OPPORTUNTY REALIZATION SERVICES

Opportunity realization describes the process of bringing a new business opportunity from initial identification and assessment to final investment decision (FID), while ensuring value and return are optimized.

We create a roadmap of technical and commercial work items required to fully delineate an opportunity. We implement industry standard business planning processes. Our team will oversee the execution and completion of the work programmed from initiation to completion.

Opportunity realization Service will typically include:

   Assessment of the maturity of existing exploration and reservoir data
   Opportunity framing understanding key drivers and constraints, challenges and risks; working with stakeholders to define value drivers and critical success factors. Early identification of option screening criteria and setting basis for study
   Formulating a work-plan to mature the opportunity: the roadmap
   Creating a decision hierarchy for each key stage of development: the decision framework
   Managing and executing the work
   Distilling the results of the work into the decision framework
   Review of findings and planning next steps

Our breath of experience allows us to identify Project risks and opportunities through Project phases (Feasibility and Concept Select), duly capture and register, map and mitigate identified risks.

Goal: to increase the value of your asset during the maturation phase of a field development.

Typical Services Provided:

   Project Execution Plan
   Level 1 & 2 schedules
   Risk Management
   Value Management
   Subcontract management from pre-qualification to close-out including developing bid list, scope of work, bid evaluation and execution management
   Full Technical oversight