Introduction Even as the oil price creeps back up, circa $65/bbl at the time of writing [1], the oil & gas industry still exists in a “lower for longer” […]
Read More… from If technology is no longer the barrier to change, what is?
Over the coming decades, all industries will be transformed by converging technological trends that dramatically alter how companies do business. This will undoubtedly […]
Read More… from 7 oil & gas jobs that will exist in the future
Introduction
Agile project management approaches, including flavours such as Scrum and Extreme Programming, have taken the software development world by storm. Proponents praise the flexibility and speed of the […]
Read More… from How agile is your project development process?
Following completion of a gas commercialisation study undertaken by io, and a competent person’s report by RPS Energy consultants limited, io is pleased to announce its client, Aminex PLC, […]
Introduction
The rapid rise of renewables; transition to gas as a cleaner fuel; and improved efficiency in energy conversion processes have all led to an increased traction, and significant […]
Read More… from Impact of electric vehicles on oil demand – major disruptor or just part of the mix?
Throughout the past 10 years, the oil & gas industry has drilled offshore fields that lie in increasingly deeper water. As we go deeper, there is an inherent need […]
Read More… from Perfect match: Coupling facilities and subsurface simulation models
Collaboration vs Co-operation
Like many in the industry, io believes collaboration is critical to the success of projects, particularly in this lower for longer environment. However, the word collaborate […]
Read More… from Do you trust in collaboration enough to reap the rewards?
The first decade of this century witnessed the successful completion of a number of field developments that featured long range tie-back to shore as the facilities solution, notably projects like […]
Read More… from Why has the industry turned its back on long distance subsea tiebacks?
To many it seems as if the rate of change of technology is accelerating, and people are starting to claim that it is posing an increasing challenge to business[1]. […]
Oil & gas projects are some of the most complex in the world; they are often a series of interrelated problems which are increasingly difficult to solve. Bringing value and […]
Read More… from Do you know you have a wicked problem and do you know how to solve it?
When it comes to the oil price, an economist’s forecast is only as good as the next person’s guess … here at io, we take a look at the macro […]
Introduction In 2011 78% of upstream oil and gas megaprojects faced either cost or schedule overruns according to an industry study by the Independent Project Analysis (IPA); in 2014, […]
Read More… from Are you unknowingly destroying value with your capital value process?
Part 1: Project Finance Funding gap in an uncertain world
In 2016 the Deloitte Centre for Energy Solutions published a report [1] that predicted an anticipated CAPEX funding gap […]
Read More… from How are you approaching lack of funding for Field Development?
The need for change and transformation in the way the oil and gas industry does projects has been io’s call to arms since its inception; it is precisely the reason […]
Read More… from Lessons from the history books … how looking back can help us moving forward