25 July 2007

15 Attributes of Upstream Oil Industry

  1. Knowledge Intensive
  2. Technology Intensive
  3. Capital Intensive
  4. Risk Intensive
  5. Price Sensitive
  6. Environmentally Sensitive
  7. Geo-politically Sensitive
  8. Probabilistic Outcome
  9. Global & Local Dimensions of Outputs
  10. Global Supply Chain of Components and Services
  11. Multi-Disciplinary Industry
  12. Multi-Regional and Multi-National Industry
  13. Geographically Skewed Industry
  14. Inhospitable Co-ordinates (In Angola, not in Switzerland; High Seas, Deserts etc)
  15. Low Longevity Industry (Spanning less than 300 tears: 1850-2150?)

    Needless to say, that the top E&P Leadership, both present and aspiring, need to possess qualities to address these attributes.

No comments: