Strategising OPEX in Oil and Gas Logistics
Posted by Fleming Gulf on Sunday, February 03, 2013
Start Date Tuesday, March 26, 2013
End Date Wednesday, March 27, 2013
Abu dhabi, UAE
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Graeme King, Northern Logistics Coordination Lead from Material Logistics Group is one of the advisors at the 2nd Annual Oil and Gas Logistics Summit to be held on 26 - 27 March 2013, at The Park Rotana, Abu Dhabi.
Graeme King, Northern Logistics Coordination Lead from Material Logistics Group is one of the advisors at the 2nd Annual Oil and Gas Logistics Summit to be held on 26 - 27 March 2013, at The Park Rotana, Abu Dhabi. During a pre- summit interview, King was asked about the implications of multi-use or multi-contractor supply from an operational perspective, he quoted, " For the Warehouse Network Management Strategies I can offer the below points of discussion, Multi use or multi contractor supply- most LNG works out source a lot of their work to a number of companies with each of them arranging only enough equipment to cover the task with no plan for contingencies or request for additional tasking. The issue here is if the contractor requires tools, parts or other from the main warehouse where they have no entitlement. Does the main warehouse issue the item and more importantly how is this captured commercially/financially as it can be very costly?"
He also expressed his views on warehouse networks for upstream sector. He stated, “Upstream Works- numerous warehouse and lay down yards may need to be established along the supply route depending on the distance to be covered as well as the sequence of construction and priority levels of equipment. In addition to this is the consumption planning rates and impacts on resupply inclusive of delays both planned as well as foreseeable.”
The 2nd Annual Oil & Gas Logistics Summit aims to gather the best minds in the industry to re-assess the trade-off strategy between performance and finances. One of the sponsors at the event expressed, “OpenLink is the leading Trading & Risk Management solution provider in the energy sector. Our solutions not only manage the full transactional life cycle management of a trade but they also encompass the logistics of energy; whether it be crude, gas or power. Working with some of the largest energy logistics companies in the US, Europe and Far East, OpenLink feel that the Oil & Gas Logistics summit is a perfect forum to introduce the value add of our solutions to potential users in the MENA region”.
Speakers representing Tatweer Petroleum, Zakum Development Company (ZADCO), Saudi Aramco, Schlumberger, Abu Dhabi Ports Company and many others will be present at the interactive meeting. The expert panel of speakers will gather to discuss the current scenarios in logistics in oil and gas sector. They will also impart their views on the best possible options and techniques to tackle the hurdles faced by the oil and gas sector regarding transportation and warehouse management.
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