Equinox Advisory’s Oil & Gas practice serves the conceptualisation, identification, technical feasibility, legal feasibility, market feasibility, risk identification and mitigation, permitting and detailed design (including front-end) areas of the industry: We advise government-, national-, and commercial- owned oil and gas companies to get their investment strategies right and to capitalise to the maximum extent possible on arising market opportunities. We also provide specialised technical assistance for project conceptualisation, planning and design.

Our oil & gas experts combine regional experience and proprietary models to ensure the best value for money for our clients. Our present outreach extends to Europe, Africa and the Middle East.

We work hand-in-hand with oil & gas companies at all levels of the organisation to identify, evaluate and quantify the risks and opportunities presented by industry projects and to subsequently optimise solutions, provide decision support and ultimately implement those solutions that produce the most profitable results for our clients across the value chain they are involved in.

Energy Demand

Given the scale of the investments and the project implementation times in the oil & gas industry, one of the critical success factors is the identification of energy demand, supply sources and their trends. Having a far-reaching foresight can give a market player in the oil & gas industry a considerable edge over competitors, while positioning it to compete better in evolving industry landscapes.

Invariably, demand analysis and forecasting can only be insightful if informed by consumption, population and economic activity trends, exploration discoveries, energy source pricing trends and relative price points, evolving infrastructural investments, redundancy and resiliency, regulatory policy directions, technological and innovation changes, substitution and shifting to alternative forms of fuels and the geo-political environment.

This is why the past data analysis-driven demand forecasting solutions offered by several of our competitors are always a step behind. Some disruptive occurrences cannot be inferred from past data, but nevertheless need to be modelled into decision-making scenarios that are required to drive oil & gas entities forward into an uncertain future.

Finding, extracting and refining oil & gas matters, but maximising the value of existing known reserves sometimes matters even more. The oil & gas industry is expected to keep facing competition from mature and developing alternative energy sources. Pressure on market players to ensure that every unit of extracted oil & gas contributes the maximum economic value to their operations is therefore likely to mount over the coming years, necessitating increased efficiency gains over time.

How Equinox Can Help You

For any given project, we can help you determine whether there is a commercial opportunity and the best way to develop and make that opportunity materialise. In doing this, we would usually look at the scope of the project, list all conceivable solutions, shortlist them on the basis of ad hoc criteria like technical, commercial, social, economic and political parameters and then model those options surviving the shortlisting to ensure that the best solution is identified.

In order to carry out this phase of the project, we would normally undertake the following studies, when applicable:

  • Field Development Planning
  • Technical Pre-Feasibility Study (Pre-FEED)
  • Cost Benefit Analysis
  • Regulatory Analysis
  • Risk analysis, Identification and Mitigation

Once the initial set of studies has been undertaken to identify the project in its most important aspects, the next steps would normally be to convert the maximum value option into a successfully deliverable, safe and reliable project meeting the identified expectations and constraints. During this phase of the project, we would normally undertake the following studies, when applicable:

  • Optimised Engineering Solutions
  • Geological Studies
  • Seismic Studies
  • Bathymetric Studies
  • Front End Engineering and Design (FEED)
  • Detailed Design
  • Occupational Health and Safety Measures
  • Permitting
  • Project Management

The last phase of the project is that which implements the chosen, optimised option that has been designed in detail. Equinox does not have the skills or the equipment to get involved in the physical laying or decommissioning of the infrastructure and usually gets involved in delivering this phase through contracting, monitoring and project implementation. Usually, this phase of the project is more hands-on and would entail:

  • Project Monitoring
  • Corrective Action
  • Debottlenecking
  • Decommissioning, Abandonment and Restoration

With our oil & gas services unit, we can deliver integrated oil & gas solutions from wellhead to electricity distribution, as well as more run-of-the-mill services from psychometric-based recruitment all the way to organisational re-engineering. For more details on how we can be of assistance, please feel free to get in touch with us here.

For more information on how we can be of help in your specific circumstances, please contact us here.

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