Last year, we looked at the contracting strategies, characteristics, key features of Mediterranean's 1st deep offshore gas focused FPSO The Energean project team emphasised on how the “Keep it simple” principals helped to enhance project cost and schedule. A lot of progress has taken place since then, hence this session will further elaborate on the key lessons learned, milestone and project progress up to date, as well as, strategies to ensure the project continues on time and on-budget.
An operator was experiencing high FPSO maintenance expenses, due to complex inspection and maintenance workflows that required a data-driven approach to provide actionable maintenance insights. Using the Akselos structural Digital Twin, the supermajor is achieving 5x ROI for the engineering workflow, enabling structural analysis as frequently as new inspection data is available
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FORGING CLOSER RELATIONSHIP WITH OIL & FPSO COMPANIES FOR EFFECTIVE COLLABORATION & COOPERATION ACROSS THE ENTIRE VALUE CHAIN
When it comes to project execution, oil companies and FPSO contractors can sometimes approach it quite differently. With the many projects coming online, it is crucial that both parties find common ground with each other and also work with every vendor across the supply chain.