Cost Insights
by PowerAdvocate

Intelligence for energy companies seeking a data-driven approach to cost management

[Webinar] Statoil Presents Cost Reduction and Avoidance Case Studies

September 20, 2016 at 7:12 PM / by PowerAdvocate

Two cost-reduction concerns are top-of-mind for Oil & Gas firms right now: 1) Ensuring maximum savings from the downturn, and 2) Protecting against price escalations from the rebound.

In a recent webinar attended by 60+ O&G peers, a leader in Statoil's supply chain discussed how her organization achieved wins in these areas, driving substantial cost-avoidance for high-spend, strategic categories.

In this webinar recording, you'll learn:

  • How to create data-driven counteroffers in supplier negotiations and tie costs to specific indices
  • How to position yourself in a market of increasing prices 
  • How Statoil took advantage of cost models to achieve more than $450K+ of cost reduction and avoidance
  • And lots more...

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