📋 Tender Overview
From January to July the Petroleum Engineering Construction Company successively won bids for a number of high-quality projects and the amount of newly signed domestic contracts completed 103.92 of the annual target task ranking first in the groups petroleum engineering sector with a year-on-year increase. More importantly the company continues to maintain a good situation with an upward economic benefit arrow and has formed a pattern of stable growth in the groups internal market continuous breakthroughs in the national pipeline network market and diversified development of local high-quality markets.The company was affected by the severe production and operation situation in the cold winter and heavy historical burdens and its development was struggling. In 2016 it was listed as a zombie company by the State-owned Assets Supervision and Administration Commission of the State Council. Facing the test of life and death the Petroleum Engineering and Construction Company took the deepening of the three system reforms as a breakthrough point vigorously promoted the transformation of the project system and triggered the comprehensive effect of the reform. In 2018 it removed the zombie company hat and achieved continuous profitability for three years and its operating performance remained in the group company. The petroleum engineering sector is at the forefront exploring a hard-working road for zombie and extremely poor enterprises to turn losses out of difficulties and transform and develop.Change starting from ideas and conceptsTop-down education on the situation and tasks horizontal and vertical benchmarking study strengthen the determination of all employees to reform and developResolutely break with waiting for ideological concepts break with systems and mechanisms that are not suitable for development break with extensive management methods. After the party committee of the Petroleum Engineering Construction Company put forward the idea of three breaks it set off a revolution throughout the company. A storm of ideological reforms involving concepts courage and consensus.In order to eliminate the hesitation of where to change the doubts of whether to change and the confusion of how to change that are common among employees the companys team members took the lead on the stage to talk about policies give party lessons gather peoples hearts and boost morale. At the same time the company opened a column for situation and task education on the One Newspaper Two Microphones and One Network propaganda platform and successively produced and released hundreds of important conference illustrations special situation and task announcements and topic discussions.Through top-down situation and task education horizontal and vertical benchmarking and in a series of reforms such as adjusting the team structure and changing the distribution system the idea of taking advantage of heroes and wages are earned by oneself has become the mainstream. The ideological state and mental outlook of all cadres and employees have undergone tremendous changes and the history of eating a big pot of rice is gone forever.In the work of market development the idea of waiting for the market relying on policies and supporting the market has been greatly changed. All employees want to market all employees enter the market and all employees protect the market have become the conscious behavior of cadres and employees.Break the question first change the rostrum and then change the first three rowsPromote the cadre appointment system and contract management and make a big addition in igniting the passion for entrepreneurshipAfter determining the direction of the project system transformation who should be reformed first The answer of the Petroleum Engineering Construction Company is change the rostrum first then change the first three rows through vigorously implementing the project manager appointment system and contract management further breaking the administrative cadre management model and inspiring the endogenousness of key personnel such as project managers power.In 2019 they took the lead in implementing all the open recruitment of the management team in the Saudi MIP project and by signing the Operation Commitment Employment Agreement and Operation Contracting Responsibility Letter they required the project manager to make public commitments on key indicators such as target profits and made clear It is stipulated that if a profit is made at the end of the project the management team can enjoy the corresponding treatment.In accordance with the new regulations project managers are granted the right to manage personnel management and the overall deployment of equipment resources allowing the project manager to allocate resources independently according to the needs of performing duties and improve the efficiency of resource utilization. After the project is completed the job will be relieved and the lifelong system of cadres will be eliminated.The Saudi MIP project leadership team came under pressure. The company has given them the right to manage personnel coordinate the deployment of equipment resources etc. The autonomy in their hands is greater and the pressure is greater. The appointment system for project managers is to tie them to the companys interests. Petroleum Engineering Construction The person in charge of the company said.
