Lower Prices Demand A Hard Look At Costs: Ensuring Megaproject Performance In Oil And Gas
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The oil and gas megaproject industry knows how to be profitable even when prices drop below £40/bbl. But ten years of high oil prices has caused a greater than doubling of supply chain costs, and considerable overruns on nearly every major project.
Despite low prices, the purpose of this white paper is to evaluate the methodologies which can ensure high project performance.
Seasoned Oil & Gas & Shell expert, Harry Benham lends his expertise & analysis on the two fundamental approaches whereby both owner operators and EPCs can benefit from standardized systems designed to address the major risks all megaprojects face.
About the Author: Harry Benham is a seasoned Oil & Gas professional with over thirty years’ industry experience across a wide range of disciplines and regions: technical, commercial, contracting and procurement in Europe, Russia and the US. In the last 15 years Harry was managing contracts of some major upstream projects. These include the front line contracting roles with BP in the UK and Azerbaijan, with Shell in Prelude and Browse FLNG and as the Head of Discipline at BP and Shell.
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