To be successful in this environment, companies should be agile, innovative, and focused. Sustainable development, commodities pricing, risk management controls, capital investment, non-conventional energy reserves, and mergers and acquisitions are just some of the challenges that constantly test even the most integrated and established Oil & Gas companies.
The Oil & Gas sector deals with long project timelines in sometimes remote locations. Framework and governance is needed to bring new supplies on-line within budget. Junior companies to large integrated operations should keep sustainability, rising costs, security of supply, and market entry and expansion in mind to successfully develop sector leading decision models.