Corporate positioning in Australia for a new investment outlook
Andrew Harwood A *A
Andrew Harwood, Research Director, Corporate/Upstream Research, Wood Mackenzie. Andrew is responsible for Wood Mackenzie’s corporate coverage in Asia Pacific, providing analysis of the leading Asia-headquartered national and international oil companies. Andrew also contributes to Wood Mackenzie’s upstream research in Asia Pacific, working closely with the analyst teams in Delhi, Perth and Singapore. During his time with Wood Mackenzie, Andrew has supported several consultancy projects, including fiscal benchmarking, corporate strategy analysis, growth opportunity screening, portfolio valuation, and infrastructure studies. Based in Singapore since 2010, Andrew specialises in providing insight on global upstream themes, corporate strategy for national and international oil companies, merger and acquisition trends, exploration performance, and fiscal benchmarking. Andrew holds a BA combined studies degree in management and investment finance with honours from Heriot Watt University. |
Abstract
Government intervention and increased regulatory scrutiny have altered the investment environment for the energy sector in Australia. Asia’s efforts to decarbonise will drive long-term investment in Australia’s renewable, hydrogen and carbon capture potential. But as the energy sector shifts emphasis back towards security of supply and affordability, Australia remains a key destination for upstream investment. Looking closer at Australia’s oil and gas sector, how are companies positioned to manage the rising complexity and uncertainty faced when making long-term capital decisions? Are Australia’s homegrown players leaders or laggards when pitched against their international peers? And how competitive are Australia’s oil and gas champions in the context of the country’s wider natural resources sector? Benchmarking corporate positioning through the lens of near-term resilience and long-term sustainability, we will identify the challenges, opportunities and strategic implications for Australia’s corporate oil and gas landscape.
Keywords: balance sheet strength, benchmarking, carbon, cash flow, corporate analysis, decarbonisation, diversification, emissions, energy transition, financial position, framework, international oil companies, low carbon, natural resources, new energy, portfolio, resilience, resource themes, strategy, sustainability.
Andrew Harwood, Research Director, Corporate/Upstream Research, Wood Mackenzie. Andrew is responsible for Wood Mackenzie’s corporate coverage in Asia Pacific, providing analysis of the leading Asia-headquartered national and international oil companies. Andrew also contributes to Wood Mackenzie’s upstream research in Asia Pacific, working closely with the analyst teams in Delhi, Perth and Singapore. During his time with Wood Mackenzie, Andrew has supported several consultancy projects, including fiscal benchmarking, corporate strategy analysis, growth opportunity screening, portfolio valuation, and infrastructure studies. Based in Singapore since 2010, Andrew specialises in providing insight on global upstream themes, corporate strategy for national and international oil companies, merger and acquisition trends, exploration performance, and fiscal benchmarking. Andrew holds a BA combined studies degree in management and investment finance with honours from Heriot Watt University. |
