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4 Types of Corporate Training An Organization Should Implement

18th June 2019
Corporate Training

Estimated reading time: 3 minutes     In this era of disruption, demand for talent is getting more intensive and the need for corporate training has never been more important. There are many types of corporate trainings available, each with seemingly important yet different purposes and aims. How can an organization know which trainings to prioritize then?   Below are 4 types of trainings that an organization should prioritize: Workplace ethics Technical skills development Soft skills development General safety and emergency procedures   Workplace ethics According to Management Study Guide, workplace ethics poses many benefits. Workplace ethics is a very...

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What is laytime and lay day in shipping?

18th June 2019
Laytime and demurrage

Estimated reading time: 4 minutes Laytime and demurrage   Laytime and lay days are two shipping terms that often get mixed up as having the same meaning. Although they sound similar, they differ greatly in meaning. Read more below to find out the different definitions of these 2 shipping terms.   What is laytime? Laytime or lay time, is defined as “the period of time agreed between the parties during which the Owner will make and keep the vessel available for loading or discharging without payment additional to the freight”. If a ship fails to complete the work during the...

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Asia Oil and Gas Conference (AOGC) 2019

13th June 2019
AOGC 2019 Banner

Location: Kuala Lumpur, Malaysia Dates: June 24 2019 – June 25 2019  Type of event: Exhibition and Conference Booth: C34    Opus Kinetic will be present at the Asia Oil and Gas Conference (AOGC) 2019 in Kuala Lumpur, Malaysia, from June 24 to June 25, 2019. The Asia Oil & Gas Conference (AOGC) is Asia’s most premier and anticipated oil & gas event in Asia. It is a platform where energy professionals and industry shapers convene and engage in strategic discussions to identify solutions in propelling the industry forward. The theme for AOGC 2019 is “Forging a New Energy Future”. Speak to us about...

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What is Field Development Planning (FDP)?

13th June 2019
Well plug and abandonment

Estimated reading time: 4 minutes   One of the main challenges for the oil and gas industry includes the proper maintenance of both offshore and onshore wells. This includes determining the optimal way to develop and produce from an oil or gas field that successfully manages risks, uncertainty and value to stakeholders. This is where a Field Development Plan (FDP) comes in to provide the best technical solution and guide for optimising the development and production of a field. FDP studies lay out the necessary information for oil and gas producers to weigh out all the economic decisions that has...

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6 Reasons For Engaging In Corporate Training

11th June 2019
corporate training

Estimated reading time: 4 minutes   Corporate training is more than just an option, it is thought of as an essential investment   Corporate training is growing fast. It is becoming a trend to cultivate higher skilled employees who can contribute to the company success. Spending on corporate training is rising rapidly as well. According to Bersin by Deloitte, corporate training spending increased 10% in 2014, 12% in 2015, and 15% in 2016.  Corporate training is a ‘necessity’ in today’s ever-changing business world. Embarking on corporate training no longer provides an organization with a competitive edge. Rather, it is deemed as an...

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Effective Leadership Practices Used for the Oil & Gas Sector

11th June 2019
Developing Leadership Capability & Thinking Strategically

Estimated reading time: 5 minutes Developing Leadership Capability & Thinking Strategically   The oil and gas sector faces a unique set of challenges that are complex, if not more so than any other business sector today. Developing exceptional leaders of tomorrow is the key to meeting the demands and expectations in this complex industry. If companies in the sector do not develop leaders to create the right working environments, it would be difficult to retain and motivate staff. In response to the increasingly globalized nature of competitiveness in the oil and gas markets, there is increasing pressure on organisations to...

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7 Tips on Public Speaking You Need To Know

4th June 2019
Public Speaking

7 Tips on Public Speaking You Need To Know In today’s technology-filled world where people are often exposed to messages through mediums like social medium and the Internet, we may question if there really is a need for public speaking and if people do still need to give speeches in public. Just by googling ‘classes on public speaking’, there are over 400 million results available, ranging from articles or tips on public speaking to academies that promise to help you become the champion of public speaking. With so many resources available targeted at different audience, there is still a demand...

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Best Practices of HSE Management

30th May 2019
Best Practice HSE Management

Estimated reading time: 4 minutes Best Practice HSE Management Health and safety management encompasses the interactions between several factors between – the working environment, systems and procedures, and the people in the organisation. The management of the risks associated with the Health, Safety and Environmental (HSE) threats to a business is becoming increasingly complex and as part of any credible global business, needs to be managed at all levels of the business. This is led by an executive team, supported by the Board of Directors in a consistent, systematic manner. History also demonstrates that in many instances, major accident events...

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6 Best Practices to Increase Supply Chain Value

28th May 2019
Supply Chain & Commercial Contractual Agreement

Estimated reading time: 5 minutes Supply Chain & Commercial Contractual Agreement   Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. SCM involves the integrated planning and execution of processes to optimise the flow of materials, information and financial capital in the supply chain. This includes areas such as demand planning, sourcing, production, inventory management and storage, logistics, and more. With the pace of modern international business increasing, competitive advantage...

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Understanding Preventive and Predictive Maintenance Strategy

27th May 2019
Human Factors, Safety

Estimated reading time: 5 minutes   Within a reliability-centered maintenance approach, preventive and predictive maintenance are top 2 most popular proactive methods of conducting maintenance. This prevents sudden issues or breakdowns from happening on your assets. Sudden breakdowns largely affect production, failure to achieve production target, the lack of personnel, unprepared spare parts and more. A strong maintenance strategy involves standardizing and reviewing of new and existing strategies, enabling activity planning and scheduling of these activities. In addition, evaluating and analysing the results of the maintenance is needed. Many companies are guilty of spending excessive amounts carrying out unnecessary or...

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