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Fig. 5 – Shales versus of-
fshore projects: which is the industry mean that many operators and contractors
best investment at S70 a
barrel?
22 Impiantistica Italiana - Settembre-Ottobre 2015
The fundamental changes in the global energy
will cease to exist. Only those companies that
develop new business models that can generate
profits in a low price energy surplus environment
will survive and prosper. This will mean targeting the are facing existential threats, and need to be
right market sectors such as shale development,
petrochemicals and midstream and letting go or
minimizing spending in sectors like the deepwater
or oil sands.
J.P. Chevriere
J.P. Chevriere is an honors graduate, magnum
cum laude, of Temple University with a Bachelor
of Science engineering degree, and a Master of
Science degree from the Massachusetts Institute
of Technology (MIT). He also holds a doctorate
from the Université de Paris. He is a member of
numerous professional organizations including the
American Institute of Chemical Engineers and the
Houston Philosophical Society. Mr. Chevriere is
also a current member of the Rice University Global
Forum Steering Committee.
Mr. Chevriere has spent the majority of his career
working in the international energy arena for many
of the leading global firms. He held executive
positions at Arco and Uop. He has been deeply
involved in the areas of acquisitions, mergers
As our figure 5 indicates, the financial returns and
payback periods are not very good for deepwater.
Thus, companies will have the tough decisions
of cutting back many of their traditional markets.
However, companies facing a shale driven market
reminded that tradition should be a guide not a
jailer if one is to survive.
and strategic studies for international energy
companies.
In 1983 Mr. Chevriere and several partners founded
Transmar Consult, Inc. a leading advisory to the
global energy and industrial sector.
He is a member of the Board of Directors of
Appleton Partners, a multi-billion dollar Boston
based Investment Company. He is also a Director
of Logo, a Paris based optical company.
Over the years, Mr. Chevriere has frequently
published in Oil & Gas Journal, Offshore, World
Oil, Chemical Week and Hydrocarbon Processing
Magazine.
Mr. Chevriere is a frequent speaker on diverse
management and engineering subjects.