Energy issues are constantly in the news at present, whether it is the price of oil and gas, the challenges faced by increased demand in countries such as China and India, political developments in producer states such as Venezuela and Bolivia, or the potentially catastrophic effects of climate change.

For energy companies, these issues provide both opportunities and cause for concern. The increased demand, coupled with the threats to supply, mean there is an ever greater potential return for energy investments.

In turn, this means energy companies are more willing than ever to invest in uncharted territory.