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THE LATEST NEWS ABOUT DELTASOURCE
2020 PROJECT SUMMARY
JANUARY 2, 2021
After a challenging but financially successful 2019 for Opensource Capital and Deltasource,
2020 has been transformational year, with successful investments across our range of focus sectors, including crystallization of investments in gold, rare earths and power-sector enabling technology and have strategically repositioned Deltasource by establishing valuable long-term partnerships in the traditional and low carbon energy sectors.
Deltasource has used 2020 to secure a firm footprint in 3 continents, providing for operating flexibility, expanding the family office capability, and improving access to quality projects. We are delighted that Carl Sykes has joined the group us to lead our MENA business focus and our important energy transition activity.
2019 PROJECT SUMMARY
JANUARY 1, 2020
2019 has been somewhat of a 'proof-of-concept' year for Opensource Capital and Deltasource, with a number of key investments across our range of focus sectors in challenging market conditions, including crystallization of investments in both an onshore gas storage project and our key pre-IPO investment in an ambitious Southern European onshore oil and gas play.
We have been active in seeking new projects across the sectors and have added the sector of medical cannabis, digital currencies and energy transition to our future technology projects ambitions.
Looking forward to 2020, we are confident in achieving key M&A in the energy sector, with potential for IPO activity and strategic partnerships 2020.
DELTASOURCE SECURES FIRST OIL AND GAS CUSTOMER
OCTOBER 16, 2017
We are proud to announce our new partnership with Ping Petroleum, an independent upstream oil & gas companyfocused on shallow water offshore production and development opportunities in North Sea and Malaysia. Ping Petroleum is the first oil and gas operator embracing DeltaSource philosophy and collaborative operating model and we look forward to a long and fruitful relationship for both our companies.
OPENSOURCE CAPITAL LUNCHEON AND ZENYATTA VENTURES CORPORATE PRESENTATION
MARCH 23, 2017
DeltaSource is delighted to support OpenSource Capital’s event, potential for an exciting technological disruption. Zenyatta’s Albany project is largest and only commercial hydrothermal deposit on the planet, and source of the highest purity product for Graphene conversion for the high performance industry as opposed to the heavy majority of the sedimentary (flake projects) market. The industry and academics are increasingly optimistic on the potential of the material in the construction industry, power market for lithium Ion batteries and fuel cells and the nano-material (graphene) composite market.
GROWING A STRATEGIC PRESENCE IN WEST AFRICA
FEBRUARY 02, 2018
Following the recent dynamics in the West African offshore oil & gas industry, with signiifcant improvement of asset transactional market as well as E&P operations, DeltaSource has expanded its presence in the area with the appointment of Michael Smith, a charter financial advisor with 20+ years of African experience with PwC.
DELTASOURCE ON THE ICHTHYS PHASE 2 FEED
JULY 31, 2018
We are pleased to announce that Deltasource are providing engineering leadership at support of the Seipem/Aker consortium, who are in process of tendering the front-end design work for the Inpex’s mega project Ichthys Phase 2, a large offshore natural gas/LNG development circa 200km off Australia’s north-west coastline.
DELTASOURCE ACQUIRED BY OPENSOURCE CAPITAL
MARCH 13, 2018
With a view to fully align investment strategy, achieve seamless integration of our services and improve transparency over our operations, OpenSource Capital has acquired 100% of DeltaSource. Our capabilities and operating model remain vistually the same, with strengthened and streamlined integration with our mother company.
A DELTASOURCE VIEW FROM CERAWEEK ACTION
MARCH 10, 2017
We attended the CeraWeek content and here are our takeaways:
The energy majors continue to seek market differentiation with large scale and highly-strategic capital programs and investment in technological break-through areas such as cleaner energy, digitization and AI.
There will be more room for independents with the continuation of IOC non-core disposals and as efficient partners to smaller-scale NOC activity.
The anticipated forward price plateau will necessitate sustained capital control that means the SME industry will face increasing pressure on the investment choices, execution efficiency and fast-follow on technological advances.