Industry Practices

Energy and Natural Resources
Focus should not just be on profit, but on long term strategy.

Energy & Natural Resources

Commodity price volatility, political unrest, government deregulation and asset privatisation in a climate of consumer and public scrutiny are all key factors to be faced by the industry

Energy & Natural Resources companies work in a  heavily regulated environment. A high standard of governance is essential in order to maximise  shareholder value and long term success.

Operations can be on a global basis which means companies are subject to both national and local laws.

As well as operating within the strict legislation set out by government, successful organisations should be engaging in a well thought out governance framework. An effective framework will outline clear roles and responsibilities of employees and management and involve excellent internal processes.

Focus should not just be on profit, but on long term strategy. In order to do this the Energy & Natural Resources industry has to implement resilience and recovery strategies. These strategies will need to pre-empt the threat of natural disasters, terrorism, asset or property damage and any other threats that could severely harm their business.

Reputation is important to this industry. As well as behaving in a socially responsible manner within the laws of host countries, companies need to understand that reputation is critical for successful long term gain.

Wilbury Partners works with the senior professionals involved in Legal and GRC issues. We focus on international organisations:

  • Oil & Gas
  • Mining & Metals

Recent assignments include:

  • General Counsel: Independent Oil & Gas company
  • Head of Compliance: Independent Power company
  • Operational Risk Director: Multinational Energy company
 
Contact one of our specialist consultants in this practice:

energyandnaturalresources@wpinternational.com

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