Working with energy producers to minimize subsurface risk …
and maximize project value
Studies show that suboptimal front-end engineering leads to significant value erosion for major projects. Over-capitalized projects generate disappointing returns. Under-capitalized projects require costly retro-fit. Phased projects with development optionality often generate the best returns.
Non-technical risks make business difficult - budgetary pressures in uncertain macroeconomic environments, regulatory hurdles, commercial and logistical challenges in developing markets. Operators cannot be complacent about technical risk!
Opportunity Screening, Concept Selection, Execution