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Offshore Project Time and Cost Compression: Observations from Topsides Conference

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Last week's Topsides conference in Galveston fostered discussion on a wide range of valuable "project supply chain" optimization ideas and case studies. Some observations from my supply chain perspective:

It is refreshing to see that the number and value of standardization initiatives is gaining ground. Modular design of vessels, platforms, and production systems is significantly compressing project timetables and yielding large cost benefits.

Innovative work vessel design is helping to reduce transit time and maintenance costs by allowing unconventional transportation options and in-situ installation and maintenance directly in deep water.

Material and technology substitution is always being improved, for example aluminum platforms, decks, and more.


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