How important do you think networks such as the Oil & Gas Council are for your firm’s business development strategies? In particular what value do you think Rystad Energy will extract at our upcoming Asia Pacific Energy Assembly?
We always find the APAC Energy Assembly one of the key events for the year in the APAC region. The reason for this relates to the high seniority of the level of people attending, relevant topics of discussion and being a well-organized event.
What has been the greatest challenge you have faced so far in your tenure at Rystad Energy? What do you see as the greatest challenge specific to the APAC region?
I would say working as a consultant, you are continuously faced with new challenges, which makes it a very rewarding career path. From the early days of a consultant you need to learn different analytical and communication skills at the same time as you build industry knowledge. Then, moving into the project manager space you need to learn how to manage the overall projects, not just the analytical details, develop the consulting teams and start to build more commercial skills. At the partner level you are faced with establishing and maintain client relationships at the same time as being part of setting the strategic goals for the company.
Where do you see the biggest opportunities for growth within the industry in the next 5 years, does APAC’s outlook differ at all, and how are you positioned to support this?
I would say there are opportunities all across the region. The M&A market have really picked up this year with a lot of interesting deals, and I think we will see this continue into 2019. Gas demand has been off the charts in this region, and now several of the new LNG projects are moving towards sanction. In terms of the Renewables segment, APAC is really the hotspot globally, led by China and Australia, with more and more of the other Asian countries now increasing activities with in Solar and Wind.
I think Rystad Energy is very well positioned in the region being a specialized energy consultancy and research firm. We provide strategic, business development and transaction advisory for our clients, and have specialists within Upstream E&P, Oil Field Services and Renewables across the region.
What topics are you most looking forward to discussing and debating at the Asia Pacific Energy Assembly?
I think the event has a very interesting program, but I think the different perspectives from the E&P executives will be the most interesting, as their actions have a trickle-down effect on everything else happening in the region.
About Jon Fredrik Muller:
Jon Fredrik joined Rystad Energy in 2010. Prior to joining the company, he worked as a consultant at Accenture. His area of expertise includes strategy and market assessments, macro analysis, transaction support and valuation for upstream E&P, oilfield services, financial institutions and governments. He is particularly knowledgeable within offshore-related activities such as subsea, field development, drilling and offshore vessels. Jon Fredrik is a reputed speaker at industry events globally on global macro and offshore-related topics. He holds an M.Sc. in Industrial Economics and Technology Management from NTNU, Norway and participated in a graduate exchange program at the Haskayne School of Business, University of Calgary.