Many a time, amongst other factors, culture plays a major role in the success or failure of a process, system, business, industry, and economy. Culture varies from company to company, industry to industry and country to country. The success of business will be based on these deeply set norms and values and how best they
Kevin Lacy, Global Senior Vice President for Drilling and Completions, Talisman Energy (retired), once said, “It’s now statistically safer to work on a drilling rig than on a farm or a construction site. But if you factor in well control as a measure, and you create a safety scale of one to four, I’d put
At QuEST our tagline “Born to Engineer” wraps up very nicely who we are, what we do and our approach to conducting business. We have customers, colleagues who join us, others who may have left us, play back to us that this is indeed a very unique aspect about QuEST. An engineering approach to most
Recent Trends The importance of physical asset management to a company’s success has increased over recent decades. Automation is one reason for this trend, as it has forced industries to delegate more tasks to machines, thereby making maintenance more crucial. The perceived significance of maintenance by management spans a wide variety of perspectives. Some see
With the oil and gas industry operating in increasingly remote geographical locations, harsher environmental conditions, employing newer and unconventional processes for extraction, the importance of managing physical assets has started sinking in and managing these assets has become critical. This has in turn enabled a wholistic approach; one that is more balanced and inclusive of
Post identifying a supplier, supplier management becomes a key imperative to successful implementation of an outsourcing strategy. Many companies with limited experience in outsourcing underestimate the difficulties associated with integration of the service provider to their processes. More experienced companies have dedicated teams assigned to manage and facilitate the integration and implementation of outsourcing. Current
Engineering companies need to dig deep and ensure that their outsourcing services partner comes with the necessary domain expertise and relevant field experience backed by a strong commitment towards process orientation and maturity. By creating a self-sustaining Center of Excellence (CoE) and clearly distinguishing roles and responsibilities, organizations can ensure process and delivery consistencies within
Engineering companies need to dig deep and ensure that their outsourcing services partner comes with the necessary domain expertise and relevant field experience backed by a strong commitment towards process orientation and maturity. By creating a self-sustaining Center of Excellence (CoE) and clearly distinguishing roles and responsibilities, organizations can ensure process and delivery consistencies within
Oil and gas disasters tend to be catastrophic. Aging infrastructure and associated deterioration due to corrosion or other environmental factors, wave forces and other factors affect the structural integrity of rigs. Leakage results from failed infrastructure. Human/organization causes for oil and gas disasters such as errors or omissions during the design phase (faulty assessment of
Collaborative Innovation helps international organizations to solve critical issues of capacity and capability augmentation and cost optimization. More often than not, organizations seek engineering outsourcing as a collaborative option. Engineering outsourcing today has become more mature, with innovation driving the dynamics of every strategic outsourcing partnership. Pure-play sourcing relationships are slowly transforming into strategic partnerships
