Chevron and core supplier Schlumberger collaborate to save millions of pounds on Alder
As part of Chevron Upstream Europe’s (CUE) ‘total cost of ownership’ approach to ensuring a sustainable business, the company identified that silo working was creating the potential for missing delivery deadlines. To resolve this, CUE forged a closer working relationship between both its drilling and completions and supply chain management teams and one of its core suppliers, Schlumberger. CUE ensured the right people were in meetings to enable quicker decision-making and Schlumberger made a senior executive available for liaison at CUE’s office on a weekly basis. On the Alder project, this enhanced partnership helped resolve numerous technical, quality assurance, on-time delivery and commercial challenges resulting in expected savings of around $5.7 million. More detail on the approach taken is available here and a short film can be viewed here.