Resource Owners

We advise governments on measures for establishing or improving fiscal, regulatory, administrative and legal regimes that govern the exploration and production industry. We also work with state-owned oil companies to assist with legal documentation, transaction support, licensing round execution, effective internal organization and compliance matters.

IHS Energy Consulting enables you to:

• Develop fiscal terms that maximize state receipts while continuing to attract foreign investment
• Promote sustainable development policies
• Market specific E&P opportunities
• Minimize risk during the exploration process
• Prioritize diverse exploration prospects
• Assess and rank available blocks within a license round
• Save time, costs and non-compliance fees
• Establish a basis for reporting compliance status
• Receive International Organization for Standardization (ISO) accreditation for Health, Safety and Environmental (HSE) protection
• Leverage the worldwide IHS consultancy network to obtain detailed, on-site knowledge
• Access our extensive databases, project evaluation tools and project, negotiation and licensing round and site visit support

Learn more about our experts and our key offerings, or contact us for an exploratory meeting.

Our consultants receive essential support of their operations in the following areas:

Strategic Consulting - Discover oil and gas growth opportunities through worldwide trends and market studies in the oil, gas and energy sector and supply and demand analysis, including dynamic gas planning.

• Foreign investment optimization and license round strategy and promotion for governments
• Establishment of national fiscal, regulatory and legal structures governing the energy sector
• Corporate acquisition targeting and divestments
• Implementation planning and dynamic modeling
• Risk management and analysis

See Case Study #1

Regulatory Risk and Compliance Services - Ensure legal compliance for your project's entire life cycle. 

See Case Study #2

Major Project Development Support - Make better decisions through collaborative, process-driven support to firms on optimal development concepts and implementation plans for complex, risky, multibillion-dollar projects.

See Case Study #3

Energy Market Analysis - Identify independent, data-supported methodologies to identify the trends, drivers, and future energy market scenarios that directly affect your business

See Case Study #4

Strategy Support - Make high-quality, important decisions by crafting value-creating alternatives and understanding the impact of risks.

See Case Study #5

Asset Valuation Support - Negotiate better loans, build support for public bonds, manage your portfolios and ultimately make the most profitable financial planning decisions for your organization.

See Case Study #6

Cost Analysis and Forecasting - Get the intelligence you need to confidently negotiate supplier quotes, improve project cost estimations, create and maintain budgets and track company performance.

Case Study #1:Advertising and Marketing Barbados' Offshore Petroleum Sector

Challenge: The Barbados Ministry of Energy and Environment needed assistance with marketing offshore exploration opportunities, legislating and regulating the E&P business, capturing subsequent investment opportunities for sustainable development and preparing a marketing plan.

Solution: IHS Consulting performed a due diligence analysis of Barbados' offshore exploration potential. We also created a license grid and block system, reviewed and suggested amendments to contractual, fiscal and regulatory systems and provided recommendations for both sustainable development and promotion strategies.

Results: The client sought to obtain our assistance on further projects, including a licensing round and the development of new laws and licensing documents to govern the oil and gas industry.

Case Study #2:Improving Yemen's Licensing Framework

Challenge: The World Bank contracted IHS to review the organizational capacity, legal framework and fiscal terms governing Yemen's petroleum sector in anticipation of the country's first offshore licensing round.

Solution: IHS Consulting reviewed and reported on Yemen's legal framework, the establishment law and future role for a national oil company, as well as the licensing system and the government department responsible for negotiations.

Results: IHS Consulting provided specific legal recommendations and detailed drafting proposals for a model PSA. The Yemen government received IHS support for improving the organization and functioning of both its Ministry of Oil and Mineral's legal department and its bidding round system.

Case Study #3:Major Project Support for a National Oil Company

Challenge: IHS was commissioned to assist the Angolan government with the execution of a major offshore licensing round and to provide its national oil company with transaction support.

Solution: IHS Consulting provided a wide range of different support services, including:

• Drafting legal and regulatory documents (e.g. petroleum regulations, health and safety guidelines)
• Training (e.g. economics, negotiation skills, compliance management and enforcement, IHS software)
• License round planning and execution
• Corporate process analysis and design
• Organizational change management and resource development
• Fiscal benchmarking and policy development
• Technical due diligence and transaction support

Results: The Angolan government generated approximately $3.2 billion in signature bonuses.

Case Study #4:Setting Nigerian Gas Pricing Policy

Challenge: The Nigerian government needed a suitable gas pricing policy that complied with a national requirement maximizing the use of gas domestically--by keeping it affordable--while encouraging high-cost deep water exploration and development.

Solution: IHS Consulting created supply and demand curves that served as the basis for identifying possible pricing policies. The supply curve accounted for associated oil and fiscal terms. The demand curve identified demand by major market group and industry, with their related market prices. The supply and demand curves reflected the maximum gas price, allowing 15% rate of return after relevant fiscal terms.

Results: IHS Consulting, working in tandem with the client, developed a pricing policy focused around an aggregator to ensure the inclusion of maximum gas resources and markets. The policy identified priority markets for supporting national economy and industry.

Case Study #5:Hydrocarbon Sector Benchmark Analysis

Challenge: With over 120 countries competing for E&P opportunities within its borders, the Greenland Bureau of Minerals and Petroleum needed assistance setting up fiscal terms that would attract foreign investment but capture maximum receipts for the state.

Solution: IHS Consulting employed a variety of methodologies to determine the top eight competitor countries and compared their fiscal terms using defined criteria to those of Greenland.

Results: As a result of the international benchmarking analysis, IHS Consulting recommended fiscal terms for Greenland's government that guaranteed the maximum government take achievable while providing investors attractive and competitive returns.

Case Study #6:Asset Valuation and Technical and Financial Audit for Contract Negotiations

Challenge: A major petroleum producer in Gabon required assistance with renegotiating its contract and requested a technical and financial audit.

Solution: IHS Consulting undertook technological due diligence, conducting a full analysis of the client's remaining E&P potential and estimating the cost of redevelopment scenarios. We created a customized economic model for various recommended fiscal changes.

Results: The client received a complete technical and financial evaluation along with negotiation assistance and strategy advice, including recommended legal and fiscal changes to its contract.