This sets the stage for consolidation and gaining competitive advantage through scale, said Andrew Steinhubl, a Houston-based partner at consulting firm Bain & Co. and co-lead of its North America oil and gas practice.
Splitting up an oil company can make for quicker decisiontimes as well as sharper capital and other resourceallocation, said Andrew Steinhubl, a partner at managementconsultant Bain & Co. in Houston. Whether the model fits forthe larger companies remains to be seen.