Courses

Why do so many large oil and gas projects end up over budget or behind schedule, and what can the owner's team do to prevent it? In this advanced course, you follow the Maré Alta project, the fictitious development of a deepwater field, from opportunity to first oil: the phased life cycle and stage-gate decisions, the final investment decision (FID) and governance aligned with ISO 21502; concept selection between an FPSO, a tie-back and a fixed platform, with a weighted matrix and value engineering; front-end engineering design (FEED), the basis of design and readiness for FID; AACE 18R-97 estimate classes, risk-based contingency and the baseline schedule; the contracting strategy, interfaces, fabrication, installation and local content; control with earned value, change management and progress reporting; and commissioning, startup, operational readiness and lessons learned. Includes downloadable spreadsheets and templates. All figures are illustrative. Aligned with ISO 21502:2020 and AACE International RP 18R-97. The course is delivered in Portuguese.

What you will learn

• Describe the phases of a capital project, stage-gate decisions, the FID and the roles of the operator, the partners and the contractors.
• Compare development concepts using technical, economic, risk and environmental and social criteria, with a weighted matrix and value engineering.
• Identify the deliverables of front-end engineering design (FEED) and assess readiness for the final investment decision.
• Classify estimates according to AACE 18R-97, set risk-based contingency and build a baseline schedule.
• In a scenario, choose the contracting and execution strategy, including interfaces, fabrication, installation and local content.
• Control cost and schedule with the earned value method, change management and control of contingency and risks.
• Plan the transition from construction to operation and turn lessons learned into improvements.

Modules

1. Life cycle and investment decisions83 min
2. Concept selection83 min
3. FEED and project definition83 min
4. Cost and schedule estimates84 min
5. Contracting and execution strategy85 min
6. Project control83 min
7. Commissioning, startup and lessons learned84 min

Who it is for

Professionals and candidates for the oil sector, and suppliers