3rd Annual Middle East Operational Excellence Summit 2015

The Oil price volatility shown over the past 12 months has led to operators in the oil, gas and petrochemicals worlds having to realign their strategies in times where near term requirements are to remain cost efficient and cost competitive due to tighter margins. Companies, now more than ever need to reorganize and develop new competencies to ensure a new type of operator for the future can be achieved. This involves a number of different factors from: a strong focus on leadership development and succession planning in order to get the right people in the right place at the right time, to process improvements to cut waste and recycling and keep businesses focused on the core elements of their strategies.

Previous industry cycles have shown that companies should use a price drop as an opportunity to drive through fundamental improvements in the way their operations function. Three factors influence a company’s ability to do so: a comprehensive approach to improvement across all functions; a continuing focus on building capability; and a permanent shift in leadership attention. If done right, these fundamental elements can lead to significant increases in value to a production asset base.

It is hereby against this backdrop that the 3rd Operational Excellence Middle East Forum has been specifically designed to provide Oil, Gas, Petrochemical and refinery operators a platform to share insight, expertise and knowledge and drive forward operational excellence in a time of extremely tight operating margins.