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.

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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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10 Mar, 2016

Part 1 - Budgeting Exploration 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 exploration activities.

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