Projects and Assignments

Major International Energy Company

Sales process support

Cogitant prepared documentation supporting the successful sale of this small retail and b2b fuels business, presenting IT landscape information supporting buyer due-diligence processes. The sale completed successfully in January 2021.

Major International Energy Company

Supporting Sale of a 5 Billion USD Petrochemicals Business

Cogitant played an important early role in preparing this $5 billion division of a major international energy company for sale. Working to very tight timescales and with limited access to experts within the target business, Mike compiled and presented IT landscape information supporting the buyer's due-diligence process and activities. He also supported the client in pre- and post-signing discussions with the buyer, and helped build initial transition plans and approach. Post-announcement Mike helped onboard a full team of client and third-party resources, providing advice and guidance to the programme director and leadership team. During the execution phase Mike stepped in as needed to provide project data and analysis for steering board discussions, and to help unscramble and prioritise the complex and challenging requirements around license novation and transfers.  The transaction completed without disruption to business operations on 31 December 2020.

Major International Energy Company

Sales process support and disintegration planning

Cogitant helped this client prepare a retail business for sale, presenting IT landscape information to potential buyers and developing an IT dis-integration and transition plan. Further details of the project remain confidential as terms could not be agreed for the sale.

Major International Energy Company

Due Diligence and integration planning

In addition to completing a due diligence review of the potential counterparty, Mike assisted the business team identify and analyse sources of value associated with the proposed joint venture, and used this analysis to develop a prioritised transition plan and budget for IT. Further details of the project remain confidential as terms could not be agreed.

International Fortune 500 Utilities and Energy Business

Innovation Framework for Board Discussion

Cogitant developed a simple framework for use in a Board workshop on innovation approaches and processes. The framework included concepts of replication, translation and transformation, setting current activities in context and providing a stimulation to further exploration and discovery.

Major International Energy Company

Pre-sale information analysis and publication

Building on earlier work, Cogitant developed documents describing the IT landscape associated with a set of offshore business assets. Using this material, Mike supported early discussions with the prospective buyer covering potential asset transfers and transition planning. The sale was completed in January 2020.

International Fortune 500 Utilities and Energy Business

Preparing an IT update for Board presentation 

Working with the CIO of this large and complex international business, Cogitant prepared a pre-read and presentation slide deck covering information security, risk management and organisational change topics for discussion with the client's Board Audit Committee. Key challenges included presenting technical topics (AD consolidation, cloud adoption, IT risks and mitigations) and complex data (skills and staffing, infrastructure statistics) in meaningful and enlightening ways to a critical but non-technical audience.

Major International Energy Company

Due Diligence and Planning for a new 2 billion USD Joint Venture Business

Cogitant has worked over an extended period with this client preparing and reviewing plans for a major new Joint Venture to be undertaken with one of the largest companies in Asia. The JV will include fuels retail and aviation activities, building on existing upstream relationships between the parties. Mike built a detailed picture of the counterparty's existing business and IT activities based on Virtual Data Room contents and other sources. He also participated in due diligence visits to the counterparty's offices and sites, reviewing materials collected and preparing reports for the client.

Heads of Agreement were signed in August 2019, with the first in a series of detailed business agreements being signed in December 2019. The new JV business moved into live operation in July 2020.