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Brent crude oil price finally had reached $75/bbl at the time of writing. So far, this oil price is the highest since before the COVID-19 pandemic, which is a good sign that demand is picking up. Oil and gas offshore projects also seem to be picking up; most offshore greenfield projects are dictated by economics and the price of oil. -
The COVID-19 pandemic accelerates transformative moments, particularly the search for the best strategy and innovation to secure offshore megaprojects not underpinned by higher oil prices.
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What is the definition of offshore-facilities project success in the context of Industry 4.0? Generally, cost, time, and scope are the common project-success indicators. However, I believe we can expand these indicators to the social and environmental areas.
