Digital Transformation of Engineering and Design in Oil and Gas
Sponsored by: AVEVA
- Oil And Gas Upstream
- Gas Processing Plant
Date: 4 December
Time: 3PM London/10AM New York
Reduce Total Installed Cost of Exploration & Production (E&P) Projects by up to 10%
In the past few years, low oil prices had sanctioned almost every large Exploration and Production (E&P) projects in the oil and gas industry. Today, with the recent recovery of oil prices, most oil and gas companies are starting to see light at the end of the tunnel and preparing to ramp up their investments to either maintain or grow output. Yet, despite the increasing investment in E&P projects, companies are facing tougher contracting and more intense global competition. Any slight delay or budget overrun in a project can easily turn profit into loss. To improve performance and reduce risk of cost and schedule overruns, companies must leverage effective project management tools and best practices at the outset of a project to improve productivity and reduce uncertainty.
Efficient Management of the Design Spiral is key to E&P Project Performance
Delivering capital and brownfield oil and gas projects on time, on budget and to the highest standards demands the ability to control and manage changes as the design iterates through progressive refinement and detailing. This requires a collaborative digital environment that enables all the engineering and design disciplines to respond to multi-discipline changes in an ordered and organised manner. Any construction reworks due to bad quality of deliverables from Engineering and Design phases can result in huge overspend in a capital project, impacting the bottom line.
In this webinar, Henrik and Brian will outline the importance of an integrated platform to streamline project execution from design to construction and handover, highlight customer use cases - FPSO, Gas processing plants and others- and demonstrate how the digital platform improves collaboration and reduces wastes and reworks, enabling companies to deliver their projects on time and schedule in this competitive environment.
1) Reduce Project Cost and Schedule
2) Improve Engineering Efficiency with fewer design iterations
3) Reduce Project Risks with clear visibility of progress against plan
4) High ROI with significant reduction in Total Installed Cost by up to 10%
Are you ready to digitalise Engineering and Design to boost Project Profitability?
Register for our Webinar.
Senior Solution Strategy Manager
Henrik started his career in the mid-80s, working with software and solutions for the global shipbuilding industry. For the last 15 years he has been focusing more on the plant design industry, where he has been involved in the development of several key AVEVA products supporting engineering, design and construction.
Senior Solution Strategy Manager
Brian Hughes’ current role at AVEVA is Senior Solution Strategy Manager, responsible for 3D Plant Design, Detailing & Fabrication strategy.
He joined AVEVA back in 2011 working for product development in Cambridge, where he helped develop the Draw module for AVEVA Everything3Dâ„¢ in his role as Product Owner.
In 2013 he joined the Product Strategy and Marketing team based out of Cambridge and took responsibility for the AVEVA Bocadâ„¢ product. In 2014 Brian took a more active role in Solution Strategy by taking responsibility for the strategy for AVEVA PDMSâ„¢, AVEVA E3Dâ„¢ and AVEVA E3Dâ„¢ Insight. He is also currently responsible for solution strategy for fabrication, including AVEVA Bocadâ„¢ and AVEVA FabTrolâ„¢.
Brian has a civil/structural engineering background and worked for over 20 years in industry, primarily in the Oil and Gas business, involved in numerous major projects for global EPC contractors prior to joining AVEVA.
Key Learning Objectives
- Transform Engineering and Design for improved Project Profitability in Oil and Gas
- Reduce Total Installed Cost by up to 10% with Digital Transformation in Engineering and Design
- Improve Engineering Efficiency with fewer design iterations by improving collaboration among different disciplinaries from outset of project
- Improve organizational agility and Project Profitability by cutting design iterations, cost and risks
- C Levels
- Project Managers
- Head of Engineering and Design
- Director of Engineering
- Digital Transformation Chief
- Project Information Managers
- Discipline Engineers