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Success Strategies for Oil and Gas Projects Effective project management is essential for the success of your business, so you need real-time visibility into each step of the project lifecycle. This is especially true in the oil and gas industry, where companies are struggling to maintain profitability in the face of growing costs, risks, and regulations.That's why leading global oil and gas companies rely on Oracle's Primavera enterprise project portfolio management (EPPM) solutions. Discover how you can use this solution to successfully plan, build, and manage your projects, as well as fuel your bottom line.
Date: 22 October 2012 Format: PDF File Size: 20 Kb
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Freight Transportation in the Oil & Gas Industry: Five Mistakes that Cripple Profitability (and how to correct them) The increase in shale gas extraction projects is triggering spectacular growth in North American drilling projects. But with this growth comes transportation challenges, as suppliers of pipe, chemicals, drilling equipment, and other materials must get products to and from an expanding number of energy sites, many in remote locations. The good news is there are steps you can take now to significantly reduce your current spend on upstream and midstream freight moves.
Date: 17 February 2012 Format: PDF File Size: 662 Kb
A ‘Pipeline’ to Unleashing Value: Cutting Midstream Costs and Reducing Risk with Enterprise Project Portfolio Management Solutions Huge capital projects entail enormous hurdles in logistics, planning, scheduling, communications, data management, and risk analysis. With pipeline mega-projects comes a great need to better collaborate and share information across the value chain that ultimately will drive down costs and increase the accuracy of delivery dates. Owner-operators, contractors, and suppliers working in the oil and gas pipeline industry all must find innovative solutions to minimize complexity and risk in these massive undertakings, as it becomes a top priority to have all players on a project team work more closely together. All of these factors and more are adding costs or reducing revenues and creating new risk management challenges for oil and gas pipeline companies. Pipeline project lifecycle management solutions, such as enterprise project and portfolio management (EPPM) solutions from Oracle, enable both executive and project leaders alike to successfully manage costs and reduce risk in such a volatile climate. This paper will address some key management issues facing the oil and gas pipeline industry from an enterprise project and portfolio management lifecycle perspective and how EPPM solutions can help minimize risk and thus cut costs.
Date: 20 June 2011 Format: PDF File Size: 163 Kb
Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions The oil and gas industry has always been the embodiment of undertaking high risk in pursuit of high reward. An increasingly complex and volatile business environment requires sound solutions for downstream petroleum companies seeking to mitigate risk, enhance efficiencies, and rein in costs while developing projects and managing project portfolios. Enterprise project portfolio management (EPPM) solutions provide robust collaborative tools to help meet those goals. EPPM solutions maximize collaboration and integration, real-time and uniform program visibility, and predictability in a way that goes beyond traditional solutions to optimize the value of a project throughout its lifecycle. This paper will outline specifically how EPPM solutions can help refiners and petrochemical producers to pinpoint the best strategies to develop and implement projects from conception through execution to endgame, which helps manage costs and reduce risk.
Date: 20 June 2011 Format: PDF File Size: 143 Kb
Prepare for the Unexpected: Capital Investment Planning in Asset-Intensive Industries (Special Report from the Economist Intelligence Unit, Sponsored by Oracle) Capital planning in the oil and gas, utilities, metals and mining and chemicals industries is fraught with difficulties. Only 11% of companies surveyed by the Economist Intelligence Unit in October 2010 report delivering the expected return on investment (ROI) on major capital projects 90-100% of the time, and 12% report delivering planned ROI less than half the time. No matter how robust and far-reaching their planning processes, organizations in the oil and gas, mining and metals, utilities and chemicals industries struggle to manage risks, predict levels of ROI and reap the expected value from major capital investments. This paper, prepared by the Economist Intelligence Unit, sponsored by Oracle, explores the results of a survey of over 425 executives in asset-intensive industries and offers practical recommendations for improving the capital investment planning process.
Date: 02 February 2011 Format: PDF File Size: 898 Kb
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