KPMG has appointed Emma Wild as Head of Upstream Oil Advisory in the UK, a newly created role. Emma joins from Lloyds Bank where she managed the technical aspects of the bank’s upstream investment portfolio, recommending opportunities in the North Sea, Europe, West Africa, and Australia, as well as driving the oil and gas team strategy. Previously Emma was with RISC specialising in upstream M&A and asset valuations.
Anthony Lobo, Head of Oil & Gas and transaction services partner at KPMG, commented: “Emma has over 15 years experience and a strong background in reservoir engineering, having held various technical, commercial and consultancy roles around the globe since 1997. We are delighted to welcome someone with such impressive technical expertise to the firm. While the M&A market has been generally flat, we have seen and continue to see transactions worth billions agreed across the world in oil and gas. Our Upstream Oil Advisory team, which is made up of around 100 KPMG experts, gives independent advice to international companies as they make strategic investments and divestments and national oil companies as they seek to develop local capabilities and internationalise their asset base.”
Emma Wild, Head of Upstream Oil Advisory and transaction services director, added: “The global oil and gas industry is evolving rapidly. Companies need to make informed, strategic investment decisions and, as such, we need to ensure we’re able to provide an integrated service to our clients, which brings in commercial strategy, deep technical understanding and independent financial analysis. Perhaps one of the most interesting areas of development is the changing approach of national oil companies (NOCs), which are becoming increasingly self-sufficient and expanding their resources outside of national territories as they seek to ensure security of supply, even if indirectly. Our proposition goes beyond traditional transactions advice. For example, we are currently working with a number of NOCs around the world to identify and screen acquisitions, recommend operational best practices and optimise joint venture partnerships.”
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For further information please contact
Sorrelle Cooper, Senior PR manager, KPMG: +44 20 7694 8527
KPMG Press Office: 020 7694 8773
Notes to editors:
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 11,000 partners and staff. The UK firm recorded a turnover of £1.7 billion in the year ended September 2011. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 150 countries and have 138,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.