Our services

Why choose Sigma?

Respected and trusted consultants
Proven track record of delivery
Flexible contracting terms
IR35-compliant business-to-business relationship
Full range of services

Services over the whole of an asset's life

Services over the whole asset life

Strategy
- Asset or company-wide review
- Acquisition and divestment support
- Datarom preparation or review
- Due Diligence
- Area studies
- Industry initiatives
Units & Licences
- Government liaison
- Licence and/or Operatorship application
- Unitisations, including co-ordination with technical support
- Unit and Joint Operating Agreement negotiations
- Production Sharing Contracts
Developments & access to infrastructure
- Host or satellite
- Substitute commercial operator negotiations
- Economic modelling (including hub economics)
- Project gateway and Peer Reviews
- Construction and Tie-In Agreements
- Tariff and Service negotiations
- Cross Median expertise
Joint Ventures
- OpCom representation
- Value optimisation
- Contract management
- Dispute resolution
- Commercial MOT
Product Sales
- Allocation/attribution negotiation, review and audit
- Hydrocarbon accounting services
- Oil valuation and sales
- Gas balancing
- Gas sales (offshore or Beach)
Late field life
- Value optimisation and decommissioning deferral
- Decommissioning security
- Hub optimisation
- Lease and handback
- Novel mature asset arrangements
- Redevelopment option planning
- Decommissioning planning and co-ordination

Range of services

01.

Negotiations

Licensing - bid agreements, unitisations, JOAs etc
Access to infrastructure (both as host and/or satellite)
Transportation and operating services agreements
Product sales - gas, NGLs, crude
Decommissioning - security, late field life optimisation and projects

02.

Asset management

Day to day management of agreed terms
Corporate reporting and forecasting
Amendments to existing agreements
Budget and workscope review and approval
Dispute resolution
Coordiation with other skill-sets such as technical, ops, economics, finance and A&D

03.

Legal services

Agreement review and drafting
Legal support to joint ventures
Corporate legal services
Coordination with in-house lawyers & external counsel
Expert witness
Litigation advice and testimony
CEPA qualified mediation services

04.

Ad-hoc projects

Asset review and preparation for disposal
Dataroom creation
Due Diligence
Area-wide studies (cross discipline total review of an asset to identify threats & opportunities)
Commercial MOT

05.

Strategic planning

Area studies
Asset reviews
Asset health checks
Corporate strategy
Acquisitions and disposals

06.

Flexible resource

Business-to-business relationship
Flexible contract terms
PAYE and Limited Co consultants
Peak shaving and ringfenced project work
Ability to backfill (holiday, sickness, maternity cover etc.)
Remote support or in client's offices
"Virtual commercial department"
Competitive rates (up to 60% saving vs competitors)

07.

Economics and evaluation

Creation and/or review of models
All major software covered
Project economic support
Asset economic modelling
Dataroom evaluation and risking
Liaison with tax for full fiscal view

08.

Product sales

Gas sales - offshore or at the beach
Provision of fuel gas
NGL sales
Crude valuation and value adjustment
Crude sales

09.

Decommissioning

Negotiation of Decommissioning Security Agreements
Security modelling
Late field life commercial optimisation
Hub strategy and negotiation
COP preparation & application
Decommissioning project support
Asset lease and handovers