Acquiring and divesting oil and gas assets and companies
23–25 April, 29-31 October 2008
London, UK
Access to quality international producing assets and reserves combined with infrastructure synergies, economies of scale and rapid growth potential are the key factors driving companies towards acquisitions and mergers. On the other hand portfolio rationalisation, lack of materiality and harvesting value in times of volatile commodity prices drives companies to divest assets and, in some cases, seek mergers. Whether a buyer or seller the mergers, acquisition and divestment (MA&D) process in the oil and gas industry requires careful management and a structured approach if values are to be maximised and deals completed in an efficient manner and timeframe. When conducted competently MA&D can help to promote investor confidence, growth, returns and operating efficiency in difficult and uncertain markets.
Competition for funding, cost of capital and stock market multiples in the past decade have prompted a trend towards major companies merging to remain competitive on a global scale. There have been winners and losers in this trend, and the stakes remain high for conducting MA&D effectively. Historical trends in oil and gas industry specific key performance indicators (KPIs) reveal those companies likely to prosper and those likely to become targets for acquisition. Successful companies have KPI trends that demonstrate their ability to divest of non-core assets and to concentrate on areas of core expertise based on technical, commercial and geographic focus.
This course develops the theme of optimising corporate and portfolio value focusing on the role of business development in ensuring long-term growth and improved returns through mergers and acquisitions. It concentrates on process and the recognition of the factors driving companies to merge, acquire and divest assets and the use of core competencies and asset base to provide competitive advantages. The principles, skills and techniques required for successful MA&D activity apply to both large and small companies.
For full details, visit:
http://www.energyinst.org.uk/training/804AQDIV.pdf
Posted by Online Data on Monday, April 07, 2008 10:50
Location London, UK
Category Training Courses
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