OPEX 2019: The drive towards operational excellence in oil and gas
The key challenges and solutions to achieving OPEX in the oil and gas industry in 2019 and beyond
We respect your privacy, by submitting this form you agree to having your details passed onto the sponsor who may promote similar products and services related to your area of interest. For further information on how we process and monitor your personal data click here.
The need for operational excellence (OPEX) in the oil and gas industry is not a new trend, with companies talking about it for years.
OPEX, however, remains a somewhat vague goal as different organizations come at it from different angles, aware that they need to reduce costs, improve efficiency and enhance customer experience.
While these goals can be achieved through a forward-looking and coherent OPEX plan, the path to success can differ significantly from company to company.
In this report, Oil & Gas IQ offers definition and structure to what OPEX looks like for oil and gas companies, focusing in on topics and theme discussed at the OPEX Online 2019 conference including:
- OPEX as it relates to the use of data and analytics software
- Digital transformation
- Ageing assets
- Risk-based inspection
The 2019 online event was attended by more than 1,000 oil and gas professionals and featured speakers from OpenText, Shell, Texas A&M University, Kinder Morgan and ADNOC.
This report contains highlights from the event and discusses challenges to achieving OPEX in 2019 and beyond, as well as solutions designed to help companies reach their goals.