Case Study: China National Offshore Oil Corporation achieves USD 12.6 million cost savings with QPR Metrics

CNOOC SES Became a Strategy-Focused Organization with the Help of QPR Metrics

China National Offshore Oil Corporation (CNOOC) subsidiary CNOOC SES Ltd., a major offshore oil producer in Indonesia, faced challenges in optimizing its exploration processes, ensuring safety, and maintaining government relations. To address this, the company needed a tool to effectively communicate its new strategic objectives to all stakeholders. They engaged QPR Software and its QPR Metrics product to help become a strategy-focused organization.

QPR Software provided the solution through the QPR Metrics dashboard, which was used to develop and cascade a Balanced Scorecard system across the organization. This created strategic alignment from the company level down to individual employees, fostering transparency and collaboration. The measurable impact was significant, including a major cost saving of USD 12.6 million from reduced production losses, improved service quality through new internal satisfaction metrics, and the development of over 500 individual performance scorecards.

China National Offshore Oil Corporation

Fang Zhi

General Manager