Development Costs

Energy Quote of the Day: On $22.4 trillion Worth of Global Oil & Gas Megaprojects

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Norwegian-UK Gas Pipeline Laid In the North Sea

Major oil and gas companies’ recent record of bringing large projects on stream within projected timeframes and budgets leaves much to be desired. Ernst & Young analyzed the performance of 365 megaprojects – those costing over $1 billion – and found 64% face cost overruns and 73% face delays. See Kashagan in Kazakhstan as one… Keep reading →

 /  Published August 29, 2014 at 3:00 PM

Infographic: Origins of the Next Wave of Innovation in the Oil & Gas Industry

By Roman Kilisek

Oil Boom Shifts The Landscape Of Rural North Dakota

Future oil and natural gas production as well as exploration is expected to take place in some of the most remote and inaccessible places in the world. Reservoirs with the highest commercial potential are seen to be located offshore in deep waters or in the Arctic. Both “frontier” areas have challenges in common such as… Keep reading →

 /  Published July 8, 2014 at 12:00 PM