Mobilisation in a dynamic Australasian oil and gas market

2014 ◽  
Vol 54 (2) ◽  
pp. 501
Author(s):  
Vikki Pink

How do major brownfield engineering, procurement, and construction (EPC) contractors manage their resources across a geographically dispersed market that is transitioning from the Greenfield mega-project era into operations? How do we manage seemingly unlimited opportunities with a finite in-country resource pool without compromising safety, quality and competitiveness? Contractors must demonstrate high levels of nimbleness and governance when it comes to accessing and deploying the right calibre, cost-effective resources. The mega-project era in Australia has seen unprecedented growth, but on a capital-project basis; brownfield contractors need to take the long view and structure their resourcing strategies accordingly. This means tapping into global networks of suitably experienced personnel, unblocking barriers to mobility, and developing sustainable development programs. Investment in and relentless focus on safety leadership through tailored development and competency programs is a must for any contractor that is serious about mobilising safely. When considering the cultural, behavioural, and competence contexts of diverse locations, leading contractors must come ready-armed with robust, proven tools managed by leadership personnel who are deeply intimate with these methods and the core values that underpin them. By taking direct ownership of resourcing through strategic, in-house capabilities with a global reach, a contractor can constantly monitor its talent pool and link this to its strategic opportunities. But even more critically, the contractor can provide assurance to clients and communities that the crews deployed to diverse worksites, such as Karratha, Bass Strait, and Papua New Guinea are completely fit for purpose and well suited to each environment.

Author(s):  
N. Nordin

The development of small and marginal fields is becoming progressively more important in mature oil and gas provinces. During the low oil price environment starting in 2015, the challenging economic climate required going beyond conventional boundaries to develop small and marginal fields; hence a concept was tested further through “Concept+ Workflow”. In 2019, “Concept+2.0 Workflow” was introduced with the incorporation of Design to Value (D2V) principles. Among the elements in “Concept+2.0 Workflow” was design replication through the “Design One Build Many (D1BM)” concept, with the primary focus on one standardized fit-for-purpose topsides design. With the right mind set, such development will not only technically feasible, but also economically attractive and value creative. The first element of this approach is the Lightweight Structure (LWS) with a targeted weight topsides. A long term EPCIC contract will be established based on the generic D1BM fit-for-purpose functional facilities design to provide economies of scale. The second element is on the Target Cost Setting and Target Schedule Ready for Rig (RFR) which ascertains the EPCIC capability to compete and provide the optimum Design to Value approach for the development. Throughout, an integrated approach and disciplined project management have been essential for maintaining a cost effective and timely execution of Concept+ as well as Concept+2.0. Results have clearly illustrated the success of this approach in Concept+, leading to successful execution of various small and marginal fields as well as capturing the best practices and lesson learnt to be emulated. This paper reviews the above-mentioned applications and highlights the seamless integration of the efforts of various departments and multi-disciplinary teams.


Author(s):  
Chris Waldhelm ◽  
Peter Baron

Application of gas turbines in the off-shore oil and gas market has been successful for many years, utilizing both industrial gas turbines, as well as, aeroderivative types. Today, many operators in this market are pursuing the use of converted oil tankers and purpose-built barges — called Floating Production Storage and Off-Loading vessels (FPSO) — and semi-submersible or tension-leg platforms as alternative means of drilling for and production of oil and gas in much deeper waters than before, gaining flexibility of operation and reduced overall costs. Due to the special requirements of extreme conditions experienced on board a FPSO vessel, each application involves a considerable amount of pre-design to determine the gas turbine package required capability to satisfy needed reliability. Additionally, international and local maritime regulatory bodies and classification societies concurrence/approval generally are required to authorize vessel operation. The intent of the “Code of Construction and Equipment of Offshore Drilling Units” is to recommend design criteria, construction standards, and other safety measures in order to minimize risk to the vessels, platforms, personnel and to the environment. To incorporate these requirements into a standardized cost effective gas turbine system, this paper outlines the design features of such a package for installation on FPSO vessels.


2020 ◽  
Vol 20 (1) ◽  
Author(s):  
Amit K. Pahwa ◽  
Kevin Eaton ◽  
Ariella Apfel ◽  
Amanda Bertram ◽  
Rebecca Ridell ◽  
...  

Abstract Background With almost 20% unnecessary spending on healthcare, there has been increasing interest in high value care defined as the best care for the patient, with the optimal result for the circumstances, delivered at the right price. The American Association of Medical Colleges recommend that medical students are proficient in concepts of cost-effective clinical practice by graduation, thus leading to curricula on high value care. However little is published on the effectiveness of these curricula on medical students’ ability to practice high value care. Methods In addition to the standard curriculum, the intervention group received two classroom sessions and three virtual patients focused on the concepts of high value care. The primary outcome was number of tests and charges for tests on standardized patients. Results 136 students enrolled in the Core Clerkship in Internal Medicine and 70 completed the high value care curriculum. There were no significant differences in ordering of appropriate tests (3.1 vs. 3.2 tests/students, p = 0.55) and inappropriate tests (1.8 vs. 2.2, p = 0.13) between the intervention and control. Students in the intervention group had significantly lower median Medicare charges ($287.59 vs. $500.86, p = 0.04) and felt their education in high value care was appropriate (81% vs. 56%, p = 0.02). Conclusions This is the first study to describe the impact of a high value care curriculum on medical students’ ordering practices. While number of inappropriate tests was not significantly different, students in the intervention group refrained from ordering expensive tests.


2016 ◽  
Vol 56 (1) ◽  
pp. 515
Author(s):  
Ross Evans ◽  
David Close ◽  
Brenton Richards ◽  
Rachael Ilett

Low oil prices through 2015 challenged oil and gas operators to cut costs and minimise expenditure to survive the long cold winter of low pricing. Oil production decreased more than 10%—relative to 2014—to 128 mmboe for 2015. In 2015, natural gas production of 2,611 PJ was relatively consistent with 2014 production, with the exception of the Bowen and Surat basins, where production more than doubled to over 630 PJ. The primary driver for the increased Bowen and Surat basin output was the first full year of operation of QCLNG and, to a lesser extent, the startup of GLNG in the fourth quarter of 2015. The start-up of two major LNG operations in Queensland, followed by a third (APLNG) within the first weeks of 2016, is a transformational event for the eastern Australian gas market. As each of the projects has commenced exports during an extremely long—and therefore low-price—LNG market, there is intense market pressure on these projects to improve profitability through efficiency improvements and cost reductions. In contrast to Australia’s other LNG exporters, which are all fed by offshore conventional fields with relatively few wells, the Queensland projects have the opportunity to benefit from constant improvements to upstream operations as they continue to drill hundreds of wells to sustain the LNG operations. North American operators have continuously improved during the past decade of unconventional gas development and this provides a proof of concept that is encouraging for Australia’s aspirants. Effective cost reductions have already been announced by operators in Queensland; maintaining these reductions as the market improves will be critical to the success of the Queensland CSG to LNG projects, and expanding efficient and cost-effective operations to other onshore basins provides an opportunity for the Australian industry-at-large.


2020 ◽  
Author(s):  
Amit K Pahwa ◽  
Kevin Eaton ◽  
Ariella Apfel ◽  
Amanda Bertram ◽  
Rebecca Ridell ◽  
...  

Abstract Background: With almost 20% unnecessary spending on healthcare, there has been increasing interest in high value care defined as the best care for the patient, with the optimal result for the circumstances, delivered at the right price. The American Association of Medical Colleges recommend that medical students are proficient in concepts of cost-effective clinical practice by graduation, thus leading to curricula on high value care. However little is published on the effectiveness of these curricula on medical students’ ability to practice high value care.Methods: In addition to the standard curriculum, the intervention group received two classroom sessions and three virtual patients focused on the concepts of high value care. The primary outcome was number of tests and charges for tests on standardized patients.Results: 136 students enrolled in the Core Clerkship in Internal Medicine and 70 completed the high value care curriculum. There were no significant differences in ordering of appropriate tests (3.1 vs. 3.2 tests/students, p = 0.55) and inappropriate tests (1.8 vs. 2.2, p = 0.13) between the intervention and control. Students in the intervention group had significantly lower median Medicare charges ($287.59 vs. $500.86, p = 0.04) and felt their education in high value care was appropriate (81% vs. 56%, p = 0.02).Conclusions: This is the first study to describe the impact of a high value care curriculum on medical students’ ordering practices. While number of inappropriate tests was not significantly different, students in the intervention group refrained from ordering expensive tests.


2019 ◽  
Vol 42 ◽  
Author(s):  
Guido Gainotti

Abstract The target article carefully describes the memory system, centered on the temporal lobe that builds specific memory traces. It does not, however, mention the laterality effects that exist within this system. This commentary briefly surveys evidence showing that clear asymmetries exist within the temporal lobe structures subserving the core system and that the right temporal structures mainly underpin face familiarity feelings.


Jurnal Hukum ◽  
2016 ◽  
Vol 31 (2) ◽  
pp. 1833
Author(s):  
Rihantoro Bayu Aji

 AbstractActually the existence of foreign investment in Indonesia is not new phenomenon, due to foreign investment exist since colonialism era.The existence of foreign investment is still continuing to Soeharto era until reformation era. Spirit of foreign investment in colonialism era, Soharto era, and reformation era are different. Foreign investment in colonialsm era just explore of nation asset and ignore of nation welfare, and this matter is different from the character of foreign investment in Soeharto era also reformation era. Eventhough the involvement of foreign investor have any benefits to the host country, but on the other hand foreign investment have business oriented only whether the investment is secure and may result of profit. Refer to The Law Number 25 Year of 2007 Concerning Investment (hereinafter called UUPM) can not be separated from various interest that become of politic background of the law, even the law tend to liberalism of investment. Liberalism in the investment sector particularly of foreign investment basically exist far from issuing of UUPM, and the spirit of liberalism also stipulate in several rules among others The Law Number 5 Year of 1999 Concerning Prohibitation of Anti Trust and Unfair Competition, The Law Number 22 Year of 2001 Concerning Oil and Gas, The Law Number 7 Year of 2004 Concerning Water Resource, and also The Law Number 30 Year of 2009 Concerning Electricity.   Many rules as mentioned above has liberalism character and also indicator opposite wit the right to manage of the state to nation asset that relate to public interest as stipulated in the Indonesia Constitution. Actually the issuing of UUPM in case of implementation of article 33 Indonesia Constitution (UUD NRI 1945). Due to opportunity by Government to foreign investment as stipulate by article 12 UUPM and also the existence of many rules as well as The Law Number 5 Year of 1999 Concerning Prohibitation of Anti Trust and Unfair Competition, The Law Number 22 Year of 2001 Concerning Oil and Gas, The Law Number 7 Year of 2004 Concerning Water Resource, and also The Law Number 30 Year of 2009 Concerning Electricity, so the foreign investment that relate to public service is more exist in Indonesia. The existence is reflected many foreign companies. Free of foreign investment relate to public service is opposite with spirit of article 33 Indonesia Constitution. Keywords: Foreign Investment, Right of  State, Article 33 Indonesia Consitution AbstrakEksistensi penanaman modal asing (investasi asing) di Indonesia sebenarnya bukan merupakan fenomena baru di Indonesia, mengingat modal asing telah hadir di Indonesia sejak zaman kolonial dahulu.   Eksistensi penanaman modal asing terus berlanjut pada era orde baru sampai dengan era reformasi. Tentunya semangat penanaman modal asing pada saat era kolonial, era orde baru, dan era reformasi adalah berbeda. Penanaman modal asing pada saat era kolonial memiliki karakter eksploitatif atas aset bangsa dan mengabaikan kesejahteraan rakyat, hal ini tentunya berbeda dengan karakter penanaman modal asing pada era orde baru, dan era reformasi. Sekalipun kehadiran investor membawa manfaat bagi negara penerima modal, di sisi lain investor yang hendak menanamkan modalnya juga tidak lepas dari orientasi bisnis (oriented business), apakah modal yang diinvestasikan aman dan bisa menghasilkan keuntungan. Melihat eksistensi Undang–Undang Nomor 25 Tahun 2007 tentang Penanaman Modal (UUPM) tidak dapat dilepaskan dari beragam kepentingan yang mendasari untuk diterbitkannya undang–undang tersebut, bahkan terdapat kecenderungan semangat dari UUPM lebih cenderung kepada liberalisasi investasi. Liberalisasi pada sektor investasi khususnya investasi asing pada dasarnya eksis jauh sebelum lahirnya UUPM ternyata juga tampak secara tersirat dalam beberapa peraturan perundang–undangan di Indonesia. Perundang–undangan tersebut antara lain Undang–Undang Nomor 5 Tahun 1999 tentang Larangan Praktek Monopoli dan Persaingan Usaha Tidak Sehat, Undang–Undang Nomor 22 Tahun 2001 tentang Minyak Dan Gas Bumi, Undang–Undang Nomor 7 Tahun 2004 tentang Sumber Daya Air, dan Undang–Undang Nomor 30 Tahun 2009 tentang Ketenagalistrikan.Banyaknya peraturan perundang–undangan yang berkarakter liberal sebagaimana diuraikan di atas mengindikasikan bahwa hak menguasai negara atas aset bangsa yang berkaitan dengan hajat hidup orang banyak sebagaimana diamahkan oleh Undang–Undang Dasar 1945 (Konstitusi) mulai “dikebiri” dengan adanya undang–undang yang tidak selaras semangatnya. Padahal, UUPM diterbitkan dalam kerangka mengimplementasikan amanat Pasal 33 Undang–Undang Dasar Negara Republik Indonesia Tahun 1945 (UUD NRI 1945). Dengan adanya peluang yang diberikan oleh pemerintah kepada investor asing sebagaimana yang diatur dalam Pasal 12 UUPM ditambah lagi dengan adanya Undang–Undang Nomor 5 Tahun 1999 tentang Larangan Praktek Monopoli dan Persaingan Usaha Tidak Sehat, Undang–Undang Nomor 22 Tahun 2001 tentang Minyak Dan Gas Bumi, Undang–Undang Nomor 7 Tahun 2004 tentang Sumber Daya Air, dan Undang–Undang Nomor 30 Tahun 2009 tentang Ketenagalistrikan, maka investasi asing yang berhubungan dengan cabang– cabang yang menguasai hajat hidup orang banyak semakin eksis di Indonesia. Terbukanya investasi asing atas cabang–cabang produksi yang menguasai hajat hidup orang banyak tentunya hal ini bertentangan dengan konsep hak menguasai negara sebagaimana diatur dalam Pasal 33 UUD NRI 1945. Kata Kunci: Investasi Asing, Hak Menguasai Negara, Pasal 33 UUD NRI Tahun          1945


Author(s):  
Y. Anggoro

The Belida field is an offshore field located in Block B of Indonesia’s South Natuna Sea. This field was discovered in 1989. Both oil and gas bearing reservoirs are present in the Belida field in the Miocene Arang, Udang and Intra Barat Formations. Within the middle Arang Formation, there are three gas pay zones informally referred to as Beta, Gamma and Delta. These sand zones are thin pay zones which need to be carefully planned and economically exploited. Due to the nature of the reservoir, sand production is a challenge and requires downhole sand control. A key challenge for sand control equipment in this application is erosion resistance without inhibiting productivity as high gas rates and associated high flow velocity is expected from the zones, which is known to have caused sand control failure. To help achieve a cost-effective and easily planned deployment solution to produce hydrocarbons, a rigless deployment is the preferred method to deploy downhole sand control. PSD analysis from the reservoir zone suggested from ‘Industry Rules of Thumb’ a conventional gravel pack deployment as a means of downhole sand control. However, based on review of newer globally proven sand control technologies since adoption of these ‘Industry Rules of Thumb’, a cost-effective solution could be considered and implemented utilizing Ceramic Sand Screen technology. This paper will discuss the successful application at Block B, Natuna Sea using Ceramic Sand Screens as a rigless intervention solution addressing the erosion / hot spotting challenges in these high rate production zones. The erosion resistance of the Ceramic Sand Screen design allows a deployment methodology directly adjacent to the perforated interval to resist against premature loss of sand control. The robust ceramic screen design gave the flexibility required to develop a cost-effective lower completion deployment methodology both from a challenging make up in the well due to a restrictive lubricator length to the tractor conveyancing in the well to land out at the desired set depth covering the producing zone. The paper will overview the success of multi-service and product supply co-operation adopting technology enablers to challenge ‘Industry Rules of Thumb’ replaced by rigless reasoning as a standard well intervention downhole sand control solution where Medco E&P Natuna Ltd. (Medco E&P) faces sand control challenges in their high deviation, sidetracked well stock. The paper draws final attention to the hydrocarbon performance gain resulting due to the ability for choke free production to allow drawing down the well at higher rates than initially expected from this zone.


Author(s):  
Yochai Benkler ◽  
Robert Faris ◽  
Hal Roberts

This chapter focuses on the role of the dominant player in conservative media, Fox News, during the first year of Donald Trump’s presidency. It looks at three case studies to illustrate how Fox News used its position at the core of the right-wing media ecosystem repeatedly to mount propaganda attacks in support of Trump: the Michael Flynn firing in March 2017, when Fox adopted the “deep state” framing of the entire controversy; the James Comey firing and Robert Mueller appointment in May 2017; when Fox propagated the Seth Rich murder conspiracy; and in October and November, when the arrests of Paul Manafort and guilty plea of Flynn seemed to mark a new level of threat to the president, Fox reframed the Uranium One story as an attack on the integrity of the FBI and Justice Department officials in charge of the investigation.


2021 ◽  
Vol 11 (1) ◽  
pp. 1-7
Author(s):  
Katharina Pistor

Abstract In this brief introduction, I summarize the core themes of my book “The Code of Capital: How the Law Creates Wealth and Inequality”. Capital, I argue, is coded in law – predominantly in a handful of private law institutions. By relying on legal coding techniques, asset holders invoke the right to enforce claims against others, if necessary with the help of the state’s coercive power.


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