Planning and performance management for an E&P operator

Sia Partners UK supported our client with the major transformation of their business across their core territories. Find out more about what we did and the impact it had...


Our client was an E&P Operator looking to transform their business across its core territories of CEE and CIS. Locally the business was strong and they were looking for future reserves which would double (or more) their production levels. Finding the right assets, and developing the commercial and operating models and appropriate processes and systems needed to support future operations, was key if our client was to achieve their targets.   Sia Partners UK was asked to support the business by updating the strategy, with a very strong focus on the exploration & production segment as well as develop a fit for purpose economic model that they could use to inform their management decisions and investments in the future.


Part 1: Strategy refresh, economic model benchmarking and design

  • Mobilised the programme and set up an instant PMO
  • Gathered qualitative and quantitative data for the strategy refresh and external benchmarks for the economic model
  • Updated the strategy narrative and designed the tools and templates that would support it
  • Designed the economic model and the supporting vendor selection process

Part 2: Economic model development

  • Adopted a workshop-led approach to update the market, operational, and business unit strategies as well as give input into the design of the business planning process and performance dashboard
  • Scenario tested the strategies to ensure that they were robust and scalable
  • Developed and populated the economic model data structure design
  • Invited selected specialist companies to tender for the development of the economic and petroleum tooling support


Sia Partners UK successfully developed and defined the scope for a new economics and planning tool as well as an outline implementation plan. We shortlisted four vendors to support the tooling development and facilitated the initial RFP process to assess vendor compliance. We also managed the commercial responses for the anticipated software, set up, customisation, consulting services and other costs associated with potential 3 year licencing arrangements.

Sia Partners UK effectively identified a range of enabling processes required around business planning, and stage gate frameworks, for both investment and capital projects and supported the business development required to underpin and support the accelerated growth plans of the business.

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To find out more about how Sia Partners UK can support your business transformation programmes and help you build your internal capability, please get in touch. We would love to hear from you.

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