Energy giants score success from continuous improvement

Aug. 25, 2011 - PRLog -- It is widely recognised within the energy sector that process improvement works best when it is aligned continuously with the company's strategic aims. The firms that consistently focus on projects that can save their organisation millions can enhance productivity and safety immeasurably, as well as notably growing the company's top line. Just two of the European energy leaders to have deployed a continuous improvement strategy to their advantage in 2011 are Anglo-Dutch oil giant Shell and international engineering firm AMEC.

At the end of April, it was announced that Shell had turned in a 60 per cent net profit increase for the first quarter, thanks in part to resurgent oil prices and the sale of non-core assets. The company's earnings after tax exceeded $8.78 billion (£4.19 billion) in the three-month period to March 2011. This compared very favourably to the $5.48 billion figure recorded a year previously. Sales were shown to have increased by 28 per cent, approaching the $110 billion mark.

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Related event - IQPC’s Energy Process Excellence Europe Conference is due to take place at the Ardoe House Hotel, Aberdeen, Scotland from 26th – 28th September 2011. For further information about this event please visit www.energyprocessexcellence.com, call 0800 652 2363 or email enquire@iqpc.co.uk