HOW DO THEY MAKE DECISIONS IN THE WORLD'S SECOND LARGEST OILFIELD
How do some companies do this? How does LUKOIL face every day in the knowledge that it’s charged with 10,000 to 15,000 project activities all running at roughly the same time across 14 major construction projects on one of the biggest oilfields in the world?
Does the management team sleep at night?
The answer is they sleep soundly.
Sergey Kotov, Head of IT and the Communication Office, LUKOIL Mid-East Ltd, explains the journey the company has taken to reach planning excellence and master the full plan-build-operate cycle: “Previously, we created project schedules on desktop computers and uploaded them to the project server to be merged into one big file for each project participant to access. This was not scalable…
"With Oracle’s Primavera P6 Enterprise Project Portfolio Management, we can now work concurrently on projects with many team members, enjoy absolute security, and issue new baselines for all projects and project participants once a week, with ease", says Kotov.
GEOGRAPHY IS HISTORY
The company now enables 30 schedulers, located in different countries, to share the same data and the same insights concurrently. They’ve integrated their project management and ERP systems to drive comprehensive cost control. The secret to their continued success lies in everyone working together, no matter how far apart they might be. Location is not an issue. Visibility through one version of the truth makes sure of that.
LUKOIL has also enabled departments, such as master planning and control, capital construction, and prospective drilling to share project schedules intelligently to increase their efficiency.