The oil and gas industry is grappling with a range of complex challenges: energy transition, increasingly volatile oil prices, intensified global competition, the rise of disruptive technologies, and more sophisticated government regulations. These factors increase the complexity and risks for even the best-run firms. That’s why BCG is embracing new digital business models and an adaptive strategy, helping companies rise above industry perils to outflank competitors and thrive in the years ahead.
Bain advises government and national oil companies, major and independent commercial oil companies, petrochemical producers, renewable energy companies, oilfield service firms, private equity investors and sovereign wealth funds as they seek to compete in a dynamic industry. From maximizing the value of existing reserves to deploying the latest innovations in fossil fuels and alternative energy sources, we help you develop the right strategy to yield an enduring advantage.