We have over 30 years experience in assisting governments and National Oil Companies with the development and implementation of acreage promotion and advice on licensing and strategy. We use in-house commercially aware explorationists and advisors and a wide range of commercial and technical specialists who assist in production of license round web hosting, quality data packages and the organisation of data rooms.
Our Petroleum Reservoir and Economics group has particular expertise on the fiscal, economic and commercial aspects of upstream petroleum licensing. These include advice on fiscal terms (PSC, Tax/Royalty and other systems) and the definition and construction of cash flow and fiscal models to determine the Government, State Oil Company and investing oil company cash flows and economic results. The team can assist and advise Governments on the most suitable bids in competitive licence rounds, including work programs and budgets.
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