How To Be A Good Manager In Oil, Gas

Commodity price fundamentals are a short-term challenge, requiring executive teams to constantly reassess medium- and long-term expectations. As a result, companies in the oil and gas industry face significant strategic challenges and complex decisions on a daily basis. If you’re looking to grow or expand an oil and gas business, I’m sure you’ve developed a data-driven strategy.

They should also seek to integrate renewable energy sources into remote production facilities and low-carbon electricity into new intermediate and upstream developments. Using invoice factoring for your oil and gas business is beneficial in many ways, one of the most obvious being that you can better control your cash flow. Due to the invoice-based nature of your business, you are constantly waiting for invoices to be paid and processed by your customers. With oil and gas bill factoring, you can get up to 96% of your total bill in your pocket in just 24 hours with low cost.

It’s important to explore new ways to unlock cash flow issues for your oil and gas business. New revenue models proposed by oilfield services and equipment companies have emerged in the industry. These include participation in the financing of performance-based projects and contracts.

Our Quorum Energy Suite offers innovative solutions for planning, operations, accounting, measurement, transportation and logistics for oil and gas and renewable energy, to proudly serve more than 1,800 customers worldwide. No matter how good your products and services medium for the oil and gas giant are, if you don’t have cash, your business just doesn’t have the resources to do anything other than perform daily tasks. Our client wanted to create a culture of transparency for its employees and establish consistent and modern professional development processes.

Cash flow is one of the biggest challenges for companies in the oil and gas (E&P) exploration and manufacturing industry. As an independent, global provider of security, risk and integrity management services, we provide objective and accurate advice based on expert analysis and modeling. ABS Group takes a comprehensive, risk-based approach that manages different types of risk to make our clients’ high-performing assets and operations more efficient, while at the same time complying with regulations and protecting their reputation. As a mission-critical aspect of an oil and gas company’s day-to-day operations, improving fleet management is an essential aspect of business success. We can help you adapt to changing consumer demands to make you relevant to tomorrow’s energy customers.

Namit Sharma Senior Partner, Amsterdam Brings extensive experience in serving oil and gas companies around the world, with a focus on strategy and capital project… Paul Sheng Senior Partner, Houston Advises senior executives of major national and international oil companies, exploration and production companies, private equity firms, and… Kassia Yanosek Partner, Houston advises global energy customers on adapting to fundamental disruption and emerging growth opportunities, leveraging nearly 20 years of energy… Global Oil, Gas and Chemical is one of the largest and most diverse market sectors that ABS Group serves. The sector consists of traditional upstream, midstream and downstream oil and gas facilities, as well as petrochemicals, specialty chemicals, liquefied natural gas and similar facilities.

We partner with process-driven, asset-intensive industries to understand and manage their unique cyber risks and protect their operational technology systems. Our Industrial Cybersecurity team applies in-depth domain expertise to a wide range of asset and facility types in the energy and government sectors. Our portfolio of cyber solutions can help you identify and mitigate cyber threats to minimize the risk of lost productivity and downtime. That’s why Totally Integrated Power offers power solutions tailored to these requirements and supporting the core tasks of the oil and gas industry with low space requirements, reliable performance in the toughest conditions and maximum energy efficiency.