Once again, I would like to welcome all our new colleagues who have joined us and
wishing you all the success in your roles.
Challenges we have been facing are still consistent. As a Group, we are still in recovery
phase. While we made progress toward improving and streamlining operating
processes, we must always strive to perform better this quarter than the last. Below are
some of the accomplishments we have achieved in this tough market:
· Valve and manifold orders are strong and increasing and these are proving to be
quite fruitful for the business.
· Substantial work secured from NOV and Hydril for BOP repair.
· Substantial work secured from Baker Hughes for Wellhead repairs.
Plans are already underway to drive improvements as we move into 2020:
· Improving internal measurements that help us deliver better reporting to you,
and in real time.
· Providing practical guidance and training internally, that is aligned with our
corporate strategy and customer commitments.
· Scrutinizing processes and structures, and assessing the ways we can become
more efficient while driving toward performance.
· Providing tools and new approaches that deepen the customer relationship.
We are on a continuous journey of learning and improvement. We will measure our
progress against the highest standards and believe we can make the greatest impact
when we maintain a deep commitment to addressing our challenges with transparency
and integrity. And as always, a focus on you.
Dear Colleagues,
It has been a remarkable second quarter for MTQOS and
record first half of the year FY20. Through your efforts,
good work and brilliant performance, we are perfectly set
up with a chance to have our best year since the inception
of this organization. One thing has held true through the
years, and that is, as leaders and peers, we cannot be
successful alone so thank you for your combined efforts in
ensuring we are providing the best possible products and
services to our customers.