The Energy Due Diligence Podcast: Beyond The Deal, Lloyd’s Register

Our host, Stuart Broadley, is joined by three members of the Lloyd’s Register team, namely Ian Crehan, Global Head of Energies Solutions, Ambrish Bansal, Global Head of Investment Advisory, and John Yates, Global Advisory Lead for Energy Projects and Assets, for a deep dive into the increasingly important role of due diligence in the global energy sector. Against a backdrop of heightened mergers and acquisitions activity, geopolitical uncertainty and shifting energy security priorities, they explore what drives investment decisions and why understanding an asset’s true value goes far beyond its purchase price. From portfolio transformation and energy transition investments to the consolidation of oil and gas assets, the conversation examines how investors are adapting their strategies to capture opportunities in a rapidly evolving market.

The discussion explores how technical due diligence helps buyers assess asset integrity, operational performance, future capital expenditure and the risks that could affect long-term returns. Drawing on Lloyd’s Register’s extensive experience across the energy asset lifecycle, the guests explain why robust due diligence must go beyond a tick-box exercise, challenging assumptions and translating technical findings into meaningful commercial insights. They also examine the growing M&A activity in floating gas infrastructure and global drilling markets, the opportunities presented by mature North Sea assets, and the increasing interest from investors entering the energy sector for the first time.

At the heart of the conversation is a fundamental question: what are investors really buying when they acquire an energy asset? The guests share why combining technical, commercial and market perspectives is essential to understanding future cash flows, identifying opportunities and avoiding costly surprises. They also reflect on the importance of independent expertise, trusted relationships and agile decision-making in a fast-moving transaction environment, where informed due diligence can be the difference between a successful investment and an unforeseen liability.