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Proudfoot News

The latest in operational and digital transformation through people.

   

Closing the execution gap

An interview with former Chevron President, Ray Wilcox

As the petrochemical industry adapts to the current business environment, many in the upper echelons of the business are relying on operational excellence (OE) strategies to become more efficient.

Ray Wilcox headlines recent oil and gas summit

Jun 11, 2015  |  Mark Gravett  |  advisors, event, oil & gas | 0 Comments

Recently, former President & CEO of Chevron Phillips Chemical, former President of Chevron NA Exploration & Production and current Alexander Proudfoot Advisory Board member, Ray Wilcox had the opportunity to speak at this year’s Operational Excellence in Oil and Gas Summit held in Calgary. His keynote speech “Bridging the Execution Gap” was well received by the many oil and gas executives that were in attendance.

Oil projects on hold... when possible

Reaching $50 a barrel was quite a landmark, however some traders are already betting on $20/barrel futures. Industry giants, such as Shell, Premier Oil, Statoil and Canadian Natural Resources, are now abandoning billions of dollars in exploration drilling projects. This current trend has caused a great deal of scrutiny towards capital spending across the energy sector.

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