Strategy Case 1 – Strategic evolution of Upstream player into an Integrated Energy Company.
situation
An African Independent recently acquired the upstream assets of an international oil company as part of its diversification strategy
The acquisition positioned it as the largest indigenous upstream player in West Africa, increasing previous production output by ten times
This rapid organisation expansion posed challenges that needed to be carefully addressed since the company was preparing for an international stock exchange listing
Management therefore sought to adapt organization to cope with needs from expansion, and support long-term corporate objectives
our approach
Conducted strategic outlook exercise to understand implications:
Global and regional landscape
Regulation and fiscal systems
Government policy
360 degrees Stakeholder analysis
Competitive landscape
Internal company capabilities
Contractors /Service Providers
Analysed current state: operational realities & organisational capabilities
Quantified gaps and developed evolution scenarios for future state
Defined tactics to execute strategy and capture “Quick wins”
Outcome
Became second ever West African Upstream player to list on an international stock exchange
Revised portfolio strategy highlighting businesses to be divested and acquisition opportunities
Successfully repositioned business in Upstream, Mid, and Downstream sectors