Stuart Petroleum

Stuart continues to develop and implement processes to learn from its experience and to improve performance in all aspects of its business. Examples include the ongoing development of our Business Management System and the active role being pursued in the Fitness for Purpose initiatives championed by PIRSA (the SA government regulator), particularl... y as they apply to drilling rigs. Another example is the Company's continuing development and implementation of a modern constraint based, planning system to facilitate a rapid and effective response to changing circumstances, in an environment where personnel and equipment resources are scarce, without losing sight of our core objectives. A third example is the use of systematic and objective processes, to assess equipment critically and develop sparing philosophies to ensure minimal impact to business continuity from unforeseen circumstances.Read More