FULL TECHNICAL SERVICE CENTER / OPERATING MANAGEMENT SERVICE

We act as your back office / Technical center of excellence

Our staff / consultants can be ‘on loan to you’ against a Service fee + Pay as you go Formula for Services provided. We will appear as being part of your team

We mobilize a Fully Functional Team that we manage for you, with the full suite of skills from subsurface to surface all at world-class standards for your project. We help you cater for growing scarcity of world-class Technical resources (with a lot of professionals retiring and knowledge Gap is growing). Oil skills is the biggest tangible asset a company has: oil skills shortages can mean projects delays in coming on-stream, raises risks and costs due to mistakes, non optimal CAPEX and OPEX etc. Our Team is composed of Geneva based experienced professionals (mostly Swiss and French, Ex Shell, Addax, Total, BNPParibas, BP) covering all Technical & commercial discipline ranges including: Geoscience, Reservoir & Petroleum engineering, well design, surface facilities, economic valuation as well as Investment Banking.

The fact that our Teams are fully functional means that our teams have been working together for years on complex projects, hence have an optimal efficiency, know how, professionalism, concision, swift and smooth coordination and Team delivery.

Our operating management service includes covering senior technical management functions as some of our Team members have extensive operations and development management roles for very large assets in world-class International companies.

We can help you implement the best International standards for your operations.

Why a Service Company / Technical Support Center?

Build up a First Class Team of Oil & Gas Professionals for your company by leveraging on Metscooil partners and extended Team made of a strong pool of highly competent professionals with world class proven track record & expertise in Nigerian and West African Oil & Gas landscape.

Build International Reputation and Reinforce Visibility in order to swiftly raise capital from Lenders and attract Equity investors & International renowned partners.

Build Technical Credibility and provide Reassurance to partners and NOC’s and showcase your technical capacity and know how to manage and operate world-class assets by lining up a world class Technical Team.

Address current growing scarcity of competence, resources and know how in the upstream industry with a world class technical support center in Geneva and help your company become a world class company with best in class Operations, Procedures and know how. Because of lack of training and old generation going on retirement, it is becoming the biggest challenge for Oil & Gas companies to find the right qualified people to manage and bring new assets on-stream.

Acquire the full suite of skills (G&G, Reservoir, planning, drilling, facilities...) to manage your future operations and field development planning with optimal Capex and Opex, realize near field discoveries and grow your company. As it is a Capital-intensive industry, any wrong decision based on the wrong Technical appreciation can cost your company Tens of millions of dollars...(drilling the wrong well... etc.).

Assist in setting up an operating center with an operating management structure

The following activities can be set up and conducted, as part of the core operations of an operating center with a proper operating management structure. The activities have been grouped by Function and represent those elements that METSCOoil can structure, conduct and centralize in an operating center for an oil company.

FINANCE

1. Centralized Cost Accounting with Internal controls
2. Capital Budgeting (Authorization for Expenditure 'AFE' Systems...)
3. Corporate Finance
A. Debt / Equity raising
B. Commercial:

Contracts negotiation: for joint facilities, processing fees, pipeline access
New ventures: Reviewing screening new opportunities, divesting existing opportunities.)

C. Financial Performance Monitoring

PROCUREMENT (PURCHASING SUPPLY CHAIN MANAGEMENT)

TECHNICAL

1. Production Accounting (Production & Deferment Tracking)
2. Performance Management & Production Base Management (day to day optimization)
3. Subsurface Analysis & Review
4. Surface Facilities Analysis & Review

STRATEGY & INTEGRATION

1. Integrated Planning
2. Economics
3. Budget Analysis & Review
4. Corporate Strategy

HR: Recruitment, Training, Retention & Compensation

HSE: Flaring consents, Procedures, Emissions monitoring, Hazardous Material management

LEGAL: Contract reviews for PSCM, for commercial Contracts, PSC’s

CORPORATE MANAGEMENT & GOVERNANCE

1. Internal Audit
2. Internal Control processes & Compliance
3. Business Practices and policies
4. Corporate Code of Conduct

IT

IT Systems, IT Security

Assist in corporate restructuring

An Audit exercise can be conducted to identify non-optimal management and Functional gaps and proposals can be made as to how to address them by Roles and Functions re-definition.

Assist in establishing Corporate Governance

Internal Controls & Compliance
Business Practices and policies
Corporate Code of Conduct