1 Apr, 2020
Improving Supplier/Contractor Relationships on Projects: TPI to the Rescue!
This Tip of the Month dives into a study on how technical process integration (TPI) positively impacts operator-supplier relationships and discusses seven best practices for implementing TPI at your company.
Read More >1 Mar, 2020
How to Build a Business Case for Project Management
This Tip of the Month gives you a four-step process that you can use to build your own business case for project management at your company.
Read More >10 Feb, 2020
Economic Fundamentals of Oil Pricing
This Tip of the Month discusses the fundamental economic factors that determine the price of oil in the long term and the global standards for crude oil valuation.
Read More >15 Nov, 2019
Managing Non-Technical Risks: A Major Operator Dealing with Conflict
Sometimes non-technical risks take the form of challenging human security issues, especially in politically volatile settings. This article takes a look at a situation a major operator experienced while working on a project in Indonesia.
Read More >14 Mar, 2016
Part 2 - Budgeting Production Activities
Budgets of various types constitute the principle management vehicle for the formal expression of the company's plans and objectives for a specified period of time. No other management tool is capable of providing the operational direction that can be achieved through a well-planned and developed budget. In this excerpt from Economics of Worldwide Petroleum, we will examine concepts of budgeting for production activities.
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