UPSTREAM, MIDSTREAM OR DOWNSTREAM

Technical Marketing & Business Development

Energy Sector

Market Context

The devastating downturn in oil and gas commodity prices which began in 2014 exerted tremendous pressure on operators and contractors at all levels of the supply chain to cut costs and ensure the industry remained sustainable. Following this situation, in 2020, the industry had to deal with the effects of the COVID-19 pandemic. These two events so close together have rallied in a new order in regards to operational efficiency and effectiveness. Maintaining focus on the key drivers has become ever more difficult, with a potential for compromised quality of deliverables and a loss of reputation.

In 2022, Russia invaded Ukraine meaning oil and gas supplies from Russia have been weaponised. This has meant that the UK government has witnessed the effects of a reduced supply side and the devastating effects on UK consumers. UK Government policy has therefore now looked to support the acceleration of new field exploitation at the expense of the green agenda.

Now more than ever, operators are under pressure to show sustainability and efficient operations. This backdrop is opening opportunities for companies with innovations to step up, and become involved. As oil and gas companies decide on their future; go all out to sweat assets, diversify their portfolio across other activities, exploit new fields, or indeed in the case of some operators, begin the transition to renewables, the opportunities for companies to support are plentiful.

JBPRM understand the drivers, and will support your company get in front of the people that count. For more information, get in touch.

Key Areas

The energy industry describes the following areas:

  • Exploration and Production
  • Primary Processing
  • Hydrocarbon transportation
  • Hydrocarbon Storage
  • Crude Oil Refining
  • Petrochemicals
  • Product Distribution

Our Core Strength

Using our inert experience and knowledge coupled with our actual project experience working with companies in this sector, we have particular strength supporting companies offering:

  • Maintenance Services
  • Asset Integrity Services
  • Design Engineering
  • Mechanical Engineering
  • Software Engineering