Capex Project Overruns – you simply can’t afford them

Why has failure become an option? With the extremely high profile awareness and attention that complex projects receive today, it seems almost bizarre that so many result in less than satisfactory outcomes. Clearly, nobody sets out to fail but it appears that they are far from isolated examples when they do. So, what’s going wrong? Read this blog to find out more..

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Keeping projects on track when oil price is at rock bottom…

The energy sector is going through tough times with changing supply and demand in the light of the surge in non-OPEC supply, and the lifting of sanctions on Iran. But are there opportunities in these challenges?

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Advanced Contractual Risk Management: reducing cost of capital needed to fund large capex projects

With commodity prices in freefall is there anything that can be done to renew confidence in complex capital projects? We think there is, and it could be as simple as the way you interact with your contractors.

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Shrinking ROIs need growing EWIs

Oil and gas majors have seen potentially disastrous reductions in margins and returns on assets in the last 12 months. It is now essential to make better use of Early Warning Indicators (EWIs) to protect against the threats that erode profits.

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Avoiding Contractual Disputes on Megaprojects

By 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 illustrated can be 15 per cent of project cost.

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Organizing Chaos Is Stepping Stone To Exploration & Production (E&P) Project Cost Savings

Soaring costs have plagued projects in the oil & gas industry for years, with many failing to get the green light for fear of overruns. One way to control costs is to streamline contract management and communication between the operator and the many contractors involved.

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