In our current cycle, the Downstream segment is driven by speed, quality and cost. Today’s main challenges all come back to providing the greatest value from every dollar spent and cost effectiveness will likely continue to shape the industry in the years to come.
“Today’s main challenges all come back to providing the greatest value from every dollar spent“
This leaves us in a situation where we must provide even more value on the dollar – while at the same time continuing to work within the regulatory boundaries of our industry.
To me, assets rehabilitation plans and performance upgrades with technology injection are paramount to maximize value of existing assets and ultimately increase competitiveness for our clients. Productivity can be further advanced by rolling the program into a Long-Term Service arrangement. This will help find a sustainable balance between Opex and Capex for our customers.
Do you agree?