Nicholas Carnrite, partner and managing director of The Carnrite Group, is today’s featured Forty Under 40 honoree.
Since his father worked in the oil and gas business, Carnrite grew up surrounded by the industry. He eventually made it his own, guided by the support of his father, brother and wife.
“I have learned about leadership primarily by observing the people around me,” he said. “People like my wife, my dad, my brother and my colleagues.”
In 2020, Carnrite moved to London with his wife, Kasey, to help expand The Carnrite Group, a management consultancy focused primarily in the energy, industrial and private equity sector.
Prior to his current role, Carnrite led the firm’s North America business development efforts in Houston and, from 2011 to 2018, worked as a consultant and project manager on complex projects in oil and gas, power, private equity, manufacturing and other industrial sectors. His experience includes corporate strategy, turnarounds and transformations, process redesign, merger and acquisition integration, cost reduction, organization design, digital transformation and sustainability.
From London, Carnrite is tasked with growing the firm’s relationships and business internationally.
“My primary near-term goal is to scale our Europe and Middle East businesses, which are anchored by offices in London and Abu Dhabi,” he said. “I am in the process of building core teams of diverse and talented individuals that are capable of selling consulting engagements and helping clients solve complex problems.”
Longer-term, Carnrite noted his goal is “to remain agile enough to recognize this is an industry that is constantly evolving.”
“The industry has a critical role to play in meeting global energy demand,” he added. “Oil and gas are not going anywhere any time soon. However, the industry must evolve, and doing so will require the creation of entirely new business models.”
Click here for Nicholas Carnrite’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
NOG Closes Utica Shale, Delaware Basin Acquisitions
2024-02-05 - Northern Oil and Gas’ Utica deal marks the entry of the non-op E&P in the shale play while it’s Delaware Basin acquisition extends its footprint in the Permian.
Vital Energy Again Ups Interest in Acquired Permian Assets
2024-02-06 - Vital Energy added even more working interests in Permian Basin assets acquired from Henry Energy LP last year at a purchase price discounted versus recent deals, an analyst said.
California Resources Corp., Aera Energy to Combine in $2.1B Merger
2024-02-07 - The announced combination between California Resources and Aera Energy comes one year after Exxon and Shell closed the sale of Aera to a German asset manager for $4 billion.
DXP Enterprises Buys Water Service Company Kappe Associates
2024-02-06 - DXP Enterprise’s purchase of Kappe, a water and wastewater company, adds scale to DXP’s national water management profile.
Tellurian Exploring Sale of Upstream Haynesville Shale Assets
2024-02-06 - Tellurian, which in November raised doubts about its ability to continue as a going concern, said cash from a divestiture would be used to pay off debt and finance the company’s Driftwood LNG project.