Digi-OE: the merger that every energy company should do
Merging digital technologies with operations excellence is the new lever for performance improvement
Over the last few decades, operational excellence (OE) programmes have been an important way that oil and gas companies have sought to enhance their performance. Such programmes, built on the foundations of process excellence techniques such as Lean and Six Sigma, whipped around organisations, optimising processes and taking out cost. But, despite some success, most did not realise the full performance potential of their assets and operations.
Often a high manual effort was required to sustain the benefits, such as in gathering and presenting data to analyse and control process performance. Other times the programmes failed to integrate, and therefore optimise, across end-to-end workflows.
Welcome to the PE Media Network
In 2021 Petroleum Economist is joined by Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry
Want to read more?
Please choose from one of the following options: