Joint ventures are an intrinsic part of the Oil and Gas industry. This Industry Perspective considers the function and attributes of JVs in the delivery of major oil and gas infrastructure.
The push to achieve a net zero carbon outcome for the oil and gas industry will require a new approach to JVs which will likely include many enterprises which are not currently a part of the oil and gas industry.
The infrastructure sector can learn from the oil and gas sector. Bringing together our clients from both respective industries can unlock considerable benefits and opportunities.
Senior Legal Advisor, Group Legal, Petrofac International
There are significant opportunities for international oil and gas companies in the Middle East, though success is often contingent on selecting the most appropriate JV partner
The historic ‘boom and bust’ reputation of the oil and gas industry must be consigned to history and behaviours aligned to a base case of collaboration and innovation. Joint Ventures will play a critical role in this enlightened world