Contracting and Procurement

Contracting & Procurement
11 Mar 2017
(7 votes)

Contracting & Procurement

Contracting and Procurement (C&P) Strategy is a critically important element of Front End Development. To support optimum replication and standardisation and across the entire Capital Projects, the C&P Strategy development process has been moved to earlier stages, pre-FEL2 Phase, in the NAPTA’s PDP®. With this shift in the C&P activities alongside the project life cycle and by using a rigid structure, it helps achieve earlier convergence between Upstream Wells & Projects Development, Delivery and C&P community by leveraging standard technical and supply chain solutions. The NAPTA’s C&P Strategy supports optimised delivery of fit-for-purpose facilities that meet business requirements through:-

  • Improved early understanding of the size, type and cost of the new facilities required by the business
  • Informed decisions based on existing replicable design and supply chain solutions
  • Improved alignment amongst the Project Team, Business and Operator / Location on the project scope and its split into a number of contracting packages through a cost-benefit dialogue with a focus on Project Execution Phase (CAPEX), but also importantly on lifecycle cost, in relation to major hardware decisions, as well as services to be provided by execution contractors
  • Improved focus on Non-Technical Risks (NTR) and good understanding of relevant trade-offs
  • Optimised and timelier C&P discipline involvement into project execution planning to facilitate better integration of the project schedule
  • Reduction of learning curves and other cost and schedule benefits, pre- and post-FID via adoption of standardised and replicable design and supply chain solutions

All of the above should result in a shorter time to FID and better quality execution strategies overall.

For more information please contact NAPTA International B.V.

Read 812 times Last modified on Wednesday, 19 April 2017 12:25

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