7 Key Operational Excellence Challenges Facing the Oil and Gas Industry
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The oil and gas business operates within complex global and national frameworks. Expansion into new geographical regions and environments – such as ultra deepwater drilling - is creating new opportunities for revenue growth. But it is also increasing the complexity and risk of the business operations themselves. Additionally, ever changing regulatory frameworks imposed by different national governments - such as those designed to cap carbon emissions and those imposed after the 2010 Macondo disaster – is adding to the growing complexity and scrutiny that oil and gas companies are operating within.
These factors, coupled with an increasingly competitive market are driving a renewed focus on operational excellence within oil and gas operators.
This ebook looks at 7 key operational excellence challenges facing the oil and gas industry.