SESSION I: Global Dynamics and Opportunities for Emerging E&P Cycle

A new global E&P cycle is emerging, amid the back drop of global security issues, contraction of historical super-powers, expansion of emerging super-powers, emerging and evolving trade agreements, increasing political pressure in developed nations to replace fossil fuels, and increasing demand from developing nations for low-cost energy. In parallel, global E&P has found the big, easy, and the obvious, and there’s a change in the market place to increased diversity in objectives, marking a shift from the “Age of the Majors”, to the “Age of the NOCs and Juniors”. What are the opportunities and the risks for E&P companies ready to invest in the emerging energy markets?