2019 Wood Mackenzie Moscow Upstream Briefing

Join Wood Mackenzie’s team of expert analysts in Moscow on Wednesday 3 April, to discuss: How are companies positioning themselves for success?

The oil and gas sector has reset. Most oil companies are in the black at current prices, with corporate cash flow breakevens averaging at less US$55/bbl through 2019/20, down from US$100/bbl in 2014. But investment is still restrained, as the mantra of increasing portfolio resilience continues to dominate board agendas. Different strategies are emerging as companies embark on re-engineering of their portfolios against the backdrop of growing global supply, advancing digitalisation and accelerating energy transition.

Join us as our global and regional experts discuss Russia's role in this landscape.

For further information please contact clare.cooper@woodmac.com.

Agenda

  • 03 April 2019

    • Registration & Refreshments

    • Welcome & Introduction

      Speakers

      • Michael has over 20 years oil and gas experience and currently works as a research director in our upstream team. He provides analysis of economics, strategies and industry trends in Russia. Michael Moynihan joined Wood Mackenzie in 2008. Michael is an expert on Russia oil and gas issues and his opinions are regularly sought by clients and the media. Prior to joining Wood Mackenzie, Michael worked BP Exploration and Production in a variety of upstream commercial roles for 11 years covering Russia, Ukraine, Kazakhstan and the United Kingdom. While at BP, Michael conducted detailed political, financial and operational research on the Russian gas sector. Michael has a BA (Hons) in Modern Languages (Russian, French and Serbo-Croat) from Durham University.

    • Networking Drinks Reception

    • The O&G sector’s dilemma: where to allocate capital?

      Speakers

      • Valentina joined Wood Mackenzie 15 years ago and is a Director at Wood Mackenzie’s Corporate Research Group. Valentina has over 20 years of experience in the oil and gas and coal sectors. She is an expert on the energy transition of the oil and gas sector into clean energies. Valentina delivers strategic, operational and financial research and analysis of global integrated energy companies, with particular focus on European and Russian O&G Majors. Valentina’s other roles in Wood Mackenzie included project-management and delivery of multi-client studies and development and growth of new products and services. She advises senior leadership, both on corporate and country levels and is a regular speaker at industry events. Valentina is a non-executive director on the board of NHST Global Media (Norway). Previously, Valentina worked as a Petroleum Engineer with Edinburgh Petroleum Services Ltd and Research Fellow in the Energy Group at the University of Edinburgh. She holds a BEng Honours Degree in Engineering from the University of Edinburgh, MSc in Advanced Mechanical Engineering from Imperial College, London, and a PhD in Clean Coal Technology from the University of Edinburgh. She is an MBA (Finance) candidate at Durham University. Valentina is a Chartered Engineer (MIMechE C.Eng).

    • Positioning for success in global exploration: results and outlook

      Speakers

    • Coffee & Networking

    • What's driving the LNG boom and how will Russia react?

      Speakers

      • Kateryna joined Wood Mackenzie in 2012 as a member of the Russia Upstream Research team. In 2019, she moved to the Global Gas and LNG team and is now responsible for the gas supply view, with a specific focus on Russia, Central Asia and Norway. She has spent considerable time working on various research and consulting projects focusing on Russian gas and LNG industry. She has been closely following activities of Gazprom, NOVATEK, and other major Russian companies. She regularly travels to Russia to meet with oil and gas producing companies, service companies, banks and other industry actors to discuss developments in the industry. Kateryna frequently takes part in client briefings on key industry topics. Kateryna holds a BSc (Hons) and MSc in International Economics from the Kyiv National Taras Shevchenko University, Ukraine, and a MSc in International Finance from the University of St Andrews, UK. She fluently speaks Ukrainian, Russian and English.

    • US tight oil production and $'s per acre: you can't be serious!

      Speakers

      • Malcolm joined Wood Mackenzie’s Upstream Consulting Team in 2007, having spent ten years working in the oil field service sector. Malcolm worked in the oilfield service sector both in a field and management capacity. He worked with a wide range of international E&P companies in drilling operations across many different environments. Malcolm has extensive experience of Nigeria and Brazil where he set up operations bases. Latterly he lived in Brazil, ultimately securing long term contracts with Petrobras and other operators. Since joining Wood Mackenzie Malcolm has been based in Edinburgh advising majors, NOCs and independents on strategic issues including international growth, country entry, unconventional hydrocarbons, portfolios and partnering. A key area of Malcolm’s work has also been advising clients on the upstream supply chain supporting due diligence processes, providing market analysis and analysing client portfolios and strategies. Malcolm has a MSc in Petroleum Engineering from Heriot Watt University.

    • Accessing Middle East opportunities: positioning yourself for success

      Speakers

      • Jessica Brewer is a Principal Analyst within the Middle East upstream research team with a specific focus on the OPEC nations. She has acted as Iraq country expert on several consultancy projects, covering upstream strategy and opportunity screening studies. She is a key contributor to Wood Mackenzie’s analysis of global pre-FID projects. She joined the company in 2012 and is based in Dubai. As well as writing topical analysis, Jessica has presented at conferences and appeared on TV and radio, providing insight on the region’s oil and gas sector. Prior to joining Wood Mackenzie, Jessica worked as a Well Services engineer with Schlumberger, located in Western Siberia, Sakhalin and the US Gulf of Mexico. She holds a MEng Mechanical Engineering degree and MSc Sustainable Energy degree both from Imperial College London and a MSc Energy, Trade and Finance degree from Cass Business School.

    • Closing Remarks

      Speakers

      • Michael has over 20 years oil and gas experience and currently works as a research director in our upstream team. He provides analysis of economics, strategies and industry trends in Russia. Michael Moynihan joined Wood Mackenzie in 2008. Michael is an expert on Russia oil and gas issues and his opinions are regularly sought by clients and the media. Prior to joining Wood Mackenzie, Michael worked BP Exploration and Production in a variety of upstream commercial roles for 11 years covering Russia, Ukraine, Kazakhstan and the United Kingdom. While at BP, Michael conducted detailed political, financial and operational research on the Russian gas sector. Michael has a BA (Hons) in Modern Languages (Russian, French and Serbo-Croat) from Durham University.