Reducing costs through zero shutdowns, zero based budgeting, and extended intervals without compromising safety
Production losses alone can cost O&G companies tens of millions of dollars for just one day of downtime, without even accounting for the cost of contractors and manpower used during a shutdown……
With the current market scenario, the challenge for oil and gas companies is how to reduce costs without jeopardizing quality and safety. This is being done in three key ways:
- How to achieve zero shutdowns & turnarounds
- How to extend the interval if complete avoidance is not possible
- How to implement zero based budgeting for each activity to get the best out of the dollar that you spend
The 5th Annual Shutdowns, Turnarounds, and Outages Conference will bring together the regions leading oil and gas companies to discuss if zero shutdowns is an achievable objective, how to implement zero based budgeting, best methods for online maintenance and inspection and the continued search for the right contractor.