As many of the world's energy assets mature, the challenge is for
innovative thinking. Nowhere is this more evident than in the Gulf of
Mexico.
For mature assets such as those on the Outer Continental Shelf, the
key mandate is improving profitability. Baker Energy's solution
is called Managed Services, our operations consolidation model. By
evaluating the entire production process and creating a new operating model
which is based on making critical decisions, Baker is creating value for energy producers.
Managed Services brings together production operations among a network of
participants, with Baker responsible for personnel recruitment and
training, operations, maintenance, safety and environmental
compliance, and supply chain management.
For Managed Services network participants, Baker Energy assumes complete responsibility for:
- Production operations
- Personnel recruitment, training and transport
- Maintenance
- Safety and environmental compliance and
- Supply chain management, including logistics and procurement
To ensure improved profitability each
contract is performance-based. The result? A win-win. Clients are finding that by
sharing costly resources, they are able to break through their
previously impenetrable cost floor and improving profitability, while Baker
improves its own bottom-line on each individual contract.
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