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New guidelines to drive systematic project delivery improvements

New guidelines promoting good practice in robust project delivery published by Oil & Gas UK (OGUK) aim to provide companies with a systematic framework for ensuring oil and gas projects are on time and within budget.

Industry experts including operators, contractor companies and the Engineering Construction Industry Training Board (ECITB) contributed to the guidelines. They cover all stages of a project from initial concept through to commissioning, handover and close out, and are intended for use by project teams, senior management, joint venture partners, project owners, assurance and review teams, supply chain companies and the UK Oil and Gas Authority (OGA).

Katy Heidenreich, OGUK’s Operations Optimisation Manager, says: ‘Improving how the sector stewards our oil and gas assets is vital to securing a safe and sustainable future for the UK Continental Shelf. These guidelines provide companies with a systematic method for strengthening their processes to achieve repeatable, predictable delivery of oil and gas projects which meet their cost and schedule targets. The industry’s progress in this area has been recognised by the OGA in its
2018 UKCS Projects Insights Report, which indicated that 60% of major projects went into operation on time compared with an historic average of 25%.’


News Item details


Journal title: Petroleum Review

Countries: UK -

Subjects: Economics, business and commerce, Oil and gas, Exploration and production, Business management

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