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Strategic Procurement Cost Estimation For Capital Projects In The Oil And Gas Industry: Benchmarking And Optimization Strategies

Year: 2024 Authors: Indrawan, E., Damayanti, N. Reference: IPA24-BC-122
Keywords: Cost Accuracy, Cost Estimate, Long Lead Item (LLI), Market Assessment, procurement,
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Proceedings Title : Proc. Indon. Petrol. Assoc., 48th Ann. Conv., 2024

Oil and Gas Companies' business objective is to generate revenue through production operations. Capital projects are prepared and generated to support...

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Modeling and Predicting the Cost of Oil-Onshore Facilities Based on Oil Prices: A Case Study in Indonesia

Year: 2024 Authors: Azizurrofi, A.A., Gaos, L. Reference: IPA24-BC-146
Keywords: Cost Estimate, indonesia, oil prices, onshore oil projects, project economics,
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Proceedings Title : Proc. Indon. Petrol. Assoc., 48th Ann. Conv., 2024

Russia's invasion of Ukraine, which started in February 2022, had a significant impact on the global energy market and world energy security. The long...

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