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
Sigma logo

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