Investment Strategy

How we invest.

We invest across three pillars, each underwritten on the underlying asset, the counterparty and the jurisdiction. Capital is committed against verified milestones and enforceable security.

01

Upstream Investments

Upstream Investments

We acquire working interests and equity positions in oil and gas assets with independently certified reserves, and fund the appraisal, drilling and facilities work required to sustain and grow production. We invest alongside operators and indigenous partners, and take governance rights at entry.

  • Producing assets and working interests
  • Near-producing and redevelopment opportunities
  • Development-stage projects with defined work programmes
02

Structured Energy Investments

Structured Energy Investments

We invest capital against physical energy flows and reserves, structured around verified volumes, creditworthy offtakers and enforceable security. Each investment is underwritten on the underlying asset, the counterparty and the jurisdiction.

  • Oil cargo prepayments
  • Future production investments
  • Offtake-backed investments
  • Reserve-backed financing
  • Energy-backed structured credit
03

Energy Infrastructure

Energy Infrastructure

We invest in infrastructure that moves, processes and stores energy: gathering systems, pipelines, processing capacity, terminals and storage. These assets carry long lives, contracted throughput and demand that grows with the underlying economy.

  • Midstream gathering, pipelines and processing
  • Storage, terminals and marine handling
  • Gas monetisation and power infrastructure