Failures can be valuable learning experiences, but we can only unlock their true potential if it's not repetitive. Carefully analyzing each situation to understand what went wrong and why. Followed by clear action plans ensuring we implement changes that prevent similar issues in the future.

Oil & Gas industry is cyclic and known for alternating focus on Opex and Capex. There's no solution fits all times, however, engagement and connectedness when supported with agility can maximize one's success in that particular cycle. If I want to blame something disallowing good talents from successfully navigating these cycles, I would point the biased thinking and, as a result, the biased decision making. So, read the market, analyze signals and make informed decisions based on facts. You'll probably take opposite decisions in different stages.

💡In the Oil and Gas sector, turning past failures into future success is crucial. Here’s my strategy for doing so: Analyze Failure Points: Identify lessons from past setbacks to strengthen your risk management plan. Invest in Sustainable Technology: Diversify energy sources to reduce reliance on volatile markets and future-proof operations. Foster Agility: Cultivate a culture that adapts quickly to market and regulatory changes. How have you turned challenges into opportunities in your industry? I’d love to hear your insights!

"Success is not final, failure is not fatal: It is the courage to continue that counts." Challenges in the Oil and Gas industry—and in life—can feel overwhelming, but they also carry valuable lessons. ** Reflecting on past setbacks often reveals insights that guide smarter decisions. ** Exploring sustainable technologies might lead to more resilient strategies. ** Staying adaptable helps navigate shifts in markets and regulations. It’s not easy, but every step forward matters.

To turn past failures into future successes in the oil and gas industry, it is essential to rigorously analyze the causes of failures and implement corrective strategies. This includes diversifying sources of supply sources, integrating advanced technologies to anticipate risks, and improving operational efficiency. At the same time, adaptive leadership and a culture of innovation help to turn constraints into opportunities, such as the transition to renewable energies. By adopting a scientific and proactive approach, companies can learn from crises to build a more resilient and sustainable industry.

The oil and gas industry, like many legacy sectors, must embrace innovative, sustainable solutions to effectively manage emissions and enhance efficiency, while leveraging digitalization and IoT technologies to transform operations and reduce environmental impact. This a global transformation from oil and gas to integrated energy space including green energy!

I believe the understanding of the reasons that caused the failure is the proper key to success. Moreover, investing on the people and build an appropriate team that will help to mitigate any potential failure if all persons are utilised in right way. There is many ways to mitigate and prevent the failure but the important from my point of view is the focus on the structure of the organisation will build a strong ship can resist the ocean waves.

"The best teacher, failure is." Only by digging deeper into the causes of a failure can you make an accurate assessment to compare with the risks you face each day. Do not rely on NTSB or PHMSA reports alone to draw conclusions or comparisons. In all cases that I have researched, I have found critical items not covered in the reports. Each of us must remember that the ILI reports only contain information within the performance specification of the "ILI System" used. The RAW ILI data contains much more information and can allow an operator to learn "the rest of the story". Never allow fear of the "truth" inhibit efforts to find the actual "root cause" of a failure.

Turning past failures into future success starts with taking a good, honest look at what went wrong and understanding why. It’s important to capture those lessons in a way that everyone can access and learn from—whether it’s creating a knowledge database or simply building those insights into how we do things day-to-day.

- Carry out root cause analysis - Document lessons learnt - Update your risk assessment plan and corrective plans - Leverage on technology and innovation to streamline procurement processes - Engage with relevant stakeholders and get a different perspective - Be open to feedback