"By August Beerenberg had absorbed an increase in activity levels of 35% compared with last year. This equates to around 500 new full-time jobs", Morten Walde, CEO & President, writes in the latest edition of Management Letter.
Beerenberg has been awarded several large and strategically important contracts in the last 12 months. This has resultet in a significant increase in activity within most of the company's business areas. Despite several key analysts warning of a slowdown in investment growth wihin E&P over the coming years, Beerenberg expects to see ever growing demand for maintenance services in the Norwegian oil and gas market, especially within the upstream segment. In a market characterised by a shortage of resources generally, Beerenberg is finding that the market is increasingly anxious to attract experienced suppliers who can consistently make deliveries at the right time and to the desired standard.
Level of activity
By August Beerenberg had absorbed an increase in activity levels of 35% comppared with last year. The equates to around 500 new full-time jobs. Before the increases in operational activity occured the company focused its efforts on preparing for strong growth, and we continue to work on our processes to be in a position for further growth. Many of the measures required in respect of staffing and line management were identified at an early stage and action take as and when needed.
HES/Q, technology development and competence development
A fundamental principle of management training at Beerenberg is that "Good leaders make changes when they ought to rather than when they have to". We also live by this mantra in practice in as much as our strategic goal of shifting the company away from procedure mangement and towards process mangement is continualy moving.
To read more about each of these topics, please visit the Beerenberg website here.