Project delivery
P&T is responsible for delivering capital projects. Some projects entail constructing entirely new facilities, some involve expansions of existing facilities, and others may require outdated facilities to be decommissioned and dismantled. Many of these projects are huge undertakings. A single project may involve several years of design and engineering work, hundreds of wells, thousands of construction workers, and billions of dollars’ worth of materials and equipment.
In the face of such scale and complexity, we constantly seek opportunities to improve efficiency and reduce costs. These efforts, which have intensified in recent years because of the challenging market conditions, are paying off. In 2015-2016, P&T delivered multi-billion-dollar gains in capital efficiency, split between cash savings and well-efficiency improvements.
Integrated Projects & Technology organisation
Project
delivery
- Top-quartile performance
- Goal Zero on safety
Innovation
and R&D
- Business focus
- Short and long term
Technology solutions
and deployment
- Right concept
- Standardisation and replication
