Operational Challenges - Outcome

Your team’s decision to embark on the path of short-term market flexibility was akin to a rollercoaster ride with high expectations. However, as you ventured deeper into the journey, it became apparent that the reality was far more tumultuous.

Navigating the intricacies of market fluctuations and resource allocation proved to be a formidable challenge, one that your team underestimated. Adapting production levels to sudden market shifts resulted in overproduction, leading to an excessive stockpile of unsold inventory. Coordinating adaptive drilling strategies with floating storage was a logistical puzzle that proved harder to solve than anticipated, straining your resources and increasing operational costs.

This decision strained your dwindling resources and left you questioning its merits.  Your Board and parent companies are growing impatient, and threats from the Brazilian regulators about revoking your operating license have grown louder.

As you continue to settle in as the new Management Team, it’s crucial to acknowledge the ever-changing climate, both metaphorically and literally.  The forecast predicts more heavy rain, and one can’t help but wonder if this hints at even more challenges on the horizon….