“Failure is simply success in progress” with Richard Lynch- SVP Technologies and Services at HESS Corporation.
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From internships to leadership: learn from Richard Lynch's journey in the oil and energyRichard Lynch is Senior Vice President, Technology and Services for Hess Corporation, a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. In this role, Lynch is responsible for functional delivery of field development, major infrastructure, drilling and completions projects and driving functional excellence through standards, processes, technology and talent management. Prior to joining Hess in April 2014, Lynch spent 14 years with BP, most recently as Vice President, Global Wells Organization where he was responsible for the safe, compliant and reliable delivery of all upstream activities associated with drilling, completions, interventions and wellbore integrity. Under Lynch’s leadership, the organization built the Containment Response System to shut-in a well in the event of an uncontrollable leak, created the BP Global Wells Institute to develop the technical expertise of employees and contractors, and established new drilling and completion standards and policies following the Gulf of Mexico Deepwater Horizon incident. Lynch holds a bachelor’s degree in Petroleum Engineering from the University of Wyoming.Richard recently shared his insights and experiences on the "Flipping the Barrel" podcast, he provided listeners with valuable advice on navigating a successful career in this dynamic field. You should definitely tune in. 📻🎧Here are some highlights from this Episode! ✅ Family Background: Richard Lynch's family background in the oil and gas industry had a significant impact on his career choice. Growing up, he was exposed to the industry through his father's work as a drilling engineer. This early exposure and understanding of the industry shaped his interest in petroleum engineering, which ultimately led him to pursue a degree in this field. However, despite the clear path that was laid out for him, Lynch recognizes the importance of keeping an open mind and being willing to explore different opportunities.✅ Bridging the gap with internships:Richard Lynch stressed the significance of internships in bridging the gap between theoretical classroom learning and practical industry experience. According to Lynch, internships provide students with hands-on opportunities to apply their skills, gain industry-specific knowledge, and develop valuable professional skills that are critical for success in the workforce. Drawing on his personal experience, Lynch shared how his own internship provided him with an excellent opportunity to improve his communication and collaboration skills. Through his internship, Lynch learned how to work effectively in a team setting and communicate technical concepts to non-technical stakeholders. He further explained that these skills were essential in his career and that without his internship experience, he would have struggled to succeed in the industry.✅ Adapting to different cultures:Richard emphasized the importance of adapting to different cultures in today's globalized business world. He shared his experiences of working in different locations around the world and how it was challenging to adapt to different cultures. However, he highlighted that embracing diversity is essential to succeed in the global energy industry. Richard shared how he learned to appreciate the different perspectives that people from diverse backgrounds bring to the table. He emphasized that it is important to have an open mind and be willing to learn from others. He stressed the need to communicate effectively with people from different cultures and to understand their values and beliefs to build strong working relationships.✅ Qualities of successful leaders:Richard Lynch believes that the qualities of a successful leader include effective communication, approachability, and listening skills. He has developed these skills over time by working in various locations and cultures around the world. Richard highlights that successful leaders need to be able to communicate effectively with their team and stakeholders, listen actively to their concerns, and be approachable to build trust and respect. These qualities are essential to lead a successful team and achieve business goals.✅ Promoting diversity in the workplace:Richard discussed the importance of promoting women in STEM and helping them attain leadership roles in the oil and energy industry. He emphasized the need for male allies to advocate for women in STEM and help effect change.✅ Self-evaluation for success: Richard talked about the importance of self-evaluation and how it can help you overcome difficult situations at work. He emphasized the need to delegate tasks to colleagues who have more skills in certain areas and focus on your own strengths.✅ OIl and Energy skill set for the future:Richard discussed how traditional oil and gas skills are transferable to the renewable energy industry. He talked about how young engineers should focus on researching technologies to reduce emissions issues related to oil and gas production and embrace the opportunities in the growing renewable energy field.Overall, Richard's extensive experience in the oil and energy industry provides a wealth of knowledge for listeners. Tune in to the Flipping the Barrel podcast to gain valuable insights and practical advice for navigating a career in this industry.
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