Risk management
The event on 14 January in Houston will bring together leading economists and industry leaders and will debut the North American edition of Energython, “Molecule to Megabyte,” a business case challenge for students focused on gas-to-data-center solutions.
This article introduces a tender strategy framework—a four-pillar model built on nearly 2 decades of international upstream experience—that integrates engineering rigor with business strategy to improve contract awards, strengthen transparency, and deliver lasting project performance.
The SPE Asset Management Technical Section (AMTS) is teaming up with the University of Houston to launch a pilot program that advances asset management practices and supports the growth of energy professionals worldwide—setting a model for future collaborations between universities and SPE technical sections.
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Cost estimation for facilities depends on early concept selection and critical inputs, often complicated by uncertainty in one or more of the critical inputs. Empirical cost models and cost modeling methods using these inputs vary in degrees of scope, comprehensiveness, and robustness. -
Decision analysis is not a cookbook or series of boxes that must be checked before a project is approved, argue professors Reidar Bratvold and Steve Begg, who share some pointers on how to map out the likely consequences of decisions, assess the importance of individual factors, and choose the best.
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