Large-scale capital and operating expenditure decisions can make orbreak the financial performance of oil, gas, and power companies. In this bookI provide a toolbox of industry-specific capital project and risk managementdecision analysis tools, and demonstrate how companies successfully apply them,using a wealth of examples. Part I explains how to improve reliability, raiseproductivity, lower purchase cost, lower operating cost, and lower workingcapital requirements. It covers Capital expenditure (CapEx) projectsupply chain risk mitigation: principles and methods, Engineering and procurement ofequipment and services for minimum cost and risk, Operations and maintenance cost(OpEx) reduction: principles and methods, and Operational safety andenvironmental risk management: principles and methods. Part II provides tailors the techniques andtoolbox to the specific needs of upstream oil & gas, midstream hydrocarbon transport, downstream oil & gas, and the power industry. The book is a resource for chief operating officers; chief financialofficers; engineers; vice presidents of supply chain, operations, orproduction; and directors and managers of procurement, purchasing, operations,or materials management.
