1 min read • Energy, Utilities & Resources
A new business structure
An article by Ben Thuriaux-Aleman, Principal at Arthur D. Little and Stephen Rogers, Partner at Arthur D. Little about a new business structure that is emerging in the E&P sector. Companies are under increasing pressure to deploy their best available technological capabilities to maximise recovery and efficiency, whilst also minimising costs in a safe way. At the same time, many companies are concerned about the ‘value’ of technology projects that have languished for years in the laboratory with no business uptake. The article discusses a new organisational form that tackles these challenges head on. The new form integrates all relevant projects, technology and procurement units into one single global division, which is then tasked with the full burden of delivery.
An article by Ben Thuriaux-Aleman, Principal at Arthur D. Little and Stephen Rogers, Partner at Arthur D. Little about a new business structure that is emerging in the E&P sector. Companies are under increasing pressure to deploy their best available technological capabilities to maximise recovery and efficiency, whilst also minimising costs in a safe way. At the same time, many companies are concerned about the ‘value’ of technology projects that have languished for years in the laboratory with no business uptake. The article discusses a new organisational form that tackles these challenges head on. The new form integrates all relevant projects, technology and procurement units into one single global division, which is then tasked with the full burden of delivery.
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