Petrotechnics launch Operational Excellence Index 2017 for oil global trends market

South Asian Summit on Gas Trading and Transportation(Image source: Surajseo/Commons)Petrotechnics, the developer of the world’s first software platform for operational excellence (OE), has launched the OE Index (OEI) 2017

Now in its second year, the survey assesses how global trends – such as the oil price and digitalisation – are influencing industry attitudes towards OE.

Last year, the OEI revealed many exclusive insights, including that more than 90 per cent of oil, gas and petrochemical professionals believed OE was an important priority for their organisation and that technology was a key enabler.

Scott Lehmann, VP of product management and marketing at Petrotechnics, says: “Much has changed in the last 12 months. North American and North Sea oil and gas producers have significantly lowered their lift costs, with similar trends being seen across the globe. While this is good news for the industry, the pursuit of OE is about more than just cost. It requires everyone, from the boardroom to the frontline, to consistently make the most effective operational decisions, based on an integrated view of risk, productivity and cost.

“The world is changing for hazardous industries: enormous economic and compliance pressures mean the need for OE is now critical. At the same time, digitalisation and enabling technologies are coming to the fore, particularly in Asia and the Middle East. Our aim is to understand how, in this complex environment, organisations are building on their commitment to OE and achieving best practice.”

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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