Brownfield Task Force
MAIN OBJECTIVES
To identify the strategic solutions with initiatives and recommendations for improving Brownfield Performance including production, cost and operating efficiency in alignment with the Ministry of Petroleum’s Modernization Program.
PAST INITIATIVES
- Improving Brownfield Performance – White Paper
White Paper Recommendations
The Brownfield Task force convened and began its work in February 2019 according to its identified and approved charter. The Task force identified 11 Strategic Solutions with 28 initiatives and recommends that the Ministry of Petroleum consider their implementation for improving Brownfield Performance including production, cost and operating efficiency. These solutions can also be used to enhance the Egyptian Upstream industry and fit perfectly into the Modernization Project.
While the solutions are unique, they align into four broad categories: 1) Enhancing Focus on Brownfield Technology, 2) Optimizing Human Capacity Focus, 3) Improving Planning, Decision Making, and Auditing, and 4) Enhancing Sector Competitiveness.
It is worth mentioning that the campaign is the inaugural activity by the EOG CSR Subcommittee, which was launched in September 2018 to promote CSR awareness across the petroleum sector and encourage participation in social programs and community services.
Specifically, the recommended solutions are:
Enhancing Focus on Brownfield Technology
- Strategic Solution 1 – Enhance Technological Competency and Know – How
- Strategic Solution 2 – Establish Centers of Excellence
Optimizing Human Capacity
- Strategic Solution 3 – Establish Performance Management
- Strategic Solution 4 – Improve Human Capital Capabilities
- Strategic Solution 5 – Improve Mindset, Decision Making, Risk Taking
Improving Planning, Decision Making, and Auditing
- Strategic Solution 6 – Improve Decision Making and Risk Management Related to Tenders Strategic Solution 7 – Improve Planning and Strategic Capability
- Strategic Solution 8 – Streamline Auditing and Control Practices
Enhancing Sector Competitiveness
- Strategic Solution 9 – Improve Production and Cost Efficiency
- Strategic Solution 10 – Optimize Infrastructure Synergies and Industry Collaboration
- Strategic Solution 11 – Enhance Competitiveness and Business Models