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    Trans Mountain Pipeline Expansion Boosts China Oil Trade

    Trans Mountain Pipeline Expansion Boosts China Oil Trade

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    UAE Energy Investments in the US

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    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Future-proofing-gas-sector

    Future-proofing Gas Sector for Efficiency and Sustainability

    South-Africa-Oil-and-Gas-Exploration

    South Africa Speeding-up its Oil and Gas Exploration

    Upstream-Exploration

    High-Risk Geographies in Upstream Exploration and Challenges

    Offshore-Drilling

    Innovations Driving the Future of Offshore Drilling

    Gato-do-Mato

    Shell Approves Gato do Mato Project in Brazil

    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

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    US Polyethylene Export Market Report 2017-2020

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    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

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    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

    Engine No. 1, Chevron And GE Vernova To Power U.S. Data Centers

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    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

    CNOOC

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The Post-Megaproject Era: Five key actions to reshape project delivery in a world of energy competition

Yuvraj_ong by Yuvraj_ong
July 18, 2016
in News
0

In the past two years, more than $400 billion-worth megaprojects have been postponed, re-phased, re-cycled or cancelled:  it is unlikely that any of them will ever feature in the future energy landscape.

 

Yet this is potentially a good thing. Over the span of the previous decade, the majority of oil and gas megaprojects have landed more than two years late and more than 60 per cent over budget. The industry may well have saved itself a further $200bn or more in wasted capital. Change is necessary and overdue.

 

Large investment bets in megaprojects are now too high a risk in a world of increasing energy efficiency. 

 

A structural change in projects is therefore required from volume to efficiency via a three-point framework of portfolio philosophy, screening realism and system changes, and five key actions to deliver more efficient projects.

 

In the course of this webinar, we will outline:

 . An understanding of oil and gas project performance over the past decade, and rationale
 . Greater appreciation of the role of structural vs managerial issues involved
 . Insight to how the world of energy competition and oil price is creating a major change in project direction
 . Potential solutions and direction of project management required now for success in the future

 

Presenters:

Clare Colhoun 
CEO
8over8 Limited

 

As 8over8’s CEO, Clare Colhoun has over 20 years of diverse experience in capital project intensive markets and has driven profitable company growth since December 2000. Prior joining 8over8, Clare held executive positions in strategic planning and Finance in global blue chip businesses.

Harry Benham 
Director
Carbury Consulting

 

Harry Benham is a seasoned Oil & Gas professional with over thirty years’ industry experience in contract management across a wide range of disciplines. In the last 15 years, Harry managed some major upstream projects at BP in the UK and Azerbaijan, Shell Prelude and Browse FLNG and was the Head of Discipline at BP and Shell.

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