3 production assets in Norway
The business demonstrated an urgent need for a review of OPEX and administrative costs and production stability as lifting costs on 3 assets were varying significantly and on an increasing trend.
- Needs, weaknesses and opportunities in offshore and onshore support & production departments were identified, documented and quantified and agreed across the client organisation.
- A comprehensive management training programme was designed and completed.
- New and improved planning, SCM, Finance, Capacity Management and Production Upset processes were implemented with line and platform management. Wrench time productivity & LEAN initiatives were implemented with personnel across departments
Within 8 weeks the assets were able to demonstrate significant more stabile production rates which lead to production output increases between 2 – 5 %. Fixed administrative costs were reduced with more than 15 %.