Expert Insight

David Baker, Tom Bartlett, Richard Jones, and Paul Griffin, White & Case
Historically, the attitude towards decommissioning disused offshore oil and gas platforms—'abandonment' as it was previously known—has been largely negative, with companies viewing mature installations as a burden rather than an opportunity for a new source of revenue. But the mood has changed.
Richard Norris, Oil & Gas Advisor,, Helios Investment Partners
Maybe there was a certain pride, nay, smugness around the O&G industry a few years ago... and despite the last 3 years of "downturn", remnants of this may even remain in some corners. The reality now though, is that we are proud of an industry that is elsewhere perceived to be akin to tobacco, armaments and banking, vying for last place in the popularity stakes. At drinks and dinners, say you work in "Energy" not Oil... and feel the different reaction you get.
Nyonga-Fofang-Bambili-Group
Nyonga Fofang, Managing Director, Bambili Group
With a year of political upheavals in the US and Europe behind us, but predictions of further disruption ahead, what is the outlook for companies in the African energy space? It’s a new year, 2017, following Brexit, the US elections and gyrations in the oil and gas sector, among other sources of turmoil. Despite uncertainty, it’s time for African oil and gas firms to look forward.
white-and-case
Philip Stopford, Jason Webber, Michael Polkinghorne, Partners, White & Case
International oil and gas companies have long had difficulty reconciling the long-term and high-cost investments demanded by the upstream oil and gas business with the shorter term thresholds and measures adopted by the equity and debt markets. It is becoming apparent that these traditional, commercial tensions are being joined by legal tensions in the identification and application of the obligations, liabilities and rights of the parties over the long term of many of the agreements on which natural gas investments are made.

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