Oil and gas companies face comprehensive challenges: Reducing costs in the face of a volatile oil price and increasing the reserves either by acquisition, successful exploration or enhanced production methods. The response to these challenges is a continuous demand for consolidation and asset rationalisation in both the upstream and downstream sectors of the business.
COWI offers support and solutions to operators and decision makers. We build our business consultancy on our strong technical expertise in the oil and gas sector, combined with specialist knowledge of economic, financial and strategic tools.
Our asset management services cover support dealing with regulatory frameworks, liability and due diligence activities in connection with mergers and acquisitions. We also provide supply chain management services to increase availability and optimise OPEX (Operational Expenditure) reductions and life cycle cost reviews associated with consolidation and rationalisations.
Essentially, we assist our clients in making management decisions by asking them the right questions. We provide management system support during the entire decision making process, including the identification of business opportunities, identification and quantification of risk and uncertainties and preparation of probabilistic techno-economic risk analysis.