Commercial Models

Maximize return through solutions that share risks and rewards

Ocean water texture below the surface with sun rays shining through

Maximizing the return from your field isn’t always about technical solutions. It’s also about meeting your overall portfolio objectives. It’s about how to best allocate your budgetary resources across time and physical distribution.

Working with you to find commercial solutions to economic challenges is in our DNA

We have the longest track record in the industry of working with all sizes and types of operators. And not only do we work on a relationship basis, we also have the financial strength, technical insight and experience, and asset base to make things happen.

And we have the confidence to help you realize your goals via alternative commercial models that incorporate the terms that suit you, without impacting your outlay. From performance contracting through shared risk and reward and even qualified lump sum operations, our door is open.

When you work with us, you can trust that your commercial goals will be met at any stage across your field’s life, from startup to decommissioning. The proof is in our track record of delivering creative and cooperative contracting models and schedules spanning the US Gulf of Mexico, North Sea, Brazil, Nigeria, Angola, Australia, and New Zealand.

Reducing your risk and outlay

When your late-life assets are no longer delivering value and posing a gap between your reserves and your abandonment liability, we can efficiently resolve your problem.

You can rely on us to reduce your risk and outlay by managing your subsea wells through to decommissioning and abandonment.