Optimal Supply Chain Management in Oil, Gas, and Power Generation

xxviii, 289 pp. Several dozen figures and tables throughout text. Large-scale capital and operating expenditure decisions can make or break the financial performance of oil, gas, and power companies. In this book I provide a toolbox of industry-specific capital project and risk management decision analysis tools, and demonstrate how companies successfully apply them, using a wealth of examples. Part I explains how to improve reliability, raise productivity, lower purchase cost, lower operating cost, and lower working capital requirements. It covers Capital expenditure (CapEx) project supply chain risk mitigation: principles and methods, Engineering and procurement of equipment and services for minimum cost and risk, Operations and maintenance cost(OpEx) reduction: principles and methods, and Operational safety and environmental risk management: principles and methods. Part II provides tailors the techniques and toolbox 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 financial officers; engineers; vice presidents of supply chain, operations, or production; and directors and managers of procurement, purchasing, operations, or materials management.