Increased production saves US$70 million for offshore oil & gas operator
Reducing the shutdown period of our client’s oil and gas platforms in the North Sea saved them some US$2 million a day in lost revenue.
Increased production saves US$70 million for offshore oil & gas operator
Reducing the shutdown period of our client’s oil and gas platforms in the North Sea saved them some US$2 million a day in lost revenue.
Deliverable —
Optimising platform turnaround times
Client —
TAR Engineering Management
Industry —
Deliverable —
Optimising platform turnaround times
Client —
TAR Engineering Management
Industry —
2 — Solution
After initial consultations and investigations, we conducted a workshop to bring together key stakeholders and identify solutions that would have a positive impact on the next shutdown season. We developed tools for comprehensive risk assessment and tracking, and resourcing guidelines that standardised processes and accountabilities.
3 — RESULT
Our recommendations reduced the shutdown period by 40 days which provided more than US$70 million in savings for the client through increased production.
CONTACT US TO DISCUSS HOW OUR EXPERTISE DEVELOPS SOLUTIONS TO IMPROVE YOUR BUSINESS.
