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L.E.K. opens office in Houston

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Hydrocarbon Engineering,

L.E.K. Consulting, a global management consulting firm, is expanding its work in the oil and gas sector by opening an office in Houston, US that will be led by two new L.E.K. Partners.

Nilesh Dayal and Senjit Sarkar have focused on the energy sector throughout their careers and bring over 20 years' experience to L.E.K. The company advises a range of clients in the oil and gas area, such as exploration and production firms and petrochemical firms on their most pressing strategic business needs.

L.E.K. believe the demand for their strategic expertise in oil and gas is increasing, as the rise of unconventional oil and gas and extreme cyclicality of recent years upends the supply-demand balance; as consolidation pressures margins and forces equipment suppliers to look for differentiated positions in the market; and as rapidly evolving technology, like the Internet of Things, disrupts the value chain while simultaneously presenting opportunities.

"We are excited to continue to meet and anticipate the needs of the energy industry by adding two highly experienced experts and building up our presence in Houston," said Carol Wingard, Managing Director and Head of L.E.K.'s Americas Industrials practice. "We are delighted to welcome Nilesh Dayal and Senjit Sarkar as partners. Their deep industry experience and expertise will further enhance our ability to deliver high-impact results to help our clients grow their businesses."

Dayal has over 20 years of experience in international consulting and business management focused on the energy, utility and chemical sectors, and was most recently a Vice President at IHS Markit.

Sarkar has over 15 years of experience working with corporations and financial sponsors on corporate strategy development, investment analysis, post-transaction support, digital strategy and implementation, scenario planning, and new market entry – and was most recently a managing director at IHS Markit.

"Our clients and prospective clients are facing dramatic and rapid changes in their markets. Our Houston office will help us better serve our growing cluster of clients in the industrials, oil and gas, and utilities sectors and anticipate their future needs," said Peter McKelvey, President of the Americas at L.E.K.

The company's new Houston office will also serve clients in the utilities and chemical sectors.

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