Leaving a sustainable legacy of excellence among our customers
In order to thrive in today’s ever-evolving business environment, Operational Excellence must be at the forefront of your strategy. It can be achieved by leveraging the latest technologies, by understanding the need for highly-skilled operators and by adopting robust business processes.
Operational Excellence makes you more competitive. It lowers your cost of capital and improves your ability to grow market share by focusing on:
Over 85% of refining and petrochemicals companies have run Operational Excellence programs, but only around 30% say that these programs have met their expectations*. Changing environments, demographics and technologies mean that the nature of Operational Excellence is rapidly shifting.
* Operational Excellence in Refining and Petrochemicals: Trends, developments and solutions affecting operations leaders Report – IQPC and KBC, October 2017
The average return on capital employed in the oil and gas industry has been in the low single figures for decades. However, the top performers are able to sustainably achieve a return of over 20% and, in turn, are rewarded with a lower cost of capital to fuel growth.
Advances in technology and the globalization of crude and products markets are opening up new opportunities for leaders to exploit, while volatility and overcapacity are leading to operating challenges for more vulnerable operators.
Superior results are achieved by making better decisions, faster than the competition and then flawlessly executing those decisions. Superior results, sustained, are achieved by doing this consistently over the long-term.
Our Operational Excellence solution (OpX) is the systematic application of our technology and capabilities, guided by our operating principles, to ensure superior results, sustained.
Shane Fitzsimmons, Global Practice Executive - Strategy and Business Excellence, KBC
Complete the form below to speak to a consultant about OpX or to request an OpX workshop. One of our consulting team will contact you soon.
Aug 15, 2019
The timely combination of US tax reforms and changes to the global bunker fuel specifications in 2020 are poised to turn US oil and gas downstream into a cash generating machine. Our Chief Economists believe the net result will be US refiners flush with cash and looking for more investments to improve their bottom line.Read full article
Sep 19, 2017
Baker Hughes, a GE company, and KBC announce a preferred partnership that will provide a combination of process simulation, asset performance management and operational software solutions to the oil and gas industry.Read full article
Oct 22, 2018
The hub will reduce energy costs and emissions of Singapore-based companies by 10 per cent through delivery of energy management and optimization solutions and next generation analytics via the Cloud.Read full article
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