconventional projects – oil sands, shale gas/oil – which demand […]
In the past few decades, the upstream sector has been observing a steady shift of control over majority of the oil and gas reserves from large integrated oil & gas companies (IOC) to national oil companies (NOC). The other gradual shift is that the oilfield service companies (OSC) have started to provide risked based services […]
With the ramp up of the crude prices, rush to the Canadian oil sands accelerated in 2006. The market observed multi-billion dollar upstream deals mainly driven by Asian NOCs taking over a complete corporate or an asset. Often the takeover indicated premium price uptick that fueled the speculation that the buyers must have a different […]