Introduction to Production Sharing Contracts
April 1, 2021
|
Tip of the Month
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.
View Article
Procurement, E&P Asset Management and TCO
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).
View Article
How to Avoid Surprises During a Turnaround and Deliver Your Brownfield Project Successfully
September 1, 2020
|
Tip of the Month
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.
View Article
Improving Supplier/Contractor Relationships on Projects: TPI to the Rescue!
April 1, 2020
|
Tip of the Month
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.
View Article
How to Build a Business Case for Project Management
March 1, 2020
|
Tip of the Month
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.
View Article
Economic Fundamentals of Oil Pricing
February 10, 2020
|
Tip of the Month
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.
View Article
