Client: A French multinational integrated energy and petroleum company, recognized as one of the ten supermajor oil companies globally.
Challenge/Business Requirement
- The client sought to expand its presence into the LNG mid-stream market in Southeast Asia.
- They needed to evaluate various market entry options, conduct a thorough cost-benefit analysis, and develop effective market entry strategies.
Scope of Work
- TechSci Research assessed multiple options for entering the Southeast Asian LNG mid-stream market.
- Conducted a detailed cost-benefit analysis to evaluate the financial viability of different options.
- Explored and recommended potential market entry strategies, considering the competitive landscape and market dynamics.
- Provided strategic insights to support the client's decision-making process.
Conclusion/Outcome
Leveraging TechSci Research's strategic recommendations and in-depth analysis, the client successfully established a Joint Venture (JV) with a leading Indian LNG player. This strategic partnership facilitated the client's entry into the Southeast Asian LNG mid-stream market and fostered synergies within their existing gas business in India. The collaboration enabled the client to achieve its market expansion goals and strengthen its position in the LNG sector.