A national oil company transformed its performance and procurement processes to overcome difficulties in efficiency and rising costs with the help of Arthur D. Little
Our client, the upstream division of a national oil company, had been trying to increase reserves and production, and reduce costs to acceptable levels. They lacked key technology and business improvement skills and experience.
We pursued detailed practical implementation plans in a mix of technically and functionally led teams, involving direct interaction of our experts with client staff at all levels. We developed and ensured the introduction of practical activities to increase production, reduce costs and improve the performance of the business.
Our approach has restored production efficiencies, ensured that reservoirs are optimally developed, improved procurement processes and enhanced the operational performance.