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Challenges Facing The Oil and Gas Industry

Fuelling your future in a global economy. With rising global energy demand, the oil and gas industry has a wide range of challenges across the upstream, midstream, downstream and oilfield services sectors. 


Oil & Gas

The challenges below represent only a small part of the issues facing this extremely complex industry.

Frontier acreage and access to reserves

‘Frontier acreage’ challenge represents exploration and development of new fields that were previously regarded as too difficult, too expensive or too politically unstable to justify operations. Access to reserves involves competition for access to proven reserves that became more difficult in comparison to decades ago due to expansion of government role.

Rising emerging market demand

As per the Energy Institute, 51% of oil and gas respondents reported making significant investments to achieve growth in emerging markets, i.e. China and other Asian economies. Since performance in emerging markets is mostly dependent on government pricing policy, a significant risk is involved for any foreign direct investments and creates the issue of ‘bargaining power’ of the state.

Investing in Innovation and R&D

Every company understands nowadays, that R&D and Innovation is a key to growth and prosperity. This position creates severe competition between market-players with sufficient resources for R&D.

Corporate social responsibility

This challenge includes relations with various stakeholder groups, health and safety concerns, i.e. human rights, employee rights, stakeholder rights, environmental protection, community relations, transparency and corruption issues. Oil companies need to succede in each criteria in order to build a reputation as a reliable potential partner for public-private strategic partnerships: cross-sector and government.

How can Teamworking International help you?

We have a range of programs that can be tailor-made to suit your organisation’s needs, wherever you are based in the world.  Here are just a few examples of what we can offer you

Leadership Development

Unlock the potential of your high flyers and take their development to the next level. We have a proven track record of transforming managers into highly successful leaders, armed with the skills to drive business development and cope with the challenges facing your industry. By investing in your talent today, you’ll be creating the leaders of tomorrow who can give your organisation the competitive edge.

Creative Problem Solving

The global financial crisis has transformed many industry sectors, prompting the need to develop a whole new way of tackling difficult issues and developing innovative strategies for business growth. Our Creative Problem Solving Program will show you how to change your thinking, generate creative solutions and open up new opportunities for growth.  We can arm you with the skills to empower your people to become creative problem solvers and have the clarity to make the right decisions for your organisation.

Negotiation Skills

With the need to reduce costs and squeeze margins in a highly competitive global market, it’s vital you equip your people with the most effective negotiation skills. Whether it’s local procurement or negotiating contracts with clients, this program will transform the ability to achieve a profitable outcome with each and every deal that’s made. In fact our delegates report an average saving of $30,000 per person in the first month following our Negotiation Skills program.

An Even Better Place to Work

This innovative program has been used with great success not only within the oil and gas sector but across all industries. Combining face to face training, feedback and online development, we are able to improve staff engagement levels dramatically in the face of large scale organisational change. This is vital considering the direct relationship between staff engagement and productivity.

Communication

As you push into emerging markets, managers and executives need to be able to communicate globally with geographically dispersed teams. Our Communication Skills program will radically transform the way you engage, motivate and connect with everyone you come into contact with, both within and outside your own organisation, including staff, customers, suppliers and investors.

For more information about our range of programs or to discuss your specific training needs please call us now on +44 (0) 1590 644 107 or click here to go to our contact page

About Us

Learning through action - every program we deliver is highly practical and addresses real live issues.  We use simulations, exercises and case studies and all our methods are based on the latest neuroscience and positive psychology research findings.  Everything we deliver and challenge our participants to think about leads back to one simple question ­ “what am I going to do differently back at work and how?”.

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Nye Creek, New Road
Keyhaven, Lymington
Hampshire SO41 0TN
United Kingdom

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