This article gives an introduction to the three basic parts of production sharing contracts - cost recovery, division of the “profit oil”, and royalty and income taxes. [Keep reading]
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The Procurement and Supply Chain Management (PSCM) organization plays an important role in optimizing operational and financial efficiency. This technical article dives into the involvement of PSCM in the E&P process and total cost of ownership (TCO). [Keep reading]
The “biggest” Brownfield project challenge is fully understanding the existing condition of the facility where the project will be installed. This article addresses techniques that a project engineer can utilize to mitigate surprises and ultimately, manage scope changes. [Keep reading]
This Tip of the Month dives into a study on how technical process integration (TPI) positively impacts operator-supplier relationships and discusses seven best practices for implementing TPI at your company. [Keep reading]
This Tip of the Month gives you a four-step process that you can use to build your own business case for project management at your company. [Keep reading]
This Tip of the Month discusses the fundamental economic factors that determine the price of oil in the long term and the global standards for crude oil valuation. [Keep reading]
