Gasco Venture Development provides the platform through which customers can access our services under innovative commercial structures that ensure complete alignment. The division delivers investment support on upstream and infrastructure projects where we are providing engineering & construction or operations services.
Working with the owners of oil & gas assets, Gasco Venture Development combines the group’s capabilities in the design, build and operation of facilities and infrastructure with a commercial approach to investment, which delivers innovative and effective development solutions and ensures complete alignment. Through the delivery of world-class services, Gasco strives to add value to the activities of its customers and partners. This performance-driven approach is reflected in the variety of commercial models through which Gasco Venture Developments leverages the group’s service capability.
Gasco is prepared to risk its own capital, alongside that of its customers and partners and, in so doing, it ensures complete alignment with the objectives of the development. This exposure to the risks as well as rewards of a development’s performance can be made in a number of ways, including concessionary structures (such as build-own-operate, gain-share arrangements, performance-driven service contracts) or direct equity investment.