The CEO Magazine - Asia’s Post

Oil giant, BP are currently in the process of overhauling their leadership and streamlining operations to enhance business efficiency. The company have identified a need to deliver a simpler, more focused and higher value company with a reduction in complicated processes. This will allow their team to focus on their main priority of growing the value of BP. More here: https://bit.ly/3W0YeT0 #BP #BusinessEfficiency #StreamlineOperations

In the strategic chessboard of 𝘀𝗶𝘁𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻 and 𝗶𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲 𝗻𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗶𝗼𝗻, precision and timing aren't just advantages—they're necessities. Our recent engagement with a Fortune 500 leader in the petrochemical industry exemplifies how GMJ navigates complex challenges to secure your competitive edge. 🔑 Strategic Challenge: An early announcement nearly jeopardized critical state incentives, presenting a scenario with significant financial stakes. 📈 Tactical Approach: With stakes high, GMJ stepped into a complex negotiation arena, armed with airtight strategies and deep industry insights. Our goal was clear: ensure the incentive package was not just a possibility but a guarantee. 🏆 Successful Resolution: Our expertise in high-stakes negotiation delivered. We didn't just secure the incentives; we fortified the project's position, demonstrating the indispensable value of seasoned expertise in critical economic decisions. This success underscores our commitment to empowering your business with strategic foresight and negotiation acumen. Discover how GMJ can be your ally in navigating the intricate landscape of economic development and incentive strategy. #Leadership #SiteSelection #IncentiveNegotiation #StrategicAdvantage #BusinessSuccess #StrategicPartner #GMJinc

#MOLGroup is an integrated, international oil and gas company, who were looking to identify #savings to finance their strategic investments. dss+ experts ran a business-level assessment across 3 countries and 5 sites. The assessment was conducted in 2 phases: -a top-down phase defining the financial ambition of the program as well as the structural elements to ensure #sustainability of the #improvement. Read more about this project: -a bottom-up phase using field data and observations to validate the ambition, align local #leadership, and define a #roadmap with tangible and measurable #ImprovementOpportunities. https://lnkd.in/dCJQs7UE

#MOLGroup's commitment to #sustainability is commendable. By identifying additional savings and developing a detailed improvement roadmap, dss+ pave the way for MOL Group to realize its vision of becoming a #SustainableChemicals company. This collaborative effort underscores the importance of integrating #OperationalExcellence with #EnvironmentalResponsibility to drive meaningful change in the energy sector.

Business leaders to converge in Namibia for conference - Freight News: Business leaders to converge in Namibia for conference  Freight News

The Big Picture. The Future. The Business. Join David Yager, Special Advisor to the Premier of Alberta, Executive Council and the Lunch Keynote Speaker at CHOA CONNECTS: Forging our Future - Profitable Sustainable Heavy Oil on NOV. 7, 2024. David Yager is an oil service executive, entrepreneur and writer, author and energy policy analyst. Since 1971 he has worked in multiple oilfield service and industrial sectors. From 1987 to 2012 was a founder, senior officer and director of three successful TSX-listed oil service companies. From 2012 to 2016 he served as National Leader Oilfield Services for MNP LLP. Through Yager Management Ltd., he consults as a finance, management and energy policy advisor to exploration and production companies, oil service companies, and trade associations, and served as chair of the Petroleum Services Association of Canada. David Yager has been active in business journalism and energy policy analysis since 1979. David Yager’s book - "From Miracle to Menace – Alberta, A Carbon Story" – was released in 2019. In 2023 he served as chair of the Premier’s Advisory Council on Alberta’s Energy Future and conducted an independent review of the Alberta Energy Regulator. His current position is Special Advisor to the Premier on energy policy. Don’t miss the chance to connect with David Yager on November 7th. Register for CHOA CONNECTS 24 here: https://lnkd.in/gtPSa6_p #Shaping the Future of Leadership #Unlocking Value: Advanced Well Designs and Pad Economics in Heavy Oil #What isDriving Investment in the Oil Sands? #Clean Energy Convergence: Hydrogen, Direct Air Capture, and the future of Alberta's upstream industry

Great model setup (mind map), and interesting hierarchy. If any model, shall it become successful, one will have to find someone who sees and understands the potential (risktaker) in the model presented, with access to funding resources. There must also be someone with the capacity (process owner) who can realize such a task. And finally it's a team work to make the model real. If any model regarding marginal fields should succeed, I believe it would have to rely on some bit of good luck and coincidence. 

🔓 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗠𝗮𝗿𝗴𝗶𝗻𝗮𝗹 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗡𝗼𝗿𝘄𝗲𝗴𝗶𝗮𝗻 𝗖𝗼𝗻𝘁𝗶𝗻𝗲𝗻𝘁𝗮𝗹 𝗦𝗵𝗲𝗹𝗳 🌊 ⚡Developing marginal resources on the Norwegian Continental Shelf presents different challenges, from high CAPEX to complex regulatory/financial frameworks. To tackle these, we need innovative commercial models that maximize Net Present Value while minimizing risks. 🔍 The attached mind map provides a set of commercial models, ranging from outcome-based partnerships to subscription-based services. For instance, risk-sharing agreements could enable E&P companies, alliance partners, and vendors to collaboratively develop smaller fields by sharing rewards based on production levels. 💬 Which commercial model, or combination of models, do 𝑦𝑜𝑢 believe is best suited to unlock the potential of marginal fields on the Norwegian Continental Shelf? I’d love to hear your experiences, insights, and recommendations. 𝐋𝐞𝐭’𝐬 𝐝𝐢𝐬𝐜𝐮𝐬𝐬! #Innovation #OilAndGas #EnergyTransition #NorwegianContinentalShelf #RiskManagement #Alliances #Partnership #Sustainability #DigitalTransformation #BusinessStrategy #Leadership

A new field of exploitation and in need of good ( care) policies, leadership, organisation and governance. Our world of energy simply depends on it. Lets take some learned lessons over the History of BigOil- and see to apply this, here too.

the article below highlights a lesson from economic history where successful incumbents can be swept away as a new era emerges. The challenge for today’s oil and gas leadership is how to adapt to a low-carbon era—where to place their bets and how to evolve their companies. the article provides 3 questions that are worth to investigate and answered. How can we make our core hydrocarbon businesses more resilient? Should we expand into low-carbon businesses, and if so, how? How will our operating model need to change to flourish in a low-carbon world?