SOC in London
Thursday, 18 May 2017, 6 p.m., London
Is There a Future for Independent E&P Companies?
John Morrow, Head of Exploration and Production, Glencore
The Geological Society, Burlington House, London W1J 0BG
Complimentary Networking Reception following presentation. Major funding provided by Gneiss Energy and Wood Mackenzie. Additional funding by FWB Park Brown.
This event occurred on: Thursday, 18 May 2017, 6 p.m.
With the crash in oil prices during late 2014, many independent exploration and production companies have struggled to develop business cases that can stand the pressure of the new price environment. Is the classic exploration- development-production model at an end for all but a small and diminishing handful of Independents? What could be the new and emerging strategies to deal with the changing environment for standalone E&P's? John Morrow will present his thoughts on the future for the independent sector.
John Morrow is a Chartered Engineer and has over 30 years of experience in the Oil and Gas Industry and he is currently Head of Exploration and Production at Glencore, which he joined in 2011. He is also a Non-Executive Director of RockRose Energy. John was previously the Chief Operating Officer and on the Board of Bowleven plc, having joined the company in 2005. Prior to that he spent 10 years at BG Group, where he was Managing Director of the Joint Venture which operated the giant Karachaganak field in Kazakhstan. Following that he was responsible for BG’s technical effect in the Mediterranean Basin and its African assets and thereafter was Project Director (Middle East) where he was responsible for the development of new LNG projects. Before joining BG, John spent the first 15 years of his career at Royal Dutch Shell where he held a variety of operational and commercial roles in the UK, Malaysia and the Netherlands.