Oil and gas

We are shaping the world’s energy future

Shaping the future of energy from the Middle East

The Middle East holds over half of the world’s proven oil reserves and is a central player in global energy markets. Yet the region faces growing pressure to decarbonize, diversify, and sustain its competitive edge in a rapidly changing energy landscape.

National oil companies (NOCs) are balancing long-term resilience with near-term returns from hydrocarbons, delivering low-cost production while embedding sustainability across their operations. Chemicals players are adapting to shifting feedstock economics, localization mandates, and evolving trade flows. Across the sector, companies are responding to competition, technological disruption, and new regulatory demands. The future of energy leadership is being reshaped in the Middle East.

Shaping the future of energy from the Middle East

What sets Strategy& apart

We bring deep experience across the oil, gas, and chemicals value chain, combining regional understanding with global insight. Our teams have supported national and international energy leaders in shaping strategies, advancing decarbonization, and executing complex transformations. We work closely with PwC’s global Centers of Excellence, drawing on leading practices and proven tools to guide clients through disruption and strengthen their resilience.

How we partner with you

Stories from our clients

Developing a strategic resilience plan for a GCC NOC

A GCC National Oil Company needed to improve resilience against potential disruptions across its value chain. Strategy& mapped and modelled the client’s end-to-end oil & gas value chain, covering assets and molecule flows, and stress-tested it against 20+ disruption scenarios. The work helped the client identify critical vulnerabilities, bottlenecks, and risk exposures, and develop a strategic resilience plan to safeguard operations and maximize long-term value.

Redesigning the oil-sector operating model for a GCC NOC

A GCC National Oil Company needed to redesign its oil sector operating model as part of a multi-year transformation. Strategy& helped assess the existing structure, define the future-state model across key oil sector entities and functions, and develop a phased implementation roadmap. This enabled the client to strengthen role clarity, improve coordination across the sector, and establish a more effective organizational foundation to support long-term performance, resilience and strategic alignment.

Reassessing portfolio strategy for an integrated GCC energy company

An integrated energy company in the GCC sought to reassess its long-term strategic mandate as part of a broader transformation program and understand the implications for its portfolio and operating model. Strategy& reviewed the company’s long-term strategy, assessed its implications for the portfolio and corporate core, and developed an optimal portfolio, operating model and organizational structure with clear implementation recommendations. This enabled the client to sharpen strategic focus, align its corporate center with future business needs, and establish a stronger platform for value creation and portfolio resilience.

Building data foundations for a GCC upstream oil company

An upstream oil and gas company needed to strengthen its enterprise data foundations to enable advanced analytics and scale digital and AI use cases. Strategy& assessed data maturity across priority upstream domains, established a data governance policy, decision rights and stewardship model, and designed a target-state master data management architecture with clear standards, quality rules and governance workflows. This enabled the client to improve data consistency and trust, create a stronger foundation for analytics and AI adoption, and prepare for scaled implementation across the upstream value chain.

“ As the world looks to the Middle East for energy, we can show them how to lead the energy transition.”

James Thomas

Get in touch

James Thomas

Partner

Strategy& Middle East

Shantanu Gautam

Partner

Strategy& Middle East

Get in touch

James Thomas

Partner

Strategy& Middle East

Shantanu Gautam

Partner

Strategy& Middle East

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