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 […]

Interface and Integration Management in Major Capital Projects

Interface and Integration Management in Major Capital Projects; Why, Who, When and How? Why did I put Interface and Integration Management at the same level; frankly because in my experience although interface management is part of integration management, the weight of interface management is so significant to the success of project integration. Both are voted among top […]

Good, Bad and Ugly; World Energy Investment Outlook 2014

How can world invest wiser on energy? Problems, risks and opportunities in 2014-2035 world energy investment outlook.   Bad (I know, bad comes first here!) According to IEA in World Energy Investment Outlook 2014, 80% of  upstream oil & gas investment offsets output declines at today’s fields. Also one-third of power generation investment is to replace plants […]

How to Mitigate the Risk of Value Loss in E&P Mega-Projects (Project Risk)

How to mitigate the risk of value loss in E&P mega-projects; Oil and Gas project economics. In a keynote presentation at the 2014 Offshore Technology conference (OTC) in Houston, Texas, IPA Manager of Exploration & Production Neeraj Nandurdikar argued that in the last decade poor project execution and/or poor project selection practices have led to a […]

Growth Strategy and Company Behavior; Upstream Strategy.

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 […]

Why Upstream Profit is Going South?

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 […]

7 Factors to Succeed in Canadian Energy Sector

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 […]

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