Operational Excellence: “The Oil Price Won’t Allow Us To Be In Denial Any Longer.”
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There is no doubt that 2016 has been one of the hardest years in living memory for the oil and gas industry, with stunted oil prices, project postponements and worldwide employee triage and attrition.
Now, more than ever, the hydrocarbons sector is looking to the tenets of operational excellence to streamline working practices and make profits in a climate that is adverse to gainful revenues. But will the lip service given to operational excellence practices actually outlast the oil price downturn?
We speak to an industry veteran and “survivor” of several oil price depressions about how he says the next few years will unfold.
