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 work 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. Cogitant is providing subject matter expertise to the teams now involved in executing separation and divestment projects.