BASF has changed its organisational set up to increase its Global Oilfield and Mining Solutions division’s focus.
According to the company it has changed the group to more closely align with ‘customer needs’.
Part of this change has been the shifting of offices and business responsibilities into local markets.
The company’s Global Business Management for Oilfield Solutions will now relocate to Houston, Texas, while the Regional Business Management Asia Pacific will move from Hong Kong to Melbourne.
Head of the mining business for BASF, Steffen Kudis, explained that "a more focused and industry specific set-up is required to successfully implement our strategies.
"I see this as an investment and strong commitment to our customer industries and I am very glad to move forward in this direction," he said.
A dedicated Global Enhanced Oil Recovery (EOR) Business Development group will also be established, Kudis added.