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Oil & Gas Diversification Opportunities
diversification, Scottish oil and gas companies can build new revenue streams, new capabilities and new solutions so they are better able to respond to whatever new challenges and opportunities the future may bring. This guide has been designed for Scottish oil and gas companies with an interest in new markets and new opportunities. Split into three sections — Sectors, Oil & Gas Segmentation
Diversification Opportunities for the Oil & Gas Supply Chain
Oil & Gas Supply Chain Diversification Presented by: Douglas Hyslop Where: Village Hotel, Aberdeen When: 2nd August 2016. Investment Promoting Scotland as a leading hub for renewable energy innovation Create globally competitive supply chains and support companies to win business in key markets Securing manufacturing commitments that result in the creation of HVA jobs. Supporting
Oil and Gas Diversification: High Potential Areas, Key
Oil and Gas Diversification: High Potential Areas, Key Challenges (Operations & Maintenance) • Presentation coverage Agenda Serving both O&G and Offshore Wind: a marriage made in heaven or a marriage of convenience ? BVGA ~ Selected clients Business advisory BVG Associates • Analysis and forecasting • • Strategic advice • • Business and supply chain development Technology
Diversification: A new chapter for the oil and gas
27/02/2019· Such dynamism is evidenced by the number of UK oil and gas service companies increasingly considering diversification strategies into new industry sectors such as industrial, power generation, renewables and even more broadly. Diversifying into new industry sectors and markets can help organisations to insulate themselves against continued oil and gas cyclicality, by opening access
Energy transition: diversifying oil portfolio KPMG
20/08/2018· This is not the first time that the oil sector has experimented with diversification. During the 1980s, when oil prices were very low, companies owned a variety of businesses, including mining, pet food, typewriter manufacturing etc. These mostly did not go well or end well, which shareholders do or ought to remember. Managements at the time justified them “as applying our skills in
Oil and Gas Diversification: High Potential Areas, Key
Oil and Gas Diversification: High Potential Areas, Key Challenges (Operations & Maintenance) • Presentation coverage Agenda Serving both O&G and Offshore Wind: a marriage made in heaven or a marriage of convenience ? BVGA ~ Selected clients Business advisory BVG Associates • Analysis and forecasting • • Strategic advice • • Business and supply chain development Technology
Diversification: A new chapter for the oil and gas
27/02/2019· Such dynamism is evidenced by the number of UK oil and gas service companies increasingly considering diversification strategies into new industry sectors such as industrial, power generation, renewables and even more broadly. Diversifying into new industry sectors and markets can help organisations to insulate themselves against continued oil and gas cyclicality, by opening access
Oil and gas diversification
Oil and gas diversification Offshore wind NORWEP. 2/43 BVG Associates A renewable energy consultancy focusing on wind, wave and tidal, and energy systems Leads our work on oil and gas diversification and is one of our leading experts in the offshore wind energy supply chain. Key focus is the development of the sub-supply chain across the renewables spectrum Published a number of
Energy transition: diversifying oil portfolio KPMG
This is not the first time that the oil sector has experimented with diversification. During the 1980s, when oil prices were very low, companies owned a variety of businesses, including mining, pet food, typewriter manufacturing etc. These mostly did not go well or end well, which shareholders do or ought to remember. Managements at the time justified them “as applying our skills in
Why Innovation, Not Diversification, Is Key To The Oil And
28/04/2021· Yesterday I wrote about some tone-deaf advice provided by Energy Secretary Jennifer Granholm to the oil and gas industry. Granholm advised oil and natural gas companies they must diversify if they
How to diversify oil-producing economies Economic
09/01/2018· Many oil- and gas-rich countries have either announced or put in place policies to reduce their dependence on oil by diversifying their economies. This column argues that the key is to shift the focus away from the end goal of diversification and towards the transformation process of how to get there. 3 share; a. A. In a nutshell. The focus on the end goal of diversification has too long kept
The oil and gas sector needs to diversify if it wants to
04/10/2017· The fact of the matter is that oil and gas companies need to start planning for a low-carbon future and embrace the opportunities it presents. One approach is to diversify their products and
CATHIE: A Case Study in diversification Oil & Gas UK
CATHIE: A Case Study in diversification. Over the past decade, offshore geoscience and geotechnical engineering consultancy Cathie has increasingly focused on renewables and offshore wind in particular while still serving its traditional oil & gas market. Business Development Director Gareth Ellery outlines why it’s a potential path to prosperity for supply chain companies. CATHIE
Floating offshore wind presents diversification opportunities
01/03/2021· This increased flexibility again reflects the oil and gas sector's experience of FPSOs. Sharing expertise. We are already seeing traditional energy companies announce their commitment to clean energy as part of their diversification plans, a shift that is likely to gain further momentum as part of the UK's transition to a net zero economy by
Has Poland’s Energy Diversification Drive Paid Off
25/04/2021· Poland’s drive to diversify energy imports has been an important topic for the nation for a very long time, and while the natural gas story is often catching the headlines, its oil imports
Oil and gas diversification
Oil and gas diversification Offshore wind NORWEP. 2/43 BVG Associates A renewable energy consultancy focusing on wind, wave and tidal, and energy systems Leads our work on oil and gas diversification and is one of our leading experts in the offshore wind energy supply chain. Key focus is the development of the sub-supply chain across the renewables spectrum Published a number of
Oil & Gas Portfolio Management: Upstream
Portfolio optimization for upstream oil and gas companies Deloitte Upstream Diversification Index two-part series Balancing investments, production, and returns in today's lower-for-longer oil price environment is becoming a major challenge for exploration and production (E&P) companies.
A Digital Diversification Playbook for Oil and Gas
06/07/2020· As resource-intensive and risky as entering an unfamiliar segment of the energy business can be, the best route to diversification for some oil and gas companies could be via partnerships, alliances, and joint ventures. In that context, the connected supply network becomes a full-blown ecosystem in which business partners, suppliers, and even customers are engaged with one another,
Oil and gas diversification opportunities BVG Associates
18/01/2017· Scottish Enterprise’s agency’s Oil and Gas Diversification Opportunities guide highlights the fact that the UK has more offshore wind than any other country, having attracted £10 billion of investment between 2010 and 2015. A further £18 billion will be invested in new projects between 2016 and 2020. Scottish Enterprise highlighted two companies that have diversified from oil and gas
Supporting diversification from oil and gas to
12/06/2017· AREG is actively supporting diversification of oil and gas skills into renewables and working closely with Aberdeen City Council’s trade and inward investment team to help shape the city’s approach to trade development activities and new investment opportunities to benefit the local economy. Part of our strategy is to identify and drive forward projects that will bring economic development
Shift to green energy 'could cost oil states $13 trillion
11/02/2021· 'Diversification' Some of the countries facing severe losses from existing or potential oil and gas production are among the poorest. The report says diversification of government revenue
Oil & Gas’s future: diversify into clean electricity, new
28/01/2020· The oil and gas industry is not doing nearly enough to meet Transition targets, says the IEA.Only 1% is invested in non-core activities.That needs to rise to 15% within 10 years.The IEA’s article summarises their comprehensive report “The Oil and Gas Industry in Energy Transitions”, released this month.It explains how the industry’s existing skills and “deep pockets” make them
Oil volatility, oil and gas firms and portfolio
01/02/2018· Given that volatility transmission across oil and major oil and gas corporations is important for portfolio diversification and risk management, we also examine optimal weights and hedge ratios among the aforementioned series. Our results point to the existence of significant volatility spillover effects among oil and oil and gas companies' stock volatility. However, the spillover is usually
Diversification strategy is paying off for Wood News
10/05/2019· About 40% of our business is non oil and gas.” Wood’s oil and gas activities in the UK North Sea now account for less than 5% of turnover in another major
Has Poland’s Energy Diversification Drive Paid Off
25/04/2021· Poland’s drive to diversify energy imports has been an important topic for the nation for a very long time, and while the natural gas story is often catching the headlines, its oil imports
Oil and gas diversification
Oil and gas diversification Offshore wind NORWEP. 2/43 BVG Associates A renewable energy consultancy focusing on wind, wave and tidal, and energy systems Leads our work on oil and gas diversification and is one of our leading experts in the offshore wind energy supply chain. Key focus is the development of the sub-supply chain across the renewables spectrum Published a number of
Oil and gas diversification opportunities BVG Associates
18/01/2017· Scottish Enterprise’s agency’s Oil and Gas Diversification Opportunities guide highlights the fact that the UK has more offshore wind than any other country, having attracted £10 billion of investment between 2010 and 2015. A further £18 billion will be invested in new projects between 2016 and 2020. Scottish Enterprise highlighted two companies that have diversified from oil and gas
A Digital Diversification Playbook for Oil and Gas
06/07/2020· As resource-intensive and risky as entering an unfamiliar segment of the energy business can be, the best route to diversification for some oil and gas companies could be via partnerships, alliances, and joint ventures. In that context, the connected supply network becomes a full-blown ecosystem in which business partners, suppliers, and even customers are engaged with one another,
Scottish Oil and Gas Diversification Opportunities Heat
Scottish Oil and Gas Diversification Opportunities Final Report Rev 1 6 December 2017 10 1. Introduction 1.1 Overview In the current global low oil price scenario, it is vital that Scotland’s oil & gas sector should adapt itself to be resilient. In order to prosper, companies must now look to implement different strategies. This includes re-assessing how they currently serve existing
Oil for diversification Stears Business
29/09/2015· This is the point stressed by Ildar Davletshin, Head of oil & gas research at Renaissance Capital, who argues for the continued importance of oil & gas in driving the development and diversification of the Nigerian economy. Going further, he highlighted pipeline security, the structure of the NNPC and fiscal reform as key prerequisites for progress in the industry.
Oil & Gas’s future: diversify into clean electricity, new
28/01/2020· The oil and gas industry is not doing nearly enough to meet Transition targets, says the IEA.Only 1% is invested in non-core activities.That needs to rise to 15% within 10 years.The IEA’s article summarises their comprehensive report “The Oil and Gas Industry in Energy Transitions”, released this month.It explains how the industry’s existing skills and “deep pockets” make them
Shift to green energy 'could cost oil states $13 trillion
11/02/2021· 'Diversification' Some of the countries facing severe losses from existing or potential oil and gas production are among the poorest. The report says diversification of government revenue
European energy diversification: How alternative sources
09/01/2020· A proposed continuation of the Southern Gas Corridor (SGC) could spur diversification of the Western Balkans and deliver a new source of gas to Europe from the Caspian region. The SGC gas infrastructure project is comprised of three pipelines: the South Caucasus Pipeline Expansion (SCPX), the Trans-Anatolian Natural Gas Pipeline (TANAP), and the Trans Adriatic Pipeline (TAP). TAP’s final
LNG regas terminals: Diversification the way forward
01/04/2018· Looking ahead, McKinsey Energy Insights Gas Intelligence Model projects that the share of LNG in the global gas trade will grow from ~10 percent in 2017 to ~13 percent by 2030, gaining share vs pipeline and gas-consumed-where-produced due to the growing distances between supply and demand centers. Regasification infrastructure, mainly in Asia, is expected to grow accordingly.
The Oil and Gas Industry in Energy Transitions Analysis
Oil and gas companies have been proficient at delivering the fuels that form the bedrock of today’s energy system; the question that they now face is whether they can help deliver climate solutions. The analysis in this report highlights that this could be possible if the oil and gas industry takes the necessary steps. As such, it opens a way which some companies are already following