M&A Transactions

Michael has worked in the energy industry for over 30 years, with an extensive background in building successful asset-backed trading businesses. He is currently the managing partner at Energex and leads the M&A Transactions Services practice.

Before co-founding Energex, Michael spent 23 years at Morgan Stanley and was an integral part of the senior management team that created one of the best-in-class global commodity trading divisions. He managed the global oil trading business whose activities spanned crude oil marketing, refining and tolling, product blending, storage, wholesale fuels distribution, shipping, principal investments and structured transactions, – covering virtually the entire value chain.

Michael has served on the boards of several private companies in the energy sector, in particular in the midstream storage, transport fuels and shipping sectors, and specialises in Commodities Trading Expertise (Oil), Building Complex Trading Operations and Growing and Optimising Asset Portfolios.

Specialities:

Commodities Trading Expertise (Oil)
Building Complex Trading Operations
Growing and Optimising Asset Portfolios
Commercial Due Diligence

Jason has over 23 years of experience in the Energy sector. At Energex, he leads the Infrastructure Services business, which provides strategic and business planning on the impact of energy transition and growth in energy needs spanning oil products, chemicals, base oils and renewables. Jason has led several large successful transactional due diligence processes and provides independent oil asset and strategy advice to Energex’s clients.

Before joining Energex, Jason spent 15 years at BP, where he developed and upgraded several billion dollars worth of assets and business transformation programmes. He is trained in multiple oil major project techniques and well accustomed to working with diverse teams, engineering companies, investors and asset operators.

Jason is a Cambridge Astrophysics graduate and specialises in Midstream Infrastructure, Evaluating Investment Cases and Projects, and Transactions Due Diligence.

Specialities:

Midstream Infrastructure Specialist
Evaluating Investment Cases and Projects
Transactions Due Diligence Expertise

Jonathan has over 35 years of experience in the oil and commodity industries.

Jonathan’s career began at Shell, before various trading roles in Goldman Sachs and GLG, and a leadership position in Koch Supply and Trading. He joined Morgan Stanley in 2007 and until 2016 he co-led the clean products trading team with responsibility for EMEA and Asia, before moving to a leadership role at CCI after it purchased Morgan Stanley’s trading operations. He is a former Chairman of the European Feedstocks Association

Jonathan specialises in Commodity Trading (Oil and Petrochemical Interfaces) for both Transaction Due Diligence and Strategic Advisory and has a focus on Energy Transition including biofuels.

Specialities:

Commodities Trading Expertise (Oil)
Transaction Advisory Due Diligence
Advisory in Energy Transition

Tom is an experienced energy industry advisor, with around 10 years’ sector experience having worked in analytics, strategy consulting and business management of the energy practice within a major global law firm. At Energex, Tom is focused on the natural gas and LNG sectors, advising on M&A, strategy, markets and operations.

Tom has advised infrastructure funds, (including Brookfield, FSI, OTPP, GIC and ADIA) on major transactions in the midstream oil and gas sector. Additionally, Tom brings experience of working with corporate/government clients in the gas and LNG sectors to develop their businesses and projects, enter new markets and build long-term strategies.

Tom specialises in Commodities Markets (Gas and LNG), Transactions Due Diligence; and Strategy Development.

Specialities:

Commodities Markets (Gas and LNG)
Transaction Due Diligence
Strategy Development

Liz has over 20 years of trading and commercial management experience in the oil, gas and LNG business. She joined Energex in 2020 and has enjoyed helping companies with commercial strategy and organisation, particularly around storage and refining assets.

Since 2013, Liz has worked as a consultant, where she initially focused on teaching and assessing traders in numerous major oil companies, NOCs, trading houses and at the ICE exchange. She continues to be the course leader on courses globally. Before this, she spent fifteen years working with BP, initially in refining, before moving to frontline oil, gas and then LNG trading roles in London and Houston. She has also worked in Group Economics and was the strategy manager for Shah Deniz II development.

Liz is also a Non-Executive Board member for Crossbridge Energy Partners which owns the Fridericia refinery and other assets focusing on energy transition and waste processing. She specialises in Commodities Markets (Oil, LNG and Gas), Midstream and Refining Business Strategy and Asset-backed trading.

Specialities:

Commodities Markets Expertise (Oil, LNG and Gas)
Midstream and Refining Business Strategy
Asset-backed trading

Boris has over 20 years of experience in various international leadership roles for Oiltanking, a global provider of independent tank storage logistics. At Energex, Boris is providing commercial and strategic advice to clients active in the energy infrastructure space, especially for storage terminals looking for opportunities related to the energy transition.

Before joining Energex, Boris ran his own company, an Energy Logistics Advisory firm, based in Amsterdam, the Netherlands. Advising clients in the energy industry to support their strategic decisions, with a focus on (storage) Terminals and port-related infrastructure. One of his main projects concerned the successful divestment of a large European storage terminal portfolio. During his extended career at Oiltanking, Boris was the MD of Oiltanking Terneuzen, was Business Director for Europe and the Americas, and functioned as the regional director for the Nordic and Baltic regions, where he oversaw the management of all terminals in the region.

Boris specializes in Storage Terminals and Port-Related Infrastructure, Commercial and BD-related activities and M&A-driven investment and divestment processes (oil, chemicals and renewables).

Specialities:

Storage Terminals and Port-Related Infrastructure
Commercial and BD-related activities
M&A-driven investments and divestments (petroleum and chemical space)

Ulrich has over 20 years of experience and is a seasoned professional with expertise in physical and financial energy markets gained at leading companies. At Energex, Ulrich is responsible for the proprietary Global LNG and Gas Model which covers physical and price forecasting functionalities. He contributes to the transactional due diligence process and models outlooks of energy transition scenarios and the impacts of environmental market developments on the energy markets.

Before joining Energex, Ulrich was responsible for forecasting, power market studies and project delivery activities at the Low Carbon Contracts Company. He has extensive commercial and transactional experience and is highly skilled in project delivery and the use of data science applications and modelling.

Ulrich specialises in Gas and Power Market Analytics, Commodities and Low Carbon and Investment Project Analysis and Modelling.

Specialities:

Gas and Power Market Analytics
Commodities and Low Carbon Expertise
Investment Project Analysis and Modelling

Michael has over 15 years of experience working in wholesale energy and carbon markets for leading energy trading companies in a variety of commercial and operational roles. At Energex, Michael will lead the buildout of our offering in the carbon sector, providing investible product solutions to institutional investors and advisory services to corporates to manage their carbon exposure in both compliance and voluntary markets.

Prior to joining Energex, Michael was Portfolio Manager of the EDF Trading carbon portfolio and of the EDF Group Carbon Fund, a EUR300m vehicle for the offtake of Certified Emission Reduction (CERs) credits under the Clean Development Mechanism. At Eni Trading & Shipping, Michael set up the emissions trading activity for the Eni group under the EU Emissions Trading Scheme, to originate offtake agreements under the Clean Development Mechanism and to build the customer flow business, working with new and existing Eni I&C clients throughout the EU. In 2020 Michael set up a service-based trading and advisory company, focused on carbon and environmental markets.

Michael specialises in Commodities Markets (Carbon focus); Origination and Business Development; and Energy Transition.

Specialities:

Commodities Markets Experience (Carbon focus)
Origination and Business Development
Energy Transition

Adam brings a wide range of experience from across multiple sectors in the energy industry and has built strong capabilities across a broad range of commercial matters in LNG and Gas through Business Development, Trading and Strategy Consulting roles.

Most recently prior to joining Energex, Adam was part of the Business Development team at Mitsui O.S.K. Lines, leading the development of greenfield FSRU-based gas-to-power projects predominately located in Africa and other developing markets.

Adam specialises in Commodities Markets for Gas and LNG; Transactions Due Diligence and Business Development.

Specialities:

Commodities Markets (Gas & LNG)
Transactions Due Diligence
Business Development

Rui is an experienced strategy consultant with over 15 years experience in strategic, commercial and M&A advisory in the Energy sector, with a focus on Energy Transition and Midstream and Downstream Oil & Gas markets. At Energex Rui leads our corporate transformation and strategy advisory services.  Most recently, he has advised a global fuel supplier in developing their global carbon strategy and associated operating model. He also advised a European utility regarding their LNG strategy and also developed the corporate strategy for a large European terminal business.

Before joining Energex, Rui was a senior independent consultant supporting Executive Boards on energy transition transformation programmes, e.g., with hydrogen at National Grid ESO and EfW & CCUS at Cory. He previously held managerial roles in Energy strategy teams at Oliver Wyman and PwC Strategy&.

Rui specializes in Corporate Strategy, Commercial Due Diligence in Energy Markets with a particular focus on methane gas & LNG and Renewable Fuels.

Specialities:

Corporate Strategy
Commercial Due Diligence
Energy Markets
Renewable Fuels