McKinsey helping Azerbaijan’s oil & gas sector to develop strategies to pursue growth
Baku, Azerbaijan, Sept.24
By Leman Zeynalova – Trend:
McKinsey & Company with headquarters in the US, is helping Azerbaijan’s oil & gas sector to develop strategies to pursue growth, the company told Trend.
“We help oil and gas companies achieve step-change transformations through a set of unique services from digital strategies to engineering their organizations, hence making them future-fit. Through our unique combination of deep industry knowledge, field-tested approaches, proven tools and benchmarks, advanced analytical capabilities, and adopting agile ways of working, our clients create distinctive outcomes across the energy value chain. They deliver world-class projects that yield maximum return on invested capital,” said the company.
Within this context, McKinsey & Company is also helping oil and gas sector in Azerbaijan to develop strategies to pursue growth (growth through both localization and international expansion) and create additional value in an uncertain and volatile environment.
“On the other hand, the tailoring of these services would be different for each company as they all have unique goals and needs,” said the company.
McKinsey said it will continue expanding the company’s business in Azerbaijan.
“Similar to our presence around the world, we work with many leading public and private institutions in Azerbaijan on most critical topics for them. McKinsey & Company treats seriously its role as a professional advisor to clients and in line with our firm's values and confidentiality policy, we do not publicly discuss our client names or details of our client service. Azerbaijan is an important hub in which we see a lot of potential for growth and development. Both the government and private companies are working very hard to make further social and economic progress. And we are truly glad to be a thought and impact partner for them on this journey for more than 5 years,” said the company.
McKinsey & Company is a global management consulting firm, deeply committed to helping institutions in the private, public, and social sectors achieve lasting success, for more than 90 years.
With 131 Offices in 66 countries, McKinsey works closely with teams at all levels of an organization to shape winning strategies, mobilize for change, build capabilities, and drive successful execution. Globally, McKinsey serves on average more than 1,000 clients a month, including 90 of the top 100 companies worldwide and invests more than $600 million annually in knowledge development.
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