For a number of years now the Upstream/Midstream Oil and Gas sector has been one of the, if not the, most active sectors for overall capital project spending. The drive to maintain and grow proven oil and gas reserves jointly with the development of new drilling and production technologies is transforming and reshaping the industry. Exploration and production capital budgets for most Oil and Gas companies are at unprecedented levels. On-shore and off-shore production as well as pipeline projects are more technologically complex, are in more geographically remote locations and are heavily impacted by the world wide labor shortage for qualified craft labor and experienced engineering resources.
Capital Project Impact:
The Upstream and Midstream project environments have extensive planning and execution challenges and vulnerabilities as outlined above. Projects today are measured in billions of dollars and millions of engineering and construction man-hours. Most of these projects also have major local content and/or a local government involvement component which adds to the complexity. Environmental issues/concerns are first page news everyday around the globe. The need for extensive project planning and project assurance reviews has never been more important. Senior level, experienced project management specialists are also stretched thin which results in fierce competition for these resources to lead these mega projects.
Canadian Natural Resources International
Canadian Natural Resources Limited
El Paso Energy
Imperial Oil Canada
Marathon Oil Company
Marathon Petroleum Corporation
Pacific Rubiales Energy
Petroleos de Venezuela, S.A.
Pioneer Natural Resources
Shell Exploration and Production
Suncor Energy Services Inc.
West African Gas Pipeline
Pathfinder has provided Oil and Gas Upstream/Midstream owner organizations with a multitude of project and organizational support services. From hands on planning and control support, through contract strategy development and administration, to independent project assurance reviews, Pathfinder has helped international oil and gas companies navigate the ever-changing project environment. In recognition of the extraordinary engineering, construction and project management labor shortage, Pathfinder has also worked with many owner and contractor organizations to “re tool” the labor force for addressing the current and future needs of capital project planning and execution requirements.
American Institute of Chemical Engineers (AIChE)
Association for the Advancement of Cost Engineering (AACEI)
Construction Industry Institute (CII)
Construction Owners Association of Alberta (COAA)
Construction Users Roundtable (CURT)
Engineering and Construction Contracting Association (ECC)