Projects and Assignments

Major International Energy Company

Pre-sale information publication and project initiation with buyer

Cogitant collated information from multiple sources and prepared IT documentation to support the sale process for this offshore asset sale. Mike met with the prospective buyer before and after signing to discuss IT applications, infrastructure and communication system associated with the asset, and to review transition options. 

International Fortune 500 Utilities and Energy Business

Promoting Enterprise-wide Optimisation of IT

Cogitant worked with the newly appointed Vice President for IT to develop and publish an IT strategy document for Corporate Board discussion. The document introduced opportunity areas across applications, infrastructure and organisation, promoting and leading constructive discussion about proposed changes to structure and approach. A simple conceptual model based on Jeanne Ross's work on process architectures was introduced to support global / local discussion in a currently decentralised international business.

International Fortune 500 Utilities and Energy Business

Providing Current, Relevant Information Security Briefing

Cogitant developed a tailored information security briefing to help improve levels of awareness and understanding within the client organisation's management team. The briefing drew on a combination of actual client experiences and risks, set against the external threat landscape. Risks and consequences were illustrated via three relevant case studies, and practical risk-based steps to mitigate threats on an ongoing basis were presented.

Major International Energy Company

Pre-signing due diligence study of prospective Asian fuels retail JV partner

Cogitant led an IT DD investigation of this prospective JV partner based initially on public domain and data room information. Mike prepared the agendas, briefing and information collection documents that supported a series of discussions with partner and client teams, culminating in a visit to the partner's head office and fuel retail facilities. Mike also prepared first-order IT build cost estimates for the new JV business for inclusion in investment decision support documents. The JV agreement was signed in April 2017.

Major International Energy Company

Early-stage preparation of IT landscape documentation for two large upstream divestments

During the early stages of preparation for marketing and sale, Cogitant collated and analysed information from multiple sources to develop an accurate picture of the IT landscape supporting two large collections of upstream business assets. These collections were marketed separately and ultimately sold to different buyers. The business scope of each sale included offshore platforms, onshore processing and storage, and onshore / offshore pipeline networks.  The divestments involved multiple equity stakes and transfer of operatorship responsibilities.

Cogitant's analysis and documentation was used to support discussions with prospective bidders, and to inform client discussions around likely transition costs and complexity during the early stages of the projects. The knowledge base provided a good foundation for the client project teams assembled to execute the dis-integration and transition projects, which both concluded successfully in 2017. Mike continued to provide subject matter expertise and guidance to the execution teams and conducted an independent Post-Implementation-Review for one of the projects.

Major International Energy Company

Due diligence, transition planning and negotiation

From initial research and data room analysis through to commercial negotiations and legal documents review, Cogitant played a significant part in preparing IT-related parts of this bid to acquire a 1 billion GBP fuel retail acquisition. Cogitant's responsibilities included:

  • Seller and target research - IT landscape, capabilities.
  • Analysis of business and IT information available via data room; driving IT Q&A process; preparing reports and presentations.
  • Development and refinement of cost models for integration and ongoing operating costs, as input to business valuation. Monte Carlo simulation modelling uncertainties.
  • Review of transition and integration options and plans with local and global IT teams.
  • Due diligence reviews with seller IT teams & preparation of reports for client
  • Modelling capex and opex impact on client organisation.
  • Legal document review & mark-up.
  • Transition services discussions and negotiations.

Major International Energy Company

Pre-sale information gathering for complex facility sale

Cogitant worked with the local IT team to prepare asset documentation for this petrochemicals facility sale. Mike supported initial transition planning and on-boarding of the project team manager charged with executing the complex separation project.

Major International Energy Company

Marketing, transition planning and Execution

Cogitant was engaged initially to support IT-related discussions with potential bidders for this major European oil terminal, and to assess the bidders' ability to execute in the client's required timeframe. Upcoming changes in regulation drove an aggressive timescale for completion, and so Cogitant was retained to work with both client and buyer teams to drive planning and execution of detailed and complex cut-over activities. The divestment completed successfully on time and with minimal disruption to operations.