SPECIAL REPORT: NEXT GENERATION OFFSHORE ENGINEERING, PROCUREMENT AND CONSTRUCTION SERVICES
CIVIL GOVERNMENT SERVICES MINING & METALS OIL, GAS & CHEMICALS POWER
5°5'27.4''N | 89°17'48.75''E
KG D6, India
infrastructure that itself is growing. Energy industry analysts at Douglas-Westwood 5 are projecting more than 7,000 fixed and more than 200 floating platforms, and with 190,000 km of pipeline currently installed plus a number of major modification programmes to push growth in offshore operations and maintenance in the next couple of years. It isn’t only the growth of new fields but also the life extension of established fields that is stretching oil and gas production life cycles to extents that were not previously planned.
Collaboration – Playing to Their Strengths It is here that the theme of this paper can be picked up. With increasing complexity comes the need not simply to specialise but to be expert in a range of processes and operations which take businesses in the sector ever further away from their core competencies. As a result, programmes are becoming ever more collaborative efforts with a number of businesses who are specialists and experts in their own field (engineering, construction, procurement, etc.) working within each programme overseen by one of the oil and gas businesses.
Responsible Development – Fair Shares But it isn’t only growth or engineering challenges that the sector has to consider. The discovery and exploitation of oil and gas reserves can transform a national economy. Not only is the product itself very valuable, but also it can drive improvements in employment and technical skills in the locality of the reserves. That will, in turn, benefit the economic capability of the country and generate tax revenues which will significantly affect the ability of a government to provide for its people in the longer term those staples of modern life such as good communications, healthcare and education. Achieving this is largely a function of responsible procurement which, again, might best be outsourced to businesses specialising in that function, familiar with how to ensure that, wherever possible, the local economy benefits from reserves within its territorial waters. In the growing business of exploitation and realisation of offshore oil and gas, there are many reasons why experts in each part of the process should collaborate to ensure that the whole is an expertly conducted operation.
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