Operational and commercial risks within this sector continue to challenge traditional business models. They include demand and price volatility, cost pressures and margin erosion, and regulation and compliance.
New ways of thinking about upstream, midstream and downstream operations are coming with changes in the consumption of energy and equally LNG, shale gas and renewable energy sources are shaking up the traditional value chain.
Operational efficiency, asset optimisation and portfolio optimisation are at the top of our clients’ agendas. The EU’s 2011 Regulation of the European Parliament and of the Council on wholesale energy market integrity and transparency (REMIT) demands that they look at energy trading and risk management more closely.
We work 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 help our clients optimise their format of assets, reduce energy market risks, enhance energy trading capabilities, and improve the quality and availability of management information.