Concept Engineering

We determine the application of new, or existing, technology which is especially critical for deepwater developments and harsh environments. We consider reservoir and site-specific factors when selecting the most suitable technology, and ultimately cost, benefit and risk determine user acceptance. Operators are often best served by working with contractors in joint industry projects or funding technology-specific studies very early in field development planning.

Concept rationalization is a circular process of many iterations, gradually converging into the answer, where we identify and develop ideas, analyze and screen options and alternatives, assess conflicts and risks to demonstrate benefits and justify our approach. We review safety, technical, commercial, environmental and operational considerations and evaluate business risk. We define a sourcing, execution and contracting strategy for each alternative, with scope definition to determine critical path, long lead items, marine spread utilization and completion date. It is imperative to understand the constructability, cost and schedule of each option, as the CAPEX/OPEX tradeoff is an important consideration for a project’s operating costs, from concept to decommissioning.