Succession plan for Oil & Gas Tech company

Our Client

Successful UK based Oil & Gas technology business with a core market in the North Sea. An ageing senior management team and shareholder group retained all company knowledge but had no strategy or succession plan to address inevitable future change. There was a significant gap in age profile and competence in the company as well as increased business risk and diminished longer term sustainability.

Our Approach

Facilitated shareholder and management workshops to understand current business and practices

Utilised SWOT analysis to provide input to business strategy development

Created a project managed structure to plan for the future, including: succession planning, communication, recruitment and share restructuring

The Outcome

Defined company purpose, vision, values and strategies for use in internal and external communication

Installed business sustainability and management continuity

Introduced management systems to address planned and unplanned change

Introduced staff development channels and succession opportunities

Provided a business strategy to be used as a structure for future projects and strategic growth areas

Improved efficiencies in internal processes

Added value to the business

Increased future options available for the business (e.g. potential disposal)

Blog8th May 2024
ESG Diligence: The Key To Sustainable M&A Transactions
In today’s dynamic investment landscape, the integration of Environmental, Social, and Governance (ESG) factors has become more than just a trend. It is emerging to be strategically imperative alongside other more traditional performance measures such as profitability and financial performance. …
By Alasdair Green
View more
Blog7th Jul 2023
How Important is ESG in M&A Transactions?
Environmental, Social and Governance (ESG) is attracting increasing attention from investors and acquirers when evaluating investment, growth funding and M&A opportunities. At the outset of a possible deal, investors and acquirers are now taking more rigorous ESG considerations into account. …
By Alasdair Green
View more
Blog24th Jun 2020
Upstream E&P – Navigating complex landscapes in the energy sector
The Energy sector today is an incredibly complex landscape for executives and their leadership teams to navigate. It is increasingly challenging for them to know which way to go or where to turn. Crude market volatility and low prices continue as a result of the double impact of drop in demand…
By Alasdair Green
View more
Blog10th Apr 2020
Modelling Risks & Opportunities in Upstream Oil & Gas
The double whammy of the COVID-19 pandemic and the effects of the Opec+ price war is presenting what is rapidly becoming the upstream oil and gas sector’s biggest challenge to date. The combination of a dramatic drop in global consumption due to movement restrictions and lockdowns, with a market currently being flooded by Saudi Arabia and Russia with…
By Alasdair Green
View more

Succession plan for Oil & Gas Tech company

Our Client

Our Approach

The Outcome

Sign up for the latest industry insights

ESG Diligence: The Key To Sustainable M&A Transactions

How Important is ESG in M&A Transactions?

Upstream E&P – Navigating complex landscapes in the energy sector

Modelling Risks & Opportunities in Upstream Oil & Gas