Our global functional organization allows us to leverage expertise and knowledge in every location where we conduct business. In doing so, we combine the strengths of local affiliates and centralized locations to maximize the value of our global portfolio. Utilizing global engineering organizations, we deploy technical expertise to develop optimal solutions to the operational challenges we face around the world. For example, Maximizing Recovery Workshops are designed to identify opportunities
more material opportunities now progressing through the project review process.
In addition, ExxonMobil employs a worldwide team of commercial experts, armed with detailed knowledge of global energy markets, to maximize the value of our natural gas and natural gas liquids production.
to profitably capture additional hydrocarbons in existing assets. Over the past four years, we have conducted these workshops on many of the major fields operated by ExxonMobil, which has led to resource additions of approximately 1.8 billion oil-equivalent barrels. As a result, we defined and
documented numerous potential activities with several of the
The benefits of a global functional organization extend to our
operations as well, where we are deploying a global Work
Management System. This system helps to ensure work activities at operating sites are planned and executed in a structured and controlled manner, allowing us to effectively manage risks and safety exposures. We developed the Work Management System by utilizing an electronic work permit process, and by leveraging operational experience from around the globe.
We anticipate the system will deliver additional work execution efficiencies and improvements in safety performance.
global functional organizations, processes, and best practices enable us to deliver innovative solutions.