ID :
75504
Sun, 08/16/2009 - 07:58
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https://www.oananews.org//node/75504
The shortlink copeid
Saudi Aramco`s Al-Falih speaks at Oxford Energy Seminar 2 Oxford
Al-Falih said "The export-oriented refineries now being developed
with Total and ConocoPhillips are good examples of the tripod concept
at work.
But there is also an internal tripod upon which Saudi Aramco builds
its complex operations: “The Three Ts,” Technology, Talent and
Teaming. “As important as our hydrocarbon reserves and our
well-developed industrial infrastructure are, they are not enough on
their own,” he said. “In fact, these Three Ts are the most
significant drivers of our success in the past, and more so in the
future in our quest to remain both an industry powerhouse and a very
profitable commercial enterprise.”
The Technology leg includes everything from off-the-shelf solutions
to developing unique tools for unique challenges to shaping the
technology agenda for the industry. “For example,” he said, “our
POWERS reservoir simulator is a proprietary upstream technology
designed to model the Ghawar field in a single run and at
ever-increasing levels of detail. And it’s unique simply because no
one else has fields the size of Ghawar, Safaniya or Shaybah which
they need to simulate.”
Upstream, the company is on the cutting edge with its
maximum-reservoir-contact and extended-reach wells, remote
geosteering and Intelligent Field concept; and, in refining, a new
High Severity-Fluid Catalytic Cracking process.
The first “T” means little without the second, Talent. “At Saudi
Aramco, we view the men and women who call themselves Aramcons as our
most significant competitive advantage,” Al-Falih said. “The best in
the oil business are not looking for a comfortable corner to relax
in; rather, they seek challenges and opportunities, as well as
suitable recognition and appropriate reward for their efforts and
contributions.”
Even with all that talent, though, no oil company can go it alone.
That’s where the third “T,” Teamwork, comes in.
“We have pursued joint-venture partnerships with leading global
petroleum companies and now with top-flight chemical enterprises, and
have worked hard to develop strong and sustained relationships with
our customers in the Kingdom and around the globe,” he said. “Our
history and our continuing experiences demonstrate just how much is
possible through cooperation and collaboration with complementary
organizations.”
--MORE
with Total and ConocoPhillips are good examples of the tripod concept
at work.
But there is also an internal tripod upon which Saudi Aramco builds
its complex operations: “The Three Ts,” Technology, Talent and
Teaming. “As important as our hydrocarbon reserves and our
well-developed industrial infrastructure are, they are not enough on
their own,” he said. “In fact, these Three Ts are the most
significant drivers of our success in the past, and more so in the
future in our quest to remain both an industry powerhouse and a very
profitable commercial enterprise.”
The Technology leg includes everything from off-the-shelf solutions
to developing unique tools for unique challenges to shaping the
technology agenda for the industry. “For example,” he said, “our
POWERS reservoir simulator is a proprietary upstream technology
designed to model the Ghawar field in a single run and at
ever-increasing levels of detail. And it’s unique simply because no
one else has fields the size of Ghawar, Safaniya or Shaybah which
they need to simulate.”
Upstream, the company is on the cutting edge with its
maximum-reservoir-contact and extended-reach wells, remote
geosteering and Intelligent Field concept; and, in refining, a new
High Severity-Fluid Catalytic Cracking process.
The first “T” means little without the second, Talent. “At Saudi
Aramco, we view the men and women who call themselves Aramcons as our
most significant competitive advantage,” Al-Falih said. “The best in
the oil business are not looking for a comfortable corner to relax
in; rather, they seek challenges and opportunities, as well as
suitable recognition and appropriate reward for their efforts and
contributions.”
Even with all that talent, though, no oil company can go it alone.
That’s where the third “T,” Teamwork, comes in.
“We have pursued joint-venture partnerships with leading global
petroleum companies and now with top-flight chemical enterprises, and
have worked hard to develop strong and sustained relationships with
our customers in the Kingdom and around the globe,” he said. “Our
history and our continuing experiences demonstrate just how much is
possible through cooperation and collaboration with complementary
organizations.”
--MORE
