• Accelerating Capital: 2018 Oil & Gas Industry Planning Outlook

    November 22, 2017 | Bain Brief

    Cost-reduction efforts of recent years have laid the groundwork for a return to sustainable capital investment in the coming year.

  • Full Potential Oil Refining in a Challenging Environment

    September 21, 2016 | Bain Brief

    Refiners have enjoyed comparatively good times as the rest of the oil industry suffered, but they should prepare for a more competitive season ahead.

  • Technology, Strategy and People: Becoming a Digital Oil and Gas Company

    May 25, 2016 | Bain Brief

    Whether a leader or fast follower, every oil and gas company will need to develop a strategic plan for how it will use digital technology to gain a competitive advantage over the next three to five years.

  • Long-Term Survival for OFSE Companies

    April 25, 2016 | Oil & Gas Financial Journal

    Many OFSE executives are coming to grips with the fact that we may be at a once-in-a-generation strategic crossroads that demands conscious and careful decisions about the future.

  • Beyond Price: Managing Service Suppliers for Value at the Front Line

    March 30, 2016 | Oil & Gas | Bain Brief

    Contractors and suppliers make up more than half the operating costs for some oil and gas companies. With oil prices so low, careful and proactive management of supplier performance has become more important than ever. Empowering the front line to monitor the scope of work and contract terms can

  • How Offshore Drilling Can Transform to Thrive in the Long Term

    March 30, 2016 | Oil & Gas | Bain Brief

    Even before oil prices began to drop, rates for drilling rigs had begun to sag due to an overcapacity in the market. The subsequent decline in offshore activity is an existential threat to the drilling industry. To survive, drillers will have to work more closely with operators and suppliers to

  • Beyond Cost Cutting: The Opportunity for Oilfield Services and Equipment Companies

    December 02, 2015 | Bain Brief

    Upstream oilfield service and equipment companies have been among the hardest hit in the energy sector in the price decline since mid-2014. To reposition themselves to survive a long-term low-cost environment, executives are restructuring to reduce costs while optimizing their portfolios.

  • Improving Returns in Capital-Intensive Industries

    October 06, 2015 | Industrial Goods & Services | Bain Brief

    Bain partners and directors François Rousseau and Luca Caruso discuss the four steps to increase return on capital—even in the toughest markets.

  • Steering Through the Oil Storm

    January 09, 2015 | Bain Brief

    Oil and gas industry executives can't control prices, but they can take action to be in a better position when the upturn comes.

  • 2015 Planning Criteria: Five Fundamentals

    December 03, 2014 | Bain Brief

    Rising costs and lower oil prices have ushered in a period of increased pressure. It’s time to focus planning on the fundamentals.