Eni's Goliat development represents much of what is both best and worst about offshore megaprojects - a technological marvel but with giant-sized budget and schedule challenges. The industry is acutely aware of the challenges faced by operators undertaking so-called megaprojects. With many blighted in past years by well-publicized soaring costs and schedule overruns, the offshore sector today is still painfully going through the brutal process of addressing those issues and their causes so it can eventually pick up the pace of exploration and development once more.
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