North Sea oil and gas wastage
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Shambler

Original Poster:

1,220 posts

173 months

Tuesday 3rd March 2015
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With the current price of oil the major players in the North Sea are asking for tax breaks and support from the government. However I am appalled at the wasta of money that goes on day to day. for example sitting on a boat hired by a large oil company costing circa £10 k a day and they have forgotten were here a week later.

The piss poor logistics in the North Sea is unbelievably wasteful. Listening to the workers on the rigs over the VHF reminds me of the unions during the British Leyland days. This industry doesn't need tax breaks or support it needs to learn efficiency.

PorkInsider

6,575 posts

170 months

Tuesday 3rd March 2015
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I work in business/management consulting and only last week was talking with a guy from another consulting firm who we do business with about exactly this.

The firm he's with are trying to work with one of the major global oil companies (who shall remain nameless here) on Lean processes in the finishing side of the business.

They've been at it for the best part of a year now and got absolutely nowhere with implementing any meaningful change until the arse really fell out of oil, and now they're all ears.

Except they won't be 'all ears' for much longer, as the guy who brought them in in the first place, and was very supportive in trying to gain the upper hand on his competitors even when his reports were resisting the changes, is now trying to end the contract early to save a few quid instead of seeing the improvements through.

For avoidance of doubt, the improvements they're working on aren't just some consulting mumbo-jumbo. They're standard practice across global manufacturers in other sectors whose pips have been squeaking for years under relentless downward price pressure.

The oil co' in question could have been reaping the same well known benefits for years if they had the will but it seems that the abundant revenue, that was once flowing as fast as the oil, blinded people to the need for improved efficiencies.