Impact of electric vehicles on oil demand – major disruptor or just part of the mix?
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 […]
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Perfect match: Coupling facilities and subsurface simulation models
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 […]
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Do you trust in collaboration enough to reap the rewards?
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 […]
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Why has the industry turned its back on long distance subsea tiebacks?
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 […]
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New technology, are you aware of the risks?
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]. […]
Do you know you have a wicked problem and do you know how to solve it?
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 […]
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From cartels to perfect competition
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 […]
Are you unknowingly destroying value with your capital value process?
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, […]
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How are you approaching lack of funding for Field Development?
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 […]
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Lessons from the history books … how looking back can help us moving forward
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 […]
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How you can make your project greater than the sum of its parts
Systems thinking and systems dynamics are two key components to systems theory and have been the mainstay of many industries since the middle of the twentieth century. Systems thinking is […]
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How good is your decision making? … and are you certain about that?
At the very heart of being human is the ability to have rational thought and ultimately make decisions, whether it be the smaller every day decisions we may make without […]
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