Deepwater development cost: How is it coming down?
Jul 25: Deepwater development costs have gone down dramatically over the last two years 8Different cost elements were economized in different projects 8Earlier contractor or consultant involvement -- at the concept and pre-FEED level in bringing down budgets, and that seems to be of big help The other components which were targeted were: 8Field architecture 8Concept optimization 8Sourcing and specifications 8Local content 8SPS interface 8Scope changes, among others Click on Reports for more