Contributing Member of the Legal, Economic & Regulatory Affairs Councils

Names and details of certain GLG News authors are available only to GLG Clients and Council Members. GLG News authors are subject-matter experts within the GLG Councils and are available for expert consulting - by phone, in-person, or written analysis. To find out how to become a GLG client or Council Member, click here.

GLG News by this Author

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

GLG News is now G+ Insights

G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.

Fragments of an analyzis of the Russian Energy Development Strategies

November 6, 2007

Analysis of:GAZPROM AND STATOILHYDRO SIGN AGREEMENT ON MAIN CONDITIONS FOR COOPERATION IN PHASE 1 SHTOKMAN FIELD DEVELOPMENT, International Herald Tribune | www.gazprom.com

The Shtokman contracting model might influence the future contracting regime in Russia regarding development of Russia's huge natural resources. If the Shtokman contract become a model for other contracts, it will reduce some existing uncertainty in the regulatory mechanisms affecting foreign investments. The Shtokman model will not remove external investment risk in any way, but it seems to clarify who owns the risk in the different project development stages. This can make it easier for the parties to take ownership to the risk, concentrating on avoiding the consequences. The Shtokman contracting model states that the Russian State owns the natural resources, "regardless" of what company or consortium that develop the resources.

Analysing Key Figures reported by Industrial Contractor Companies.

October 12, 2007

Analysis of:GLOBAL CONSTRUCTION OUTLOOK-OPPORTUNITIES AND RISKS T0 2015 | www.globalinsight.com

Analysing Key Figures reported by Industrial Contractor Companies. The Industrial Contractor Companies do have some characteristics The company equity is generally low The cash flow is project driven, The profit margin is given in % / operating revenues, typically 2-7%, and not compared to equity. The liquidation value of a company of this type is low. Bjarne Østereng

New Gas Flexibility hampered by poor project executional abilities by the oil companies.

September 19, 2007

Analysis of:Tampen Link nears startup | www.offshore-mag.com

Tampen Link and other, marginal, gas provinces to be developed might face slow development due to poor project management. On the positive side there is: - Strong Market Need for the Gas, and present high prices - Increased transport flexibility to the markets through new interconnectors between gas pipelines. On the negative side. - Huge Cost overruns makes it difficult to trust the figures presented internally in the oil companies for internal and external decision makers.

Page : 11 to 3 of 3

Subscribe to Updates

By RSS