Realising the value from next generation integrated operating centres (IOC)

The oil and gas (OG enhanced organisational capability (increased process standardisation and optimised work processes); reduced risk exposure (e.g. hazardous areas and operator fatigue), reduced operational expenditure (15–25% in maintenance costs and 10–15% in logistics costs). In Australia, advanced IOC functionality and the associated benefits are yet to be widely observed. For an IOC to achieve its full potential, companies must start with a clear vision and business case for building the IOC, and how it will support the operating model. This paper details this and other recommendations that need to be considered, for example, changes to the organisation structure, ways of working, employment model, talent acquisition and development to capture value, and to develop a roadmap that delivers agility for future changes.