Market Intelligence
& Interviews
Informed articles from the go-to people in the oil and gas industry
Informed articles from the go-to people in the oil and gas industry
John says that to create a successful business you have to create a scenario where everyone, on all levels, care about the people that they work with.
In 2017 we saw a continuation of the upturn in upstream M&A which began in late 2016. The oil & gas industry has been through a sustained period of focus on cost cutting but, as the oil price stabilises, many players are now seeing an opportunity to refocus on growth.
Given the positives associated with Canada outlined herein, we have set up a Canadian office in 2016 and have completed five local investments. We continue to see strong deal flow in a market underserved by capital providers.
With our unique 3 coast reach, we are well positioned to help producers reach desirable domestic and international markets.
Key challenges according to Joel are – discounted prices as a result of limited market access and regulatory hurdles and lack of institutional interest.
Following some exciting world-class discoveries, the oil and gas industry’s eyes were all on the MSGBC Basin. Soaring to the top of the list as Africa’s most exciting new E&P hotspot, the basin was the new “cool kid on the block”. However, this excitement has recently been dampened by some disappointing results…here’s why you might want to hold back that judgement for now, and why the MSGBC Basin should still be on your radar in 2018.
The African oil and gas industry continues to evolve. Our clients are optimising efficiencies across the value chain, strengthening balance sheets and introducing new technologies, whilst continuing to navigate complex regulatory environments, geopolitical risk, disputes and market disruption. Our specialist Africa oil and gas team is helping our clients shape new strategies to continue to grow and deliver value to stakeholders.
North and East Africa will represent the main opportunities for growth within the industry and the continent and Egypt will certainly be at the forefront of this wave of opportunities.
Until we can make it easier for investors and local companies to play a more prominent part of Africa’s development story then the same old challenges and barriers to growth that we see today will exist long after even the natural resources are gone.
The growing environmental concerns about extractive industries like Mining and Oil & Gas industries need to be managed by a key player, who is able to follow its clients anywhere, at anytime with the best international practices in environment protection.