Benchmarking for Supermajor Exploration & Production Technology division

Benchmarking for Supermajor Exploration & Production Technology division

Fulcrium was commissioned by the in-house specialist division that provides exploration and production technology (EPT) services to the business units of a Supermajor. The brief was to undertake a wide-ranging benchmarking assignment comparing the strategy, systems, processes, organisation, human resources, charging structures, and commercial strengths of the EPT division with those of peers at IOCs, NOCs and service companies. Part…

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Leveraging benchmark data in negotiations

One of the UK’s largest bancassurers used Fulcrium to provide credible data on professional services firms. The client described Fulcrium as delivering “highly credible benchmarking data in precisely the format we required – granular, by service line, grade, and geography. This has enabled us to re-establish our preferred supplier list and we now have a far more sophisticated understanding of…

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Fulcrium delivers Oil & Gas Benchmarking Training in Doha, Qatar

Fulcrium delivered Oil & Gas Benchmarking training in Doha, Qatar attended by more than one hundred delegates from Qatar Petroleum, Qatar Gas, RasGas, ExxonMobil, Shell, BP, Chevron, Total, GE Oil & Gas, and ConocoPhillips. If you want expert Oil & Gas benchmarking that leads to cost efficiencies and breakthrough performance improvements then contact us today. For more information on our…

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Supermajor remodelled based on Fulcrium data and advice

This global supermajor operating under unstable conditions in an African nation appointed Fulcrium to benchmark the upstream oil and gas business processes and practices against its comprehensive exploration and production database for the region. Fulcrium also identified opportunities for remodelling the organisation for optimum exploration, appraisal, development and production performance. The client considers that: Fulcrium generated numerous entrepreneurial solutions to…

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Supermajor transforms service company relationships

This global supermajor used Fulcrium’s benchmarking services to provide unprecedented insights into service companies. Their conclusion on the value of the project: Fulcrium gives an independent view of each service firm, using a very wide range of sources, making them from our point of view a highly valuable secret intelligence resource. They also understand – from having worked in them…

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Supermajor reduces legal expenditure by $200 million

This global supermajor used Fulcrium to put its relationships with external counsel on a sound commercial basis and prevent their market arrangements with them becoming grossly sub-optimal. The initiative reduced the company’s legal services expenditure by over $200 million over a three year period, representing over 10% saving annually (as validated by the Supermajor’s financial controllers). Less tangible savings included…

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