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Home » Competition among the major EPC firms is at an all-time high.

Competition among the major EPC firms is at an all-time high.

March 22, 2017

Managing a project in the oil and gas industry is risky and there are many implications and complex challenges involved. Since the oil and gas companies are now looking to exploit new challenging areas across the globe, the challenges involved including political and financial risks, has increased the need for efficient and thorough management of contracts. The uncertainly which governs contracts is one of the primary concerns for business leaders everywhere, and how to minimize this uncertainty for the success of a project is key. Even though uncertainty is the most important factor when planning and forecasting, it is arguably the most overlooked aspect of project management.

Global EPC Projects & Contract Management for Energy Sector 2017 will bring together the most prominent leaders from Global Energy Sector - EPC Contractors, Sub-Contractors & Original Equipment Manufacturers (OEMs), National & International Oil operators (NOCs & IOCs) and Electricity Power generators to build a platform for discussion about the main burning trends, exchange their opinions and build business relationships through well-organized networking. 

Speaker panel includes experts from:

  • Technip
  • EDF Energy
  • Saipem
  • ABB
  • Burmeister & Wain Scandinavian Contractor (BWSC)
  • McKinsey
  • Wartsila
  • GE Power
  • The International Association for Contract and Commercial Management (IACCM)
  • International Project Management Association (IPMA)
  • Carneades Project Services
  • Project Management Institute (PMI)

Topics to be addressed:

  • Adoption of new contracting models & corresponding EPC challenges
  • Significance of FEED estimation & planning
  • Regulating & avoiding Concurrent delays
  • OEM (Original Equipment Manufacturers) acting as EPC Contractor
  • Stakeholders involvement – how to negotiate EPC contracts among multiple parties
  • Future of EPC in Energy sector
  • Specifics of large infrastructure projects
  • Rise of renewables - EPC Challenges
  • Low Oil price scenario- strategic pathways
  • Key insurance issues in EPC: Knock-for-knock indemnity

Contact Person: David Schkade davids@prosperoevents.com 

Event website:  Global EPC Projects & Contract Management for Energy Sector 2017

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