Demand and price volatility. Cost pressures and margin erosion. Regulation and compliance. The operational risks within the oil, gas and liquids sector continue to challenge traditional business models.
New ways of thinking about upstream, midstream and downstream operations are required as the generation mix changes. LNG, shale gas and renewable energy sources are all shaking up the traditional value chain. Decline in production has placed operational efficiency, asset optimisation and portfolio optimisation at the top of the agenda. REMIT demands greater scrutiny of energy trading and risk management. Post-merger integration of assets or businesses is critical for companies that have opted for acquisition to improve their commercial position.
Baringa has worked with some of the world’s biggest oil companies, transmission systems operators and energy traders to reduce operational risk and improve commercial decision-making. We have helped clients optimise the format of assets, reduce energy market risk, enhance energy trading capabilities, and improve the quality and availability of management information.
Our cross-commodity perspective, understanding of the entire value chain, and deep specialist skills in asset valuation, operational excellence and commercial optimisation means we partner with organisations for the complete project life cycle: from strategic investment decision to launch of operational capability.