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Managing EPC Contracts
Estimated reading time: 6 minutes There are several key success factors to manage EPC contracts. These types of contract are often referred to as Engineering, Procurement and Construction (EPC) contracts…
Read MoreUnderstanding Production Sharing Contracts
Estimated reading time: 3 minutes Production Sharing Contracts 2019 The Production Sharing Contract is one of the most significant form of legal contracts/agreement to be found in the oil and…
Read MoreReducing Risks of Money Laundering and Terrorism Financing
Estimated reading time: 4 minutes Money laundering and terrorism financing are financial crimes with economic effects, and act as a threat to economic and financial stability. These illicit activities…
Read MoreIntelligent Pigging in Pipeline Pre-Commissioning Operations
Pipeline Pre-Commissioning Activities The main activities involved in preparing a pipeline for operation include filling, cleaning and gauging; hydrotesting; dewatering and drying. As in many other pipeline operations,…
Read MoreThe Gulf of Mexico and Opportunities for E&P in 2019
Estimated reading time: 3 minutes Geography of the Gulf of Mexico The Gulf of Mexico is an ocean basin and a marginal sea of the Atlantic Ocean, largely surrounded…
Read MoreWhat Is Gap Analysis?
Estimated reading time: 4 minutes Gap analysis is a set of techniques to examine and describe the gap between current performance and desired future goals. It is the comparison…
Read MoreEssential Safety Principles for Lifting Operation
Working with cranes poses many hazards, and unsafe working practices can result in injuries, fatalities and costly damage to materials. For example, machinery can injury people through various ways:…
Read MoreEPC Wrap Agreements in Power Projects
Estimated reading time: 4 minutes The increasing demand for energy has led to an intensification of competition – not only between organisations within the same sector (i.e. coal power…
Read MoreUnderstanding Drilling Contracts
Estimated reading time: 4 minutes Understanding Drilling Contracts The Exploration and Production (E&P) segment of the international Oil and Gas Industry, is in all probability, the riskiest in terms…
Read MoreCharter Party Contracts: Practical A-Z Guide to Laytime and Demurrage
A charter party (commonly abbreviated to “C/P”) is a document containing the written terms of a charter agreement between a shipowner and a charterer. The terms of the contract will…
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