Bringing Upstream Projects to Final Investment Decision

摘要

Since the 2014 oil price collapse, the Oil and Gas industry has sought to reduce project development costsrnto align with a "lower for longer" commodity price scenario. Operators have struggled with limited budgetsrnand cash flow, yet understand that to preserve their portfolio value, they will need to progress developmentsrnto Final Investment Decision (FID). In a capital constrained and cost-focused environment, operatorsrnand service providers are taking new approaches to project designs, commercial models, partnershiprnopportunities and capital sources in order to jump start project developments.