Oilfield services and equipment

Helping oilfield services and equipment companies maximize returns

We work with all subsegments of the oilfield services and equipment (OFSE) industry to maximize returns throughout industry cycles.

Our team of over 100 experts around the world draws on deep industry experience to find the right solutions for challenging problems. We know this industry and can deliver rapid insights with our proprietary data and solutions to match your business agenda.

We serve clients of all sizes, in all regions of the world, and with a wide range of needs. We tailor our approach to clients’ priorities to serve holistically on many topics—including strategy and operating models, capability building, digital transformations, supply chain efficiency, risk management, go-to-market and sales enablement, as well as AI-powered operational excellence.

Examples of our work

Growing adjacencies for an equipment manufacturer
Assisted the manufacturer to develop alternative growth opportunities by drawing on its core competencies, which led to a new revenue stream representing about 15 percent of the company. The process included identifying attractive segments, assessing go-to-market models, and enabling early commercial successes.
Developing a digital strategy for an asset owner
To drive bottom-line impact, the strategy was backed by a road map and business case for accelerating AI transformation. This included prioritizing use cases and defining tech architecture to scale technology applications.
Supporting merger integration for a global integrated OFSE company
Through applying project planning and risk management best practices, the company was able to accelerate 50 percent of its synergy target capture within six months and achieve a successful day one. The integration focused on creating a holistic set of levers across balance sheet, top line, and costs.
Supporting the operational transformation of an equipment company
This holistic transformation aimed for improvements across operations, manufacturing, and commercial services and achieved an incremental 60 percent increase in EBITDA.

Featured Capabilities

Operational transformation
We bring industry experts across all subsegments within the OFSE industry, with experience in operational improvements to assess and jointly build value-backed implementation plans to improve operations hand in hand with you.
Organization design
We bring a unique blend of OFSE and upstream business experience and best-class operating model and organization design to drive efficiency in structure, workflows, processes, and roles across your organization.
Strategy
Leveraging our Energy Solutions, we bring together industry experts to help establish where your company can win within the ever-changing energy landscape, driving strategic clarity with deep understanding of the business segment.
Digital and AI
We seek value-accretive digital and AI solutions by bringing industry expertise to digital solutions in order to ensure internal- and external-facing solutions have an impact on the bottom line.
M&A diligence
With our extensive diligence and strategy work in the industry, we have the ability to rapidly assess assets and understand their potential as we translate the technical characteristics into business metrics.
Marketing and sales
Our ability to bring a customer lens to any segment of the industry through our upstream, OFSE, and downstream experts provides our clients with the ability to craft unique value propositions that can be deployed through our robust sales best practices.
Supply chain
We bring a full understanding of business risks and challenges to supply chain and inventory optimization solutions that allow clients to drive lower working capital and optimize costs.
Merger integrations
Our rigorous playbooks for merger integration and value capture are supported by experts from the industry to drive pace for synergy capture and reduce integration risks for our clients.
Adjacent growth
With a complete understanding of our clients’ core capabilities, we have a unique methodology to assess adjacent avenues of growth that leverage their strengths and create new avenues for growth.

Featured Experts

Bill Ambrose
PartnerHouston
Brings over 20 years of experience to help clients solve their toughest strategy, operations, and digital challenges across oil field services and upstream industries
Spandan
PartnerHouston
Advises corporates and investment funds on strategy, M&A, and value creation in the energy sector, drawing on over 20 years of global experience with PE-backed and large-cap companies. Leads the energy private capital service line.

Featured Insights

Oil rig drilling amongst crops
Article
Strategies for OFSE companies confronting the energy transition
-
The oil-field-services-and-equipment sector has steadily declined for more than a decade. Companies can consider three broad strategies to revive their fortunes and chart a pathway for the future.
A winning OFSE agenda for current times
Article
A winning OFSE agenda for current times
-
Oil-field-service and -equipment companies are facing unprecedented structural headwinds. The sector must transform itself to regain investor confidence and attract the new talent that it needs.
OFSE quarterly: Revenues slip, but margins show some gains
Article
OFSE quarterly: Revenues slip, but margins show some gains
-
Here’s what you need to know about developments in the oilfield-services-and-equipment sector, which continued to face challenges in the third quarter of 2019.

Connect with our Oil & Gas Practice

Contact