Publications

Partnering & Alliancing is the predominant means of CAPEX and OPEX contracting in the North Sea at present. Many services are bought on this basis from Drilling and Well Services to Engineering and Construction and Management. Generally, contracting in this manner has realised significant gains to both Operator and Contractor.This study concentrated on OPEX reduction contracting, particularly in the Engineering & Construction activities related to Offshore Production, Maintenance and Modification activities. The North Sea OPEX market was reviewed and focused on three Operators to illustrate different cultures, approaches, levels of success and aspects of success and failure.