SPE Monthly Meeting - Dec 2020
"Majors Out; What learnings can be taken from the North Sea to allow SE Asia to prosper?" by Marshall Hood
December 17, 2020  ·  Landmark Room 3-4, Level 7, The Landmark Hotel

Abstract

The upstream oil and gas sector is going through significant change and transition due to current market uncertainty and macro environment volatility. The oil majors are exiting mature basins where they have historically been the drivers of investment and activity. This is particularly apparent in the North Sea, where they have been willing sellers of mature production and brownfield projects in order to manage balance sheets, meet ESG targets and focus on larger scale projects in core growth areas. They leave behind opportunities that, although immaterial to majors, can still create material value to small and mid-caps. The buyers, which have mostly been backed by private equity, are looking to extract near term value from these transactions focussing on opportunities that have historically been overlooked by the majors given they didn’t meet their competitive and stringent global investment criteria.

 

Are we already starting to see the majors do something similar in SE Asia? What opportunities exist and what challenges do willing buyers face? What learnings can be taken from the recent flurry of M&A activity in the North Sea?



Notice!

Since 2013, SPE Thailand has 100% subsidized Members attendance fees at our Monthly Meetings.   Owing to reduced sponsorship income (driven largely by lower E&P activities in recent years), we will be revising the monthly meeting fees for all categories commencing in September 2018. Note that the fees for Members will still be significantly subsidized, hence we would encourage all Non-Members to consider joining SPE.





Agenda
Thursday, December 17
5:00 PM - 6:00 PM
5:00 PM - 6:00 PM
6:00 PM - 6:15 PM
6:00 PM - 6:15 PM
6:15 PM - 6:20 PM
6:15 PM - 6:20 PM
6:20 PM - 7:00 PM
6:20 PM - 7:00 PM
7:00 PM - 7:15 PM
7:00 PM - 7:15 PM
Speaker
SPONSORS