Challenges

Capital spend is growing in the oil and gas industries. Oil and gas firms often suffer overruns in budget and timeline. Given the size of these investments, such overruns could have important negative consequences on the financial side of an organization. Improving the management of capital investments and the operating expenses can lead to a significant increase in return on capital employed, profit, and shareholder value. So outsourcing logistics service with MATEEN help companies to reduce the capital tied to operations and the risks associated with those investments. That allow firms to use their limited capital in higher return investments than investing in logistics equipment and operations. Furthermore, companies using our services take advantage of our logistics specialization (more than 130 owned vehicles with trained drivers) to improve the speed of supply chain processes, and therefore having a higher turnover of capital. Finally, we have to stress that 100% of the companies using our services materialize logistics savings.

Operations of oil and gas must meet ambitious production and revenue targets while complying with stringent safety standards. With new cost pressures, oil and gas operators are looking to squeeze even more efficiency out of their exploration and production services. Too much time and money are dedicated toward ordering equipment, materials, and oil-field services and maintenance; coordinating delivery and transportation; and confirming field activities. So planners must schedule crews and equipment with a eye on productivity and cost. In MATEEN our team is able to perform those activities and maintain constantly informed to our customers in order to reduce their complexity and implement a more successful lean approach to operations.

Operational integrity is achieved when systems, work processes, and assets combine to produce maximum yield with minimum downtime. MATEEN is training its workers and standardizing processes to get efficiencies for its customers and reduce disruption risks. Profitability in upstream gas and oil operations depends on minimizing operating costs, optimizing material management, and mitigating risks. MATEEN helps firms to break down the supply chain silos process materializing the benefits and cost savings of supply chain process integration and visibility.