Solomon Acquires the Assets of EnSys Energy, July 21, 2020 – Adds Strategic Analysis and Forecasting Capabilities to its Advisory and Benchmarking Services Portfolio
The July acquisition of its assets by Solomon Associates greatly strengthens the capabilities EnSys Energy built over the past 40 years. Starting in 1980, we operated as an independent consulting firm specializing in the “downstream” petroleum industry. We covered crude and non-crudes supply, refining, crude and product logistics, trade and oil markets, providing highly quantitative strategic assessments and outlooks. These focused on capacity, operations, technology, economics, markets, logistics and regulatory factors. With clients as varied as the DOE, DOS, EPA, CFTC, American Petroleum Institute, OPEC Secretariat, midstream, major oil and technology companies, together with extensive expert witness work, EnSys established a reputation for independence, objective and thorough analysis.
EnSys’ fuels/regulatory track record dates back to the late 1980’s and covers reformulated, ultra-low fuels and renewable fuel initiatives. From 2015 through 2019, we were heavily focused on marine fuels and the impacts of the IMO 2020 Sulphur Rule. Continuing work through 2020 includes generating a global downstream reference outlook through 2050 in support of the 2020 OPEC World Oil Outlook, and, with Solomon, assessing the impacts of the COVID-19 pandemic on global refining.
Acknowledged for over 30 years as leaders in the evaluation of North American markets in a global context, EnSys became heavily involved in assessments relating to the major supply and logistics developments occurring in the USA and Canada. This has led to a series of key analyses and on-going services bringing to bear an exceptional level of understanding of US and Canadian crude oil logistics and markets.