India, the third largest consumer of Oil and Gas industry has witnessed radical changes over previous decade. Deregulation of fuel prices, removal of subsidy and Governmental intent to attract private partners offers a wide scope investment in Oil and Gas industry.
The Trustworthy Group acknowledges the responsibility towards its client and has been successful in driving positive momentum by catering to consumers belonging to different segments. The efficacy of Trustworthy Group lies in tailoring solutions comprising of technical, financial, and management advisory and consultancy services to corporate, firms and individuals.
“Trustworthy group reflects its name on the purpose of providing accurate and Trustworthy consultation with a pool of Domain Experts who have vast Industry Knowledge and have been part of the most Dignified and Respected Organisations dealing in this Sector”, as quoted by Mr. Saurabh Kumar, Director and CEO, Trustworthy Advisors Private Limited.
Gaining a Strong foothold in Oil and Gas Consultancy
In a mere span of five years, Trustworthy Group
has achieved the distinction of advising big PSUs such as ONGC and GAIL. It also caters to enthusiastic investors with a limited knowledge and a high intent of creating profit from the Oil and gas energy sector.
For instance, Saurabh says, “Big PSUs like ONGC and GAIL possess differential consultation requirements and varying expectations if compared to the small enterprises having limited exposure and information of the market. While big companies need an independent vetting and second opinion from consultancy firms on the in-house analysis, the upcoming companies largely depend on technical supports and hand holding from the beginning.”
Most of the Clients come with the expectation to make them understand better about the available fields open for bidding or the assessment reserves of Oil Field or expected cash flow from the projects. Trustworthy Group has recently completed Independent review and vetting of techno-economics of oil field service companies with project cost of around USD 300 million, for a consortium of lenders (PSU Banks).
Services up to the Mark
Saurabh emphasizes on his quote “Our name speaks it all”. He adds, “We provide unbiased, genuine analysis and solutions on which one can Trust. We believe each business firm is unique and obviously one size readymade solution does not fit all. Hence, we start with understanding requirement of the Client and the risk appetite of the Client, post that we propose our findings with them.”
The in-depth analysis of the market being backed by appropriate statistical findings gives the perfect competitive edge for the Trustworthy Group. Its wide service profile includes Techno-Economic feasibility study of Projects, raising funds from banks and lenders, Capital Sourcing and Corporate Restructuring, It does due Diligence and vet the transactions including valuations and protect the interests of the client. Saurabh emphasises, “We help you grow by providing 24*7 online consultation window with an expert available in just a search.”
The year 2020 was a challenging for the economy. The company managed to take stock of the situation and look into the improvement of areas which were previously un-approached. This helped the company to gain more clients and increase revenue growth in coming years. Saurabh concludes, “We would like to very soon feature in the Best Consulting Firm for Oil and Gas Sector for Asia.
With economic activities picking up across the Globe and India being one of the favourite destinations across the world for Investment we are about to witness increase in activities in coming days. We also increased our Human Clients with Industry Leaders joining us and helping us contribute.”
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