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New approaches to cost reduction on the UK continental shelf

Abstract

The conference paper deals with cost reduction on the UK continental shelf. New approaches on the reduction of field development costs are compared with the cases if traditional approaches had been followed. Field developments where success in aligning the goals and objectives of the contractors and owners which led to projects being delivered on time but more than 20% below budget, are exemplified. The contractors in the alliance received 55% of the savings in addition to their normal profit. The procedure to follow in such cases, is discussed
Authors:
Publication Date:
Dec 31, 1994
Product Type:
Conference
Report Number:
NEI-NO-501; CONF-9408229-8
Reference Number:
SCA: 423000; 290201; PA: NW-95:005149; EDB-95:072434; NTS-95:015491; ERA-20:016312; SN: 95001381326
Resource Relation:
Conference: ONS `94: 11. international Offshore Northern Seas conference and exhibition, Stavanger (Norway), 23-26 Aug 1994; Other Information: PBD: 1994
Subject:
42 ENGINEERING NOT INCLUDED IN OTHER CATEGORIES; 29 ENERGY PLANNING AND POLICY; NATURAL GAS FIELDS; COST; CONTINENTAL SHELF; RESOURCE DEVELOPMENT; UNITED KINGDOM; PETROLEUM INDUSTRY
OSTI ID:
41186
Research Organizations:
Norsk Petroleumsforening, Oslo (Norway)
Country of Origin:
Norway
Language:
English
Other Identifying Numbers:
Other: ON: DE95766577; TRN: NO9505149
Availability:
INIS; OSTI as DE95766577
Submitting Site:
NW
Size:
33 p.
Announcement Date:

Citation Formats

Curtis, M I. New approaches to cost reduction on the UK continental shelf. Norway: N. p., 1994. Web.
Curtis, M I. New approaches to cost reduction on the UK continental shelf. Norway.
Curtis, M I. 1994. "New approaches to cost reduction on the UK continental shelf." Norway.
@misc{etde_41186,
title = {New approaches to cost reduction on the UK continental shelf}
author = {Curtis, M I}
abstractNote = {The conference paper deals with cost reduction on the UK continental shelf. New approaches on the reduction of field development costs are compared with the cases if traditional approaches had been followed. Field developments where success in aligning the goals and objectives of the contractors and owners which led to projects being delivered on time but more than 20% below budget, are exemplified. The contractors in the alliance received 55% of the savings in addition to their normal profit. The procedure to follow in such cases, is discussed}
place = {Norway}
year = {1994}
month = {Dec}
}