Creating a successful business development and origination strategy
Commercial Advisory – Oil
The Engagement:
Commercial Advisory
The Client:
International Oil Major (top 5 globally)
The Challenge:
The trading group had lost access to physical flow and optionality as a result of a large divestment programme. Consequently, they required assistance to replace these through the development and build-out of 3rd party flows and optionality.
Duration:
18 months
How Energex helped:
- Advised on developing differentiated offers to its client, adapted to the specific strengths of the organisation, including integrating financing, risk management, and/or credit solutions into physical supply contracts
- Advised on the ideal organisational structure to support the execution of strategy and provided input on the organisational build-out, including introducing key hires
- Provided training and insights to the senior trading and origination teams regarding best-practice approaches to building and maintaining strong client relationships
- Supported the origination of significant opportunities in the target growth regions with appropriate clients/partners, including deal structuring and delivery
- Coordinated the management of the trading and origination teams to structure an attractive proposal for a target JV partner in one of the identified growth regions
- Operated as ongoing Thought Partners for the senior managers across the Supply and Trading group
Tangible Impact:
- Regional and market strategies for the key target growth areas
- Major ‘new’ deals including a JV with a leading partner in one of the identified key markets, as well as a market entry with a wholesale-retail partner which is now a key ongoing relationship
- Senior Leadership workshop, coordinated and facilitated by Energex, to review and approve new deals
- Successfully hired a senior candidate from our network to fill the capacity and expertise gap in a key target region
- Knowledge transfer to new team members of the origination group as well as the development of a ‘client-solutions playbook’