Role of Consultancy Companies in the Upstream Petroleum Industry

With the growth of upstream petroleum industry and high competition has led oil and gas consultancy companies to play important role. The companies which are dealing with oil & gas exploration and Production (E&P) are known as upstream petroleum industry. But an upstream petroleum industry not only deals with Exploration and production but also provides global platform for the buyers and sellers of oil and gas.  An oil and gas consultancy company organizes and develops the projects of their clients. They deal with all kind of issues from field development planning, market research, risk management system and also helps its clients in taking critical decisions in organizing their business.

Oil and gas consultancy companies when dealing with upstream petroleum industry must have a comprehensive knowledge of upstream petroleum sector and understand the needs and purpose of the organization. It has to plan its services keeping in mind the size, structure and budget of the company.

An organizational development consultant not only organizes strategic business planning but also checks on the risk and safety factors of the company. An organizational development consultant of petroleum sector must have a deep knowledge of E&P life cycle and process, procedures and practices.

There are numerous oil and gas consultancy companies available in the global market each trying to provide you with similar services, but it is very important to hire the right consultants which have experience in this field.

•  It must understand the structure, purpose, needs and value of the client’s venture.
• Facilitate global research and provide a global platform for proper exposure of products.
• Serving industries and corporate in strategizing their business effectively.
• Search in for correct match of clients so that buyers and sellers are able to get what they are looking for.
• Services provided by them should be effective and cost efficient.
• Their services should be time tested and of global standards.
•   Tailor made solution are provided to the clients so that they are get exactly what they want.
• They should be aware of the latest technologies and designs and implement the same for their client.
• The consultancy company should have industrial certifications.
• Their past records and projects should be satisfactory.

 A professional oil and gas organizational development consultant can meet all the criteria of upstream petroleum industry. Avatar International group (AIG) has been providing consultancy services since 2003 to government officials, IOCs, NOCs and global industries. It has a team of professionals who have immense experience in developing and managing E&P companies. Their services have helped their clients in increasing their efficiency as a result growth in their business.

Important Things to Remember While Investing in Oil and Gas

Investing your hard earned money brings many questions to your mind like where and when to invest, which company will give the highest return for your money. Investments are usually done keeping in mind the growth of that particular venture. If these reasons you are looking for then why not invest in an OIL and Gas company. Oil and gas is an important commodity which always increases with price hike and remains in high demand.  But now another question that crops up is that which is the right company to choose? There is lot of risk if unable to choose right oil and Gas Company as it can lead to a huge loss.

There are lots of factors that are needed to be taken care of while investing in oil and gas-

• It is important to check that the people working with you are well experienced and motivated.

• Do lot of research about the company, drilling sites, right market price etc.

• Before signing the contract papers read them carefully as there may be some lope holes in the contract, it is best to get the contract papers checked by some legal representative.

• Prices of oil and gas may fickle with the ups and downs in the market therefore it is important for the investor to keep checking the market value.

• Check the track records of the company so that you do not fall prey in the hands of the frauds.

• Check that the company you are going to invest in is making stable profit in the market or not.

Even though there are risk in investing in oil and gas companies but if be invested carefully can be a very profitable business endeavor.  Let’s get an overview of how oil and gas investment can be a great opportunity for us.

• High financial return -Which is return of capital within 6 to 12 months

• Demand and supply- oil and gas are such commodities without which everything will become stagnant; therefore the smooth movement of demand and supply will keep the prices high.

• Tax benefits- Drilling of oil can give you tax benefits.  

• Advanced technologies- Technological advancement in finding oil has reduced the risks which are there in drilling of oil wells.

Investing in oil and gas can make you rich as it gives constant returns as the demand for oil and gas never dies out.

Global Marketplace for Buyers and Sellers of Oil and Gas

Oil and Gas GlobalNet’s (a Division of Avatar International Group) team of professionals has several decades of global experience petroleum industry and offering high quality professional services to the oil and gas industry worldwide. Our extensive global experience and commitment to excellence means our oil and gas production customers can be confident that we will manage their assets safely and deliver their projects on time and to budget.

More than 20 years’ experience in the upstream oil and gas industry we have a strong reputation for balancing global excellence with local delivery within the oil and gas industry.

Oil and Gas GlobalNet provides an easy-to-use and cost-effective global marketplace for buyers and sellers of oil and gas opportunities. Sellers and Buyers can utilize OGGN’s global E&P expertise, networking, proprietary market intelligence database, and eMarketing capabilities to enhance their chances of achieving optimum results in an efficient manner.

Experienced Petroleum Consultant for Oil and Gas Business

Avatar International Group (AIG) has been providing management consulting services to the upstream petroleum industry worldwide since 2003. AIG team of professionals has several decades of world-class experience with a proven track record of initiating, developing and managing E&P business in over 20 countries.

AIG boasts a long list of satisfied customers that includes government officials, IOCs, NOCs, and other global, regional and domestic companies. Most of our engagements have resulted in accelerated growth, increased profitability, and improved efficiency and operational performance for our clients.

What differentiates AIG from other management consultants is our in-depth knowledge of the upstream petroleum industry, personal experience in time-tested results-oriented business practices, and collaborative client approach. As providers of management consulting services since 2003, AIG boasts a long list of satisfied customers from government officials, IOCs and NOCs to regional and domestic companies.