Death of the Annual Appraisal in Oil and Gas?

A recent piece from EY’s highly respected Global Oil and Gas Sector calls for a new approach to performance management – one “that is focused on coaching and development, rather than ratings and rankings”. For any line manager or HR professional involved in appraisal in oil and gas, it’s a thought provoking piece.  Peter Smith, WBC’s Business Development Director has a few additional suggestions. [Read more…]

“The biggest risk is not taking any risk….”

As Mark Zuckerberg continued, “…in a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks”.  The risk of doing nothing is now a regular topic in our conversations with clients about risk management.

Bruised by the battering the industry has taken in the past three years, painfully aware, after Deepwater Horizon, of the potential for disaster, often led by legal advice, and conscious of the rise of alternative energy sources, companies and investors could be forgiven for sitting on the sidelines, minimising their risk with a lack of activity.

But would they be mistaken? [Read more…]

What are the prospects for 2017?

How do you feel about prospects for the oil business and your career in 2017? Where will the oil price be in 12 month’s time? What are the biggest skills gaps in the E&P sector? What skills would you want to develop? Please join in our annual survey [Read more…]

Project Governance and 2017 Challenges

We are delighted to announce that Bob Laidler, our Project Governance Course Director, has joined the Board of WBC Training. Bob’s expertise lies in helping individuals and businesses in the oversight of complex projects, with a particular emphasis on effective decision making and stakeholder buy-in.  In his first blog for us, Bob explains the importance of effective project governance in today’s market: [Read more…]

3 Day MBA in Oil & Gas in London

Hosted by Finncap in world class facilities in the heart of the City of London,  Angus Warren delivered WBC’s acclaimed 3 Day MBA in Oil & Gas to a group that included participants from the U.K. and Nigeria. and from a variety of sectors including technology, a national oil company, and financial services. [Read more…]

8 Steps to Managing Your Career

In an industry caught up in a whirlwind of market forces, economic uncertainty, and regulatory and technological change it’s often easy to feel that there’s little you can do about your career prospects. We disagree, and we invited Ken McKellar, an expert on helping oil and gas executives manage their careers, to provide us with some advice on how to aim for career success even in the toughest of markets. [Read more…]

2016 Climate Change Survey Results

The 2016 results of our annual Climate Change survey are out. Every year we ask our network of some 7,000+ oil and gas professionals for their views on this contentious topic; our aim is to understand what they believe and feel about the issues, and what the implications for management are – it is not a survey to establish the rights and wrongs of a particular scientific argument. Over the years most respondents (92%) now agree that climate change is happening, but only 50% say it is due to human activities rather than natural causes – this is in contrast to the general population, where surveys in the US and worldwide tend to show a majority assuming it is due to human causes. [Read more…]

Inner Reserves – Valuing Your Skills in a Low Oil Price Environment

Valuing your skills in a difficult market: as part of our occasional series on career development in the oil industry and the skills needed to succeed, we asked Ken McKellar, an experienced adviser on career transitions, to comment on the options available to professionals in a low oil price environment: 
[Read more…]

Oil & Gas: To Hell with the Contracts….

The Nigerian government is focussing on PSC and joint venture agreements in its attempts to extract more from Oil & Gas: as part of our occasional series on key management issues in the Oil & Gas industry and the strategic context needed to succeed, we asked Bryan Gundersen, one of the world’s leading lawyers and an associate of WBC, to comment on the governance and legal issues arising from the current Nigerian government initiative.  Bryan’s next course is in Lagos at the end of November. [Read more…]

Oil and Gas Training in Indonesia

Three day oil and gas training course delivered in Jakarta

We welcomed 19 delegates from a Indonesian oil company to a special three day course in Jakarta in August.  Delivered by Colin Marshall, an associate of Warren Business Consulting, the course focused on understanding the key dynamics in the petroleum industry and was based on WBC’s well established “3 Day MBA in Oil and Gas”. [Read more…]

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