Leading international energy business advisors Douglas-Westwood has opened a new office in Houston and appointed R. Michael Haney to lead its professional team. Located at Two Allen Center in Houston\u2019s central business district, the new facility forms a core part of the company\u2019s growth strategy and will manage the Douglas-Westwood group\u2019s Advisory and Research business in the world\u2019s energy capital as well as across the Latin America region.<\/strong><\/p>\n Mr. Haney has more than a dozen years\u2019 experience consulting for energy clients with Accenture, Arthur D. Little and Booz Allen Hamilton. He has completed consulting projects for most of the supermajor international oil companies, many of the world\u2019s national oil companies and several oilfield service clients. He also worked in industry and investment banking and he co-founded and later sold a software technology startup. <\/strong><\/p>\n Andrew Reid, Group CEO commented \u201cHouston is an important market for our services and is core to our continued internationalization, building on the investment in expanding our North American, European and Asian footprint in previous years.\u00a0 We already serve a large number of energy clients in the Houston area and throughout the US Gulf Coast region, and we anticipate a growing appetite for our leading Research and Advisory offerings in North America and throughout Latin America.\u201d<\/p>\n Over the past 22 years Douglas-Westwood has been focusing its investment in fundamentals research in the energy sector and building the breadth of its offering.\u00a0 At inception the research-based consultancy initially targeted the subsea industry but has developed leading insight into seismic, drilling, construction, offshore vessel and operational markets both off and onshore.\u00a0 Best known for research-based products, over 70% of the group\u2019s revenues are generated from bespoke consulting to aid financial, government and corporate clients in strategic decision making from a market and commercial perspective.<\/p>\n Reid added \u201cWe are delighted to announce the appointment of R. Michael Haney, who has joined the firm as Director and is based in Houston. Mike has considerable experience across the energy value chain. He has longstanding contacts and relationships in the sector and he understands the key issues and challenges faced by today\u2019s energy industry.\u201d<\/p>\n Mike added, \u201cI am very excited about joining the Douglas-Westwood team. The firm uses its deep knowledge of the energy business to help oil and gas, oilfield services and financial clients make better strategic decisions and improve results. I\u2019m especially pleased to be leading our Houston office and its efforts to help a wide range of clients, especially in the offshore and upstream.\u201d<\/p>\n A native Texan, Mike has completed projects around the world, including in Saudi Arabia, Peru, Colombia, Algeria, and Korea. He holds degrees in Mechanical Engineering and Managerial Studies from Rice University in Houston, as well as an MBA from the University of Texas at Austin.<\/p>\n