Seadrill – Leveraging Global Hotel Expenditure

Leveraging slot

Background:

With over 8,000 highly skilled employees, operating over 60 drilling installations in 16 countries, Seadrill drills and extracts oil & gas for many of the world’s leading energy companies. Seadrill has particular focus on the harsh environment and deep water energy fields.

The challenge:

Each operating region all booked their own local preferred hotels. Hotels nurtured these local relationships and in turn booking hotels became part of people’s everyday roles. Operating locally, with varied booking processes meant that there was no consolidated method for measuring value or identifying opportunities. As a result, it was obvious that Seadrill’s considerable hotel expenditure was very fragmented, which weakened its negotiating power with suppliers.

Read how ATPI Griffinstone proactively improved cost savings through consolidating Seadrill’s hotel programme – resulting in savings of US $224,000 (7%) for Q1 2014, compared to accommodation costs for the same locations a year earlier.

Seadrill – Leveraging Global Hotel Expenditure

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