Oil and gas technology firm Petrotechnics is looking to take the pulse of the industry.
The Aberdeen based company has launched a survey on “operational excellence” – the standard to which an organisation can measure its success.
Now in its second year, the survey assesses how global trends – such as the oil price and digitalisation – are influencing attitudes across the hydrocarbon industry.
Last year, the OEI revealed some previously unknown facts including that more than 90 per cent of oil, gas and petrochemical professionals believed operational excellence was an important priority for their organisation and that technology was a key enabler.
Scott Lehmann, vice president 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.”
The results of the survey will be used to develop an industry report and whitepaper.