As a career oil and gas professional I was pleasantly surprised to find this book. The business of identifying, acquiring and developing oil and gas prospects in areas outside of the USA is quite challenging, but also very rewarding. IED has managed to capture this complex topic in a very logical and easy-to-read manner. From geology to legal issues, Scott Gaille has written a classroom textbook that is easy to digest and comprehend. An excellent reference for anyone starting out in this line of business but also appealing to the seasoned professional who needs to understand certain aspects of the process that he/she may not have focussed on in their career.
This text is as an excellent resource, both as an introduction to International Energy Development, and as a reference for the seasoned professional.
Gaille covers the legal and business aspects of international energy development in depth. Anyone involved in identifying, acquiring, or developing oil and gas prospects or investments internationally will get something out of reading this book. Gaille does a great job of highlighting the specific challenges and explaining them in a logical and straightforward text.
Truly an easy, but highly informative read. I also recommend Shale Energy Development as a follow up to this text if you're interested in the specific nuances of Shale.
I took Scott's MBA class at Rice based on this book, and it is a very direct, to the point overview of how to structure new business development efforts in upstream oil & gas. The book's material is especially useful when implemented in the context of upstream energy development in developing world areas, such as West Africa.
The author provides a comprehensive and systematic method for looking at large scale international investments. In addition his work shows relevance in what business developers need to know about conducting business in developig countries.
Scott Gaille has written with great clarity a superb book, " International Energy Development." It is a classic primer written from his own experiences as a negotiator for major oil/gas companies abroad. The first issue is business development or acquisition of the lease or property to develop and the many legal and "how to issues" related to such a significant undertaking. This book is worthy of study by both professionals and novices involved in the international oil/gas business. Because its genesis is from his course at the graduate level at Rice University--the structure and substance have been well-though out over a number of years. Moreover, we can only hope that the second half of the course is published in the near future in that it consists of numerous case studies from his own towering experiences.
The book starts of with the Gaille method for International Energy Development, which provides an excellent primer for the rest of the book. The chapters on International Joint Ventures and dealing with Host Governments are particulary inciteful and imperative for understanding international development. The book is written in a non-technical language in which you can pick up all the lingo you need to know in order to talk like an international business development professional. This is the perfect book for anyone trying to become familiar with international energy development, whether as a career, to gain an overview for a deal or client, or for enhancing knowledge of valuation methods of international assets (great chapter on this).
I am using this as a postgraduate student however it is the sort of guide one would refer to when engaged in actual development of energy projects, particularly overseas. Highly recommend this to both students and those on the commercial or legal side of developing projects.
The book is comprehensive, easy-to-read, and concise. It offers great insights on PRACTICAL perspective of business development in international energy projects. Coming from the Oil & Gas industry and having been in business development role before, I am still intrigued and inspired by what the book has to offer. Strongly recommend!
As a student and being new to the oil/gas industry, I found the book to be extremely comprehensive. The author does a great job in capturing opportunities and challenges present for any business seeking opportunities abroad. There are also specifics exclusive to the energy industry which provide guidelines on legal disputes and exit strategy. Overall, a great read.