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Autumn_TT_2020.pdf

🔗 Source: matrixservicecompany.com

📊 Size: 6.98 MB

📄 Pages: 3 pages

⬇️ Downloads: 81

Summary

The confluence of commodity pricing and COVID-19 has created unprecedented headwinds in the oil and gas value chain, leading to a focus on cost-cutting and transactional relationships between owner/operators and service providers. However, this approach often results in poor project outcomes, increased costs, and safety hazards. A collaborative, integrated project delivery approach can help mitigate these risks by leveraging key supplier agreements, involving stakeholders early on, and applying industry best practices. This approach can lead to better alignment of goals, reduced costs, and improved project delivery. Owner/operators can achieve cost savings through volume purchases, reduced overhead costs, and efficiency gains, while service providers can benefit from long-term relationships and the ability to leverage purchases with other owner/operators.

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Description

The confluence of commodity pricing and COVID-19 has created unprecedented headwinds in the oil and gas value chain, leading to a focus on cost-cutting and...

Technical Information

File Format: PDF
File Size: 6.98 MB
Pages: 3
Language: EN
Total Downloads: 81
Last Updated: 1 month ago

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