Reducing costs today to remain competitive tomorrow
Energy majors face the unique challenge of restoring margins in an uncertain future, heading towards lower-carbon energy sources. While O&G companies face declining oil production and increasing offshore drilling costs, Power and Utility companies are exposed to new competition due to the rapidly declining costs of decentralized energy sources. To remain competitive, energy majors have to strive for operational excellence.
Energy majors are not alone in their quest for excellence. FutureBridge helps them to remain competitive by delivering comprehensive solutions: from revamping traditional procurement practices to adopting state-of-the-art digital technologies.
Energy majors are not alone in their quest for excellence. FutureBridge helps them to remain competitive by delivering comprehensive solutions: from revamping traditional procurement practices, to adopting state-of-the-art digital technologies.
Opportunities within energy majors’ current core capabilities
- Procurement harmonization
- Gas monetization opportunities
- Increasing refining margins (O&G)
- Upgradation of legacy infrastructure
Adoption of disruptive technologies for operational efficiency
- Asset digitization
- Predictive maintenance
- Internet of Things (IoT)
Few key questions clients are asking us in the area of Operational Excellence
How have O&G players harmonized different sets of equipment across their value chain?
How are digital technologies used and planned to be used in the energy sector to reduce costs and improve safety and operational performance?
How are market and technological trends for strand jack lifting developing?
Which technologies can directly or indirectly disrupt the transformer market?
How does the techno-economic performance of methane’s oxidative coupling compare to conventional ethylene production?
How are technology developments in shale gas exploration benefiting conventional O&G drilling activities?