The Evolution of Operational Excellence: 15 Years of OPEX in Oil & Gas

The Evolution of Operational Excellence: 15 Years of OPEX in Oil & Gas

The oil and gas industry has consistently focused on improving its operations, particularly as production costs rise, refinement margins come under pressure, and labor shortages persist, along with an increasing pressure to reduce risks and enhance sustainability. These challenges collectively amplify the need and value for Operational Excellence (OpEx), enabling industry leaders to confidently demonstrate that they are operating their assets safely, reliably, sustainably, and cost-effectively.

Ahead of the 15th Annual Operational Excellence in Oil & Gas Summit, we caught up with advisory board members Nicolas Felix, Operations Director, Asset Management and O&M at TotalEnergies, Julie Thyne, Global Improvement Director at Dow Chemicals, and Stephan Blasilli, Head of Business Process Excellence at EDP Renewables, to discuss the evolution of Operational Excellence within the oil and gas industry.

Read as they highlight the importance of learning from failures, the transformative impact of digital technologies, and the rise of automation and AI, along with challenges faced by operators today - from balancing investment with returns to managing change fatigue.