COPENHAGEN, DENMARK. December 4th, 2025 – Alsen Group has announced a major strategic expansion of its advisory practice into the Middle East’s Oil and Gas Exploration and Production sector. This move positions the firm to support international energy companies and specialised service providers as they navigate a pivotal shift in the region: the transition from simple volume capture to the pursuit of “advantaged” barrels, low-cost, low-carbon intensity assets that can withstand long-term demand volatility.
The Middle East is currently undergoing a significant transformation. With National Oil Companies (NOCs) aggressively expanding production capacity while simultaneously implementing rigorous decarbonization mandates, the barriers to entry have evolved. Success is no longer determined solely by technical capability, but by the ability to align exploration capital with complex new fiscal frameworks, in-country value requirements and sustainability targets. Alsen Group’s entry into this saturated market is designed to provide the specialised, data-driven counsel required to secure resilient positions in this high-stakes environment.
Alsen Group will apply its proprietary “Framework for Certainty” to help clients identify and secure assets that offer genuine strategic durability. The firm focuses on moving beyond traditional acreage assessment to target opportunities where fiscal terms and energy infrastructure synergies combine to create the lowest possible breakeven costs. It also structures joint ventures that are resilient enough to withstand commodity cycles and evolving NOC priorities, while shaping bids that align with host government objectives for technology transfer, gas monetisation and decarbonisation.
“The narrative that the Middle East is a ‘closed’ or ‘easy’ market for incumbents is rapidly becoming obsolete,” said Anders Jørgensen, Partner at Alsen Group. “We are seeing a fundamental decoupling between companies that are simply drilling wells and those that are building resilient energy portfolios. In a basin this mature, the real exploration risk isn’t geological, it’s strategic. It is about understanding how a specific asset fits into a global portfolio that must remain profitable even if crude oil prices fall to $40 per barrel, while simultaneously meeting net-zero commitments. That is the nuance Alsen Group is here to address.
“The next decade of Middle East exploration will not be defined by discovery volume, but by asset quality and portfolio integration. We are entering this market to serve the operators who recognise that distinction.”
ENDS