Asset Management
In an increasingly competitive environment, the basic principles of good Asset Management (maximise revenue and minimise expenditure) are ever more relevant. Using our Parent Company's technical expertise and combining this with the business expertise of IDEAS, our understanding of Asset Management is unsurpassed. Combine this with our asset optimisation tools and we are in a unique position to provide the skills and knowledge to maintain, improve and optimise the business.
   
IDEAS Asset Management Model
Major Oil Company Operating Expenditure
IDEAS was tasked with the challenge of minimising an operators' unit technical costs (UTC). IDEAS facilitated workshops to identify potential OPEX reduction opportunities. Cost/benefit analysis was performed and the options ranked and screened against pre-defined criteria. The findings were reviewed by senior management and currently the operator is considering implementing a number of the initiatives.
Major Oil Company Demanning Review
A North Sea operator commissioned a review of the technical and commercial flexibility of a Southern North sea complex. IDEAS provided input to areas such as process simplification, production philosophy, manning levels, safety aspects, availability, engineering costs and schedule.