OPC held its annual customer review in London last week and more than 60 clients, consultants, partners and staff met to discuss the market and to celebrate another year of successful trading in the exploration and production sector.
As a reflection of current market conditions, the event was held in the club room of The Phoenix pub in Victoria and guests were treated to a traditional evening of beer, wine and platters of sausage rolls..! Guests were shown a rolling presentation (see below) of events throughout the last 15 months which also featured OPC’s Five Steps to reduce cost in E&P for 2015.
OPC Managing Director Piers Johnson said “It was great to see so many clients and consultants in attendance and I certainly enjoyed the evening. The message from most clients was positive – it is “Business as usual” for many of our London based customers. Most have been in the business for a long time and have experienced significant oil price fluctuations before. Their view is that they will ride out the current price level and will look for opportunities to pick up undervalued assets.”
Business Development manager Riley Smith added “The event gave us the opportunity to discuss with our clients, some of the new service options available which we’ve aimed directly at reducing expenditure and or increasing efficiency, it was great to hear such positive feedback.”