Value and Risk in the Oil and Gas Industry: Lessons for the Mining Industry?

Australian Institute of Geoscientists > Events > mining, oil and gas, value creation > Value and Risk in the Oil and Gas Industry: Lessons for the Mining Industry?

Value and Risk in the Oil and Gas Industry: Lessons for the Mining Industry?


1 CPD Hour

1 CPD Hour

Centre for Exploration Targeting, UWA, Seminar Series guest lecture presented by Dr Sandy Bell.

Creation and Realisation of Value in the Oil and Gas industry is ideally built on a solid foundation of Governance, Risk Management, Assurance and appropriate Front End Loading.  So how does the oil and gas industry actually practice this and how could mining projects maximise shareholder value and minimise risk of project failure by the appropriate application of some of these techniques ?

Initially trained as a geophysicist Sandy “followed the molecule” in oil and gas working on some 30 exploration, greenfield, brownfield and abandonment projects worldwide for BP, Occidental and Shell. It became clear working on those projects that the proper application of front end loading (the use of scenario planning, opportunity framing, risk management, assurance and concept selection), not the actual project execution, was key to maximising value creation from oil and gas developments

In 2010 Sandy left Shell and set up a consultancy company, Barrel Chasers Pty Ltd, to seek to apply these skills for clients. His company is currently contracted in that capacity on one of the largest LNG developments in the world.

Sandy has become an Adjunct Research Fellow at CET to seek to apply this oil and gas experience to the mining industry.

Venue

Woolnough Lecture Theatre (1.07), Geography and Geology Building, University of Western Australia, 35 Stirling Hwy, Crawley 6009

Pay parking is available along Fairway (approx. $1.50 per hour)

You are invited to join CET staff and other attendees afterwards for refreshments provided by the UWA SEG Student Chapter in the Resource Room, Robert Street Building.