ABOUT US

METSCO oil is an Upstream Oil & Gas Consultancy Firm focusing on the Middle East & West Africa

Founded in 1977, METSCO is a family business primarily concentrated on facility contracting and supply of equipment and services for the Oil & Gas industry in the Middle East and North Africa. METSCO’s projects book were soon to include exploration and oil field rejuvenation projects in the O&G upstream sector.

We have been acting since as a New Business Development / Business Intelligence / Business Relations Advisor to Oil & Gas upstream companies as well as Oil Service Companies supporting their entry into Middle Eastern and North African countries with permanent & contractual staff.

We have extended our reach and been active in sub-Saharan / Eastern Africa the past few years. We also offer Subsurface & Surface technical Consultancy - Company / Asset valuation as well Financing / Boutique Investment banking type services. Main activities are searching for and screening project opportunities in the Middle East - Africa for client companies, conducting initial and detailed audits, identifying and targeting investors when needed, leveraging on client and prospect network, preparation and delivery of sales pitch, acting as liaison officers / facilitators vis-à-vis local stakeholders and governments on behalf of our clients, coordination of legal and contractual issues.

Our Team Technical is composed of experienced professionals (mostly Swiss and French, ex Shell, Addax Petroleum, Total, BNPParibas, etc.) covering all Technical & commercial discipline ranges: Geoscience, Reservoir & Petroleum engineering, well design, surface facilities, economic valuation as well as Investment Banking. Kindly note that several of our team members being Ex Addax Petroleum, had helped the company grow to its current size and hence are very familiar with the Nigerian Oil & Gas landscape (Geology, Terms…etc) as well as with the Middle East in general. We operate with an extensive business network in Europe, the Middle East and Africa as well with some key industry players.

Our Services are in threefold

New Business Development – Asset Screening & Valuation:

We scope and source upstream E&P opportunities (Asset Acquisition, Farm In or direct Corporate Equity Investment) for which we first conduct a first pass analysis in order to frame the opportunity (Valuation and relevant Metrics) before we introduce it to the relevant investors.

Our focus ranges from Exploration opportunities through Greenfield appraisal ventures to mature Brownfield re-developments projects with a focus on conventional Oil & Gas reservoirs and Heavy Oil only.

We offer integrated investment opportunity valuation for Oil & Gas upstream projects covering all disciplines and functions in the value chain. We act in Due Diligence for Asset valuation in support to Business Development screening functions but also to Corporate and Strategic planning, Asset acquisition, Divestiture and Dilution, and Corporate Transaction.

We typically carry out the required technical and economical studies to generate a reliable Asset Valuation Model for screening purposes and / or in depth Analysis on investment opportunities and projects in upstream Oil & Gas E&P.

We also assist in related New business development functions such as Strategy definition, portfolio review & optimization, Country / Region competitive intelligence and lobbying (for ex Kurdistan), Assistance in Regulatory process, etc.

Technical Advisory Services:

We offer Basic Technical Services (a range of services covering the fundamental disciplines involved in Upstream Project Evaluation: Reservoir engineering, Geosciences, Well & Completion design, Surface facility conception), Proprietary software based services, Opportunity Realization, Cost Estimating & Economics, Field Development Planning, Due Diligence, Full Technical Service Center.

Financing/ Investment Banking Services:

We help you find durable & cost efficient financing solutions and improve your attractiveness to investors / financials institutions.

We help select optimal Structured Financing options depending on where your company / project sits in the E&P cycle.

We assist in Finding industry partners and other potential investors that would fit best the specific investment opportunity. We do not practice a mailing list approach but rather a tailor made matchmaking approach.

We offer Assistance in Grooming up to investors & Lenders : due diligence & Data Rooms Preparation & Technical reviews for investors, Economical modeling, Preparation of pitch to investors, Introduction & pitch to investors, Follow up & negotiation with Investors to Financing deal closing.

We help improving your cost efficiency, offer debt restructuring service, assist in structuring future production based pre-payment Financing, help developing a new Business plan at 5Y responding to investors / Financial Institution requirements.

Our clients are either:

Financial Investors (private Equity Funds, Family Offices, Investment Funds..) which we assist in conducting full Technical & Commercial due diligence for upstream Investment opportunities they would be keen to screen and assess before they make an investment decision.

Upstream Oil & Gas companies for which we offer a various suite of services: Strategy definition, opportunity sourcing & scoping, portfolio review & optimization, Country / Region competitive intelligence and lobbying (for ex Kurdistan), Assistance in Regulatory process, Assistance in Asset and company valuation