standardization
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Appropriate data standards do not restrict creativity and innovation, they enable it. Being a little cynical, I guess we just do not value clarity, quality, or productivity over empowerment to do things our own way. “Why can’t we all just get along?”
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US Gulf project will use a similar floating solution to the operator’s Vito project due onstream next year.
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Better planning, estimating, and monitoring of costs throughout an asset’s life is key to better decision-making.
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IOGP JIP33 plans to publish more than 30 specifications by the end of the year.
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A new video by IOGP mixes animations with personal stories to illustrate the benefits of using standardized specifications in the oil and gas industry.
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Obstacles remain to keeping offshore development competitive with its onshore counterpart. Can the industry advance technology at a pace where the subsea segment will see a resurgence?
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Reducing the complexity and controlling the cost of major offshore projects are together one of the biggest challenges facing the oil and gas industry.
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There is no shortage of ideas for reducing the cost and risk of offshore oil and gas developments. The hard part is implementing them in an industry where they require changes in long-standing habits, corporate cultures, and some new technology.
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While some standardization makes sense, it is important for the industry to implement cost-effective supply chain practices to efficiently deliver customization when it improves efficiency and increases production.
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Given the inherent differences in projects, the author discusses how can standardization be used to avoid creating each one from scratch, and what the benefits of standardizing might be for the industry.
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