Asia Pacific Spotlight
ERCE has been busy in 2019.
Find out what we have been up to in the latest issue of the Asia Pacific Spotlight. Check out our other articles to learn more about the industry in the region.
In this issue:
- ERCE APAC wins BritCham Award
- Kuwait-Iraq Cross-Border Project
- ERCE presents at SPE workshop
- Global Price Update
- ERCE's new M&A Tracker
- NOC IPO's To list or not to list?
- Sponsoring PCWA Sundowner
- ERCE Singapore Team Grows
Singapore Office Win BritCham Award
ERCE Singapore is the 2019 winner of the British Chamber of Commerce Singapore award for Start Up Excellence at the 20th anniversary of the Annual Business Awards.
ERCE Award Kuwait-Iraq Cross-Border Project
With industry activity picking up, the mega-project may rise again. The complexity of these large scale projects often results in budget overruns and schedule delays. In this article we will discuss the causes of these overruns, try to understand the consequences and then assess methods and strategies to combat these issues.
SPE Reserves & Resources Workshop
ERCE's Adam Becis and Mike Cuthbertson attended the Society of Petroleum Engineers International Workshop: Reserves and Resources Estimation in Perth, Australia in June.
During the workshop Adam presented on "Ensuring Consistency in Resource Estimation Techniques". A wide range of other topics were covered during the workshop with areas of focus including the 2018 SPE PRMS, regulatory & financing perspectives, economics & commerciality, new technology and unconventional resources.
Global Price Update
Oil prices have remained relatively stable since June despite the Saudi Arabia attacks and Persian Gulf unrest. The Brent-WTI spread narrowed to less than $4 per barrel in August after US production and export growth from increased Permian pipeline capacity. Global gas prices have seen reductions with increased LNG supply from new export terminals in the USA, Australia and Russia.
ERCE's New M&A Tracker
ERCE’s new Global Upstream M&A Tracker is a quarterly product that provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level.
Find out more about the M&A Tracker and how we can support your commercial activities and decisions.
NOC IPO's – To List or Not to List?
With the industry abuzz with Saudi Aramco’ potential IPO, we look at who the NOCs in the APAC region are and who is listed.
We also cover the benefits and negatives for listing on a stock exchange.
ERCE Sponsors PWCA Sundowner
In September ERCE attended the Good Oil Conference in Perth, Australia. High on the agenda were major discoveries in Western Australia over the past year.
ERCE were also proud to sponsor the Petroleum Club WA Sundowner again this year.
ERCE Singapore Continues to Grow
Our Singapore office continues to grow with the continued addition Zhamal Orazbayeva as Principal Economist.
Click on the link to find out more about Zhamal and all our Singapore & London staff.