IND
Energy & Natural Resources
Political, environmental and technological drivers have exposed the energy and natural resources sector to change on an unprecedented scale.
The oil and gas industry is responding to an oil price half its recent peak; changing the economic balance between offshore, onshore, shale, and fracking production. The mining sector is also responding to increasing costs and international concerns over environmental impact.
The power sector is responding to the climate change agenda, partly through reducing carbon emissions, but also through continued investment in established renewable technologies like solar and wind, and in emerging technologies such as tidal and wave power.
This changing landscape requires companies to challenge the shape of their organisation and the skill mix within it.
India
India is rich in natural resources, with the 2nd largest oil reserves in Asia, the world’s 4th largest coal reserves, and significant potential in the in minerals and metals industries.
But corruption and poor government run extraction companies have stymied the country’s ability to efficiently extract resources, and as a result, India is still a net importer of oil and coal.
A relaxing of regulations has now provided space for multinational firms to invest in India. Odgers Berntson’s Industrial team works with organisations across the globe to develop executive teams with the skills to excel in India’s complex resources sector.
