megaproject
BHGE – the first “molecule to megawatt” contracting supermajor
July 31 by Oil & Gas IQ EditorThe super-merger of the year so far unites two giants in the service provider space as they embrace the digital revolution When General Electric announced its merger with Baker Hughes, it signalled t...
[INFOGRAPHIC] Your Engineering & Design Concerns: 2017 Edition
June 06 by Tim HaïdarIn the oil and gas industry, projects have been increasing in their size, scope and cost for decades. While the price of a barrel of Brent crude was above $80 per barrel, the sector embarked on an unp...
Death Of The Megaproject?: How to Solve the Problems Involved in the Oil & Gas Industry (Special Report)
April 15 by Tim HaïdarThe headstone of the oil and gas megaproject is being etched as you read these words…. In a world that has seen the price of a barrel of the Black Gold nosedive by more than 60 per cent i...
CAPEX Project Overruns: Why You Simply Can’t Afford Them
July 15 by 8over8 LtdResearch suggests that on time and on budget completion of complex projects is the exception rather than the norm. In 2014, EY analysed 365 complex projects and found that 64% face cost project overru...
Mega Projects: Avoiding Contractual Disputes
July 15 by 8over8 LtdBy their nature, mega projects are funded by well-resourced organisations. Typically, funding security has allowed some elasticity for overruns and the associated cost, which recent experience has ill...
Mega Projects: Cost Overruns In Oil & Gas
July 15 by 8over8 LtdProspective megaprojects in design – a combined group of over $400bn by most estimates – have now been postponed, re-phased, re-cycled or cancelled. Fueled by high oil prices for over a de...
Contract Management: Why Use A Shotgun To Kill A Fly?
July 15 by 8over8 LtdContract management platform… A few years back, at a UKTI event, I briefly met with the CFO of one of the largest oil companies in South America. His company was about to embark on a...
Mega Projects: Keeping On Track When Oil Price Is At Rock Bottom
July 15 by 8over8 LtdIn June 2014, even when Brent prices were collapsing, the industry still did not believe that they could fall below US$50, but as the supply surplus grew, prices continued to drop. Early in 2015, the...
[INFOGRAPHIC] FPSOs - Weathering The Storm Or Sinking Beneath The Waves?
July 21 by Oil & Gas IQ EditorThe floating production, storage and offloading (FPSO) sector is likely to see between $80-$120 billion-worth of investment through 2019, and that is with the oil industry experiencing its worst downt...
3 key factors for the FLNG future
August 22 by Oil & Gas IQ EditorLack of transmission networks and the fact that four out of every five infrastructure megaprojects fail.
Editorial: Shell's great rabbit hunter?
January 21 by Tim Haïdar"Whenever you see a successful business, someone once made a courageous decision." Peter F. Drucker (1909-2005)