Robert Arnott

Research Associate

Robert Arnott has been involved in the energy industry for nearly 40 years: working for E&P companies, as an investment banker, an equity analyst and company director. Over the past few years, he has spent more time researching new technologies needed to deliver the decarbonization of energy alongside his role as Executive Chairman of Petrolia NOCO AS, a Norwegian E&P company. He has helped to transform the company by building a young and diverse team keen to embrace new digital technologies and collaborative models. ESG principles are embedded in the Company’s strategy which is well positioned to play a part in the energy transition.

Contact

WP_Query Object
(
    [query] => Array
        (
            [post_type] => publications
            [posts_per_page] => -1
            [meta_query] => Array
                (
                    [0] => Array
                        (
                            [key] => author
                            [value] => 14528
                            [compare] => LIKE
                        )

                )

        )

    [query_vars] => Array
        (
            [post_type] => publications
            [posts_per_page] => -1
            [meta_query] => Array
                (
                    [0] => Array
                        (
                            [key] => author
                            [value] => 14528
                            [compare] => LIKE
                        )

                )

            [error] => 
            [m] => 
            [p] => 0
            [post_parent] => 
            [subpost] => 
            [subpost_id] => 
            [attachment] => 
            [attachment_id] => 0
            [name] => 
            [pagename] => 
            [page_id] => 0
            [second] => 
            [minute] => 
            [hour] => 
            [day] => 0
            [monthnum] => 0
            [year] => 0
            [w] => 0
            [category_name] => 
            [tag] => 
            [cat] => 
            [tag_id] => 
            [author] => 
            [author_name] => 
            [feed] => 
            [tb] => 
            [paged] => 0
            [meta_key] => 
            [meta_value] => 
            [preview] => 
            [s] => 
            [sentence] => 
            [title] => 
            [fields] => 
            [menu_order] => 
            [embed] => 
            [category__in] => Array
                (
                )

            [category__not_in] => Array
                (
                )

            [category__and] => Array
                (
                )

            [post__in] => Array
                (
                )

            [post__not_in] => Array
                (
                )

            [post_name__in] => Array
                (
                )

            [tag__in] => Array
                (
                )

            [tag__not_in] => Array
                (
                )

            [tag__and] => Array
                (
                )

            [tag_slug__in] => Array
                (
                )

            [tag_slug__and] => Array
                (
                )

            [post_parent__in] => Array
                (
                )

            [post_parent__not_in] => Array
                (
                )

            [author__in] => Array
                (
                )

            [author__not_in] => Array
                (
                )

            [search_columns] => Array
                (
                )

            [ignore_sticky_posts] => 
            [suppress_filters] => 
            [cache_results] => 1
            [update_post_term_cache] => 1
            [update_menu_item_cache] => 
            [lazy_load_term_meta] => 1
            [update_post_meta_cache] => 1
            [nopaging] => 1
            [comments_per_page] => 50
            [no_found_rows] => 
            [order] => DESC
        )

    [tax_query] => WP_Tax_Query Object
        (
            [queries] => Array
                (
                )

            [relation] => AND
            [table_aliases:protected] => Array
                (
                )

            [queried_terms] => Array
                (
                )

            [primary_table] => wp_posts
            [primary_id_column] => ID
        )

    [meta_query] => WP_Meta_Query Object
        (
            [queries] => Array
                (
                    [0] => Array
                        (
                            [key] => author
                            [value] => 14528
                            [compare] => LIKE
                        )

                    [relation] => OR
                )

            [relation] => AND
            [meta_table] => wp_postmeta
            [meta_id_column] => post_id
            [primary_table] => wp_posts
            [primary_id_column] => ID
            [table_aliases:protected] => Array
                (
                    [0] => wp_postmeta
                )

            [clauses:protected] => Array
                (
                    [wp_postmeta] => Array
                        (
                            [key] => author
                            [value] => 14528
                            [compare] => LIKE
                            [compare_key] => =
                            [alias] => wp_postmeta
                            [cast] => CHAR
                        )

                )

            [has_or_relation:protected] => 
        )

    [date_query] => 
    [request] => 
			SELECT   wp_posts.*
			FROM wp_posts  INNER JOIN wp_postmeta ON ( wp_posts.ID = wp_postmeta.post_id )
			WHERE 1=1  AND ( 
  ( wp_postmeta.meta_key = 'author' AND wp_postmeta.meta_value LIKE '{070262bf4f3949762001b576dfbf76e4a2f6113ddde65e676a4b8665966993db}14528{070262bf4f3949762001b576dfbf76e4a2f6113ddde65e676a4b8665966993db}' )
) AND ((wp_posts.post_type = 'publications' AND (wp_posts.post_status = 'publish' OR wp_posts.post_status = 'acf-disabled' OR wp_posts.post_status = 'wc-fraud-screen' OR wp_posts.post_status = 'wc-authorised')))
			GROUP BY wp_posts.ID
			ORDER BY wp_posts.post_date DESC
			
		
    [posts] => Array
        (
            [0] => WP_Post Object
                (
                    [ID] => 27851
                    [post_author] => 1
                    [post_date] => 2005-04-01 00:00:12
                    [post_date_gmt] => 2005-03-31 23:00:12
                    [post_content] => This report and presentation were prepared as part of the EUROGULF project carried out under the European Commission’s Synergy Program by a consortium under the coordination of the Robert Schuman Centre for Advanced Studies, European University Institute, Florence.
                    [post_title] => The Oil Supply and Demand Context for Security of Oil Supply to the EU from the GCC Countries
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => the-oil-supply-and-demand-context-for-security-of-oil-supply-to-the-eu-from-the-gcc-countries
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-03-01 15:40:45
                    [post_modified_gmt] => 2016-03-01 15:40:45
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/the-oil-supply-and-demand-context-for-security-of-oil-supply-to-the-eu-from-the-gcc-countries/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [1] => WP_Post Object
                (
                    [ID] => 27853
                    [post_author] => 1
                    [post_date] => 2005-03-01 00:00:19
                    [post_date_gmt] => 2005-03-01 00:00:19
                    [post_content] => Rob Arnott reviews the EP strategies of the major integrated companies as well as the independent oil and gas companies and identifies the keys to success and the common reasons for failure. Arnott identifies the key phases of exploration and production as well as the features of the best in class and contrasts company strategy statements against actual performance, key shareholder demands and industry views on the business.
                    [post_title] => Exploration and Production Strategy: Keys to Success and Common Reasons for Failure
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => exploration-and-production-strategy-keys-to-success-and-common-reasons-for-failure
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-02-29 14:04:49
                    [post_modified_gmt] => 2016-02-29 14:04:49
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/exploration-and-production-strategy-keys-to-success-and-common-reasons-for-failure/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [2] => WP_Post Object
                (
                    [ID] => 27868
                    [post_author] => 1
                    [post_date] => 2004-11-01 00:00:38
                    [post_date_gmt] => 2004-11-01 00:00:38
                    [post_content] => In a recent debate on oil depletion at the Energy Institute, Rob Arnott argued that robust demand was driving current strong oil prices not peak oil. His presentation focused on the ways in which oil is brought to the market and he showed that recent policies and strategies had led to a period of underinvestment in the oil sector which is only now being corrected. 
                    [post_title] => Oil Depletion or Depleted Policies
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => oil-depletion-or-depleted-policies
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-02-29 14:03:53
                    [post_modified_gmt] => 2016-02-29 14:03:53
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/oil-depletion-or-depleted-policies/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [3] => WP_Post Object
                (
                    [ID] => 27875
                    [post_author] => 1
                    [post_date] => 2004-10-01 00:00:44
                    [post_date_gmt] => 2004-09-30 23:00:44
                    [post_content] => The Shell Group has had to learn some salutary lessons in recent months. Robert Arnott reviews the recently published Audit Report and highlights the clash between corporate culture and governance.
                    [post_title] => Royal Dutch Shell: Putting at Risk Reputation as a Resource
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => royal-dutch-shell-putting-at-risk-reputation-as-a-resource
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-02-29 14:03:26
                    [post_modified_gmt] => 2016-02-29 14:03:26
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/royal-dutch-shell-putting-at-risk-reputation-as-a-resource/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [4] => WP_Post Object
                (
                    [ID] => 27905
                    [post_author] => 1
                    [post_date] => 2004-03-30 09:58:12
                    [post_date_gmt] => 2004-03-30 08:58:12
                    [post_content] => The debate surrounding oil and gas reserves estimates has been addressed by two new briefing papers jointly issued by the Oxford Institute for Energy Studies and the Sustainable Development Programme at Chatham House.  The papers, Petroleum Reserves in Question by John Mitchell and Oil and Gas Reserves: Communication with the Financial Sector by Rob Arnott, argue that a consistent framework for generating oil and gas oil reserves should be implemented to allow for better estimation, increased accuracy and therefore improved production and income potential.
                    [post_title] => Oil & Gas Reserves: Communication with the Financial Sector
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => oil-gas-reserves-communication-with-the-financial-sector
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-03-01 15:46:12
                    [post_modified_gmt] => 2016-03-01 15:46:12
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/oil-gas-reserves-communication-with-the-financial-sector/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [5] => WP_Post Object
                (
                    [ID] => 27917
                    [post_author] => 1
                    [post_date] => 2004-02-01 00:00:45
                    [post_date_gmt] => 2004-02-01 00:00:45
                    [post_content] => The booking of oil and gas reserves is an inexact science. First, many technical variables need to be taken into account to establish the volume. Then, economic parameters are superimposed on this volume in order to calculate the ‘proved’ reserves that can be produced at current prices. This volume is then reported in the year end financial statements and is widely accepted as gospel truth. So much so that, of all of the factors that drive share price movements, changes in the volume of ‘proved’ reserves have the most influence. It is therefore no surprise that, when Royal Dutch recently decided to ‘recategorise’ 20 per cent of its proven reserves base, the equity market reaction was so negative.
                    [post_title] => Value or volume?
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => value-or-volume
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2004-02-01 00:00:45
                    [post_modified_gmt] => 2004-02-01 00:00:45
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/value-or-volume/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [6] => WP_Post Object
                (
                    [ID] => 27920
                    [post_author] => 1
                    [post_date] => 2004-01-01 00:00:26
                    [post_date_gmt] => 2004-01-01 00:00:26
                    [post_content] => 
                    [post_title] => Oil Industry Trends
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => oil-industry-trends
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-02-29 14:00:02
                    [post_modified_gmt] => 2016-02-29 14:00:02
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/oil-industry-trends/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [7] => WP_Post Object
                (
                    [ID] => 27922
                    [post_author] => 1
                    [post_date] => 2003-11-01 00:00:29
                    [post_date_gmt] => 2003-11-01 00:00:29
                    [post_content] => 
                    [post_title] => An Examination of Private Oil Company Growth
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => an-examination-of-private-oil-company-growth
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-02-29 13:59:53
                    [post_modified_gmt] => 2016-02-29 13:59:53
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/an-examination-of-private-oil-company-growth/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [8] => WP_Post Object
                (
                    [ID] => 27941
                    [post_author] => 1
                    [post_date] => 2003-06-01 00:00:12
                    [post_date_gmt] => 2003-05-31 23:00:12
                    [post_content] => 
                    [post_title] => Growth and Returns
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => growth-and-returns
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-02-29 13:58:30
                    [post_modified_gmt] => 2016-02-29 13:58:30
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/growth-and-returns/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

            [9] => WP_Post Object
                (
                    [ID] => 27974
                    [post_author] => 1
                    [post_date] => 2002-01-01 00:00:11
                    [post_date_gmt] => 2002-01-01 00:00:11
                    [post_content] => After a long period of cost cutting, the oil companies were left with little choice but to embark on a wave of mergers to rekindle growth aspirations. If these efforts founder, what should the oil companies do next? Should they accept fashionable arguments in favour of deconstruction and break up into focused entities, and would this actually add value? We believe not, but this raises additional questions. How should they address the trade-off between reinvestment in growth and maintenance of returns on
capital employed? How should they measure the latter, and what does the capital market really expect of them? We believe that target returns on capital are far too high and current accounting returns on capital are largely delusive. This also has implications for capital allocation since the upstream is a lot less profitable than it looks, though still much more profitable than refining.
                    [post_title] => Oil Company Crisis: Managing structure, profitability and growth
                    [post_excerpt] => 
                    [post_status] => publish
                    [comment_status] => closed
                    [ping_status] => closed
                    [post_password] => 
                    [post_name] => oil-company-crisis-managing-structure-profitability-and-growth
                    [to_ping] => 
                    [pinged] => 
                    [post_modified] => 2016-03-01 15:56:39
                    [post_modified_gmt] => 2016-03-01 15:56:39
                    [post_content_filtered] => 
                    [post_parent] => 0
                    [guid] => https://www.oxfordenergy.org/wpcms/publications/oil-company-crisis-managing-structure-profitability-and-growth/
                    [menu_order] => 0
                    [post_type] => publications
                    [post_mime_type] => 
                    [comment_count] => 0
                    [filter] => raw
                )

        )

    [post_count] => 10
    [current_post] => -1
    [before_loop] => 1
    [in_the_loop] => 
    [post] => WP_Post Object
        (
            [ID] => 27851
            [post_author] => 1
            [post_date] => 2005-04-01 00:00:12
            [post_date_gmt] => 2005-03-31 23:00:12
            [post_content] => This report and presentation were prepared as part of the EUROGULF project carried out under the European Commission’s Synergy Program by a consortium under the coordination of the Robert Schuman Centre for Advanced Studies, European University Institute, Florence.
            [post_title] => The Oil Supply and Demand Context for Security of Oil Supply to the EU from the GCC Countries
            [post_excerpt] => 
            [post_status] => publish
            [comment_status] => closed
            [ping_status] => closed
            [post_password] => 
            [post_name] => the-oil-supply-and-demand-context-for-security-of-oil-supply-to-the-eu-from-the-gcc-countries
            [to_ping] => 
            [pinged] => 
            [post_modified] => 2016-03-01 15:40:45
            [post_modified_gmt] => 2016-03-01 15:40:45
            [post_content_filtered] => 
            [post_parent] => 0
            [guid] => https://www.oxfordenergy.org/wpcms/publications/the-oil-supply-and-demand-context-for-security-of-oil-supply-to-the-eu-from-the-gcc-countries/
            [menu_order] => 0
            [post_type] => publications
            [post_mime_type] => 
            [comment_count] => 0
            [filter] => raw
        )

    [comment_count] => 0
    [current_comment] => -1
    [found_posts] => 10
    [max_num_pages] => 0
    [max_num_comment_pages] => 0
    [is_single] => 
    [is_preview] => 
    [is_page] => 
    [is_archive] => 1
    [is_date] => 
    [is_year] => 
    [is_month] => 
    [is_day] => 
    [is_time] => 
    [is_author] => 
    [is_category] => 
    [is_tag] => 
    [is_tax] => 
    [is_search] => 
    [is_feed] => 
    [is_comment_feed] => 
    [is_trackback] => 
    [is_home] => 
    [is_privacy_policy] => 
    [is_404] => 
    [is_embed] => 
    [is_paged] => 
    [is_admin] => 
    [is_attachment] => 
    [is_singular] => 
    [is_robots] => 
    [is_favicon] => 
    [is_posts_page] => 
    [is_post_type_archive] => 1
    [query_vars_hash:WP_Query:private] => b169d41d050366d5bbef8ea1ea1c87ad
    [query_vars_changed:WP_Query:private] => 
    [thumbnails_cached] => 
    [allow_query_attachment_by_filename:protected] => 
    [stopwords:WP_Query:private] => 
    [compat_fields:WP_Query:private] => Array
        (
            [0] => query_vars_hash
            [1] => query_vars_changed
        )

    [compat_methods:WP_Query:private] => Array
        (
            [0] => init_query_flags
            [1] => parse_tax_query
        )

)

Latest Publications by Robert Arnott