Upstream Oil & Gas

The upstream sector covers the exploration and production oil and gas, and related services sectors. 

Against a backdrop of firming prices for oil and gas, industry investors are looking for the next level of performance. As oil and gas companies identify and capture new opportunities, they are leveraging innovative technologies to improve extraction and to access new resources, investing in skills to better manage major projects and assets, focusing on operational excellence and standardisation to improve efficiencies, managing human capital more creatively to address the tight labour markets, and adapting operating models to respond to new business realities characterised by maturity, competitive intensity, and asset integrity.

Global exploration and production trends are on the verge of rapid acceleration, as abundant capital resources look for a home in traditional areas and unconventional hydrocarbons such as tight gas, coal bed methane, heavy oil, tar sands, and shale. Drawing on our global capabilities, Booz & Company is equally effective in creating and delivering essential advantage to upstream oil and gas clients in North America, Europe, the Middle East, Africa, Russia, and Asia.

How We Help Our Clients

• We help clients develop and execute new strategies
• We assist clients enhance their operational readiness and effectiveness
• We work alongside clients to tackle tight labour markets, develop new skills, address discipline requirements, and build sustainable workforce strategies.