BWE building on history in the North Sea
The name Blue Water Energy (BWE) may be new, but the faces are familiar
BWE is a London-based, energy focused private equity (PE) firm. It has invested in UK continental shelf (UKCS) producer Siccar Point Energy and Norway's Mime Petroleum, both alongside fellow PE investor Blackstone, and the Norwegian continental shelf focused Wellesley Petroleum. Graeme Sword—a BWE founder partner and formerly head of oil and gas at PE firm 3i, which was active in North Sea E&P throughout the 2000s—recently spoke to Petroleum Economist editor-in-chief Peter Ramsay. PR: Is it fair to say the private equity (PE) investment has received something of an at least, cautious, if not bad press? And that even the term "PE in the North Sea" belies differences in approach? GS: I ag
Also in this section
3 May 2024
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind