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Oil & Gas

Oil and gas is a huge global industry – and a highly competitive one.

It’s also exposed to increasingly complex supply chains, volatile markets – and a heightened focus on more environmentally sustainable energy sources.

The sector’s supply chains – upstream (exploration and production), midstream (transportation, storage, and processing), and downstream (filtering and refining raw materials into what consumers buy) – each have their unique challenges, but all are ultimately about increasing productivity, while minimizing costs. 

By working with FP to apply our market-proven transformation expertise, rooted in Lean, with cutting-edge digital technologies, oil and gas businesses can streamline and strengthen their supply chain processes quickly, making them more market-resilient, and better equipped to secure crucial competitive advantage. 

Lean digital transformation is all about fast and effective change, but it also identifies continuous incremental improvements to processes and systems throughout supply chains. We begin by identifying where major improvements can be made, and then strategically structure their implementation to prioritize higher returns. 

Through our considerable experience in the energy sector, we know that applying our Lean digital transformation approach to the oil and gas industry eliminates inefficiencies, ensuring more value from time and resources such as people, equipment and processes. This translates to minimal waste, happier customers, higher-quality output and, ultimately, higher profits. 

Lastest Publications #oil-and-gas

#Oil-and-Gas #Operations #Petrochemicals #Private-Equity #Publication #Real-Estate-Development #utilities
Expert Opinion

How Companies Can Leverage Lean to Achieve Their ESG Targets

No business or organization exists in a vacuum, but instead each one operates in a complex physical, social and governmental environment in which everything they do can have both positive and negative impacts. The process known as ESG, which stands for environment, social, and governance, is a templated approach to evaluating business operations according to those three criteria, looking at success not just as profit and shareholder return but in how the organization is functioning within the wider environmental, social, ethical, and regulatory ecosystem.

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#Heavy-Industries #Industries #Oil-and-Gas #operations #Publication
Expert Opinion

Lean Mining: Bringing Sustainable Efficiencies To The Mining Industry

The mining industry is known for facing continual uncertainty and volatility, making it imperative for mining companies to identify and implement strategies for sustainable cost reduction and operational efficiency in order to maintain healthy profitability and reduce risk. As such, it’s no surprise that the principles of Lean Management are being increasingly adopted by companies throughout the industry.

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#Heavy-Industries #Industries #Lean-Management #Oil-and-Gas #Publication
Best practise

LEAN OIL AND GAS

The wide amount of challenges and the high complexity affecting the oil and gas industry, drives the need to increase competitiveness by continuously improving processes across the supply chain, from the Upstream Exploration and Production processes all the way through the Midstream transportation and the Downstream refining of products. Continuous improvement initiatives should begin with the identification of major areas of improvement, in order to derive a structured implementation plan prioritizing high return projects that can be implemented easily.

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Digital - not a problem for us

Empower your business for the digital age with our expert guidance

Any questions #oil-and-gas?

Let's get in touch

James Ryan

Partner

Dubai, UAE

jar@fourprinciples.com

Patrick Wiebusch

Co-Founder & Managing Partner

Dubai, UAE

paw@fourprinciples.com

We’ll leave you transformed

Our vision is to be the highest quality and most reliable partner for our clients on their lean journey to become the most efficient and effective competitors in their industries.

About us