MN SolutionSpace is an occasional newsletter to keep you updated on MN Solutions. As well as highlighting what we do, I hope it may in a small way entertain, inform and provoke new thoughts. What price low oil price? The current oil price slump has lasted more than 2 years. The optimists claim there are small signs of recovery, but not all companies agree. Brent oil price Predictable responses The response to persistent low oil prices is predictable. In companies, first come cost saving initiatives, then budget cuts, including putting major capital projects on hold and eventually staff cuts. Opec members, if they are willing to toe the line, will eventually announce production cuts to bolster prices. Cost saving initiatives… Read more »
Tag: Gas
MN SolutionSpace – December 2016
MN SolutionSpace is an occasional newsletter to keep you updated on MN Solutions. As well as highlighting what we do, I hope it may in a small way entertain, inform and provoke new thoughts. Return on technology investment It was a casual question posed at the end of a long client call about innovation. “Dr Naylor, you are the expert. What is a good return on technology investment?” I always feel simultaneously flattered and wary when I am described as the expert, especially in those cultures which revere experts and accept their opinions without question. I pondered for a few moments and answered “A factor of 5 to 10”. The number came back to haunt me in a later call.… Read more »