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Abu Dhabi International Petroleum Exhibition & Conference - EPC Contractor's Strategies for Timely Completion of Offshore Brownfield Projects by Onojeta, Kennedy Mudiaga; Karuppusamy, Kandasamy K.; Agrawal, Rajender Kumar; Kamal, Faris Ragheb; Takieddine, Ousama Halim is a scholarly article available to read on EtoBox.

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Abstract The O&G industry is continuously seeking cost reduction strategies that result in competitive advantage among their competitors especially during periods of fluctuating oil price. This has led to the engagement in Brownfield projects as a cost saving measure which arguably involves less capital to execute when compared to Greenfield projects with high cost of execution. Hence, Operators and EPC Contractors tend to focus on cost efficient and sustainable approaches that will maintain the profit margin and gain competitive advantage. This strategy places the companies in a better shape such that after the price fluctuation periods, they will be more prepared to face new challenges in developing new fields that will improve their bottom lines and be leaner in their operations. The focus of this paper is on the strategies applied in executing Brownfield works for many offshore platforms in Arabian Gulf by National Petroleum Construction Company (NPCC). The case study demonstrates the installation of over 3500 tonnes of deck extensions onto existing platforms using a simplified design approach, standardized seafastening arrangements that requires less offshore work, minimal int

Author

Onojeta, Kennedy Mudiaga; Karuppusamy, Kandasamy K.; Agrawal, Rajender Kumar; Kamal, Faris Ragheb; Takieddine, Ousama Halim

Publisher

Society of Petroleum Engineers

Published

2019

Language

EN