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2nd People and Offshore Engineering Data

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Tuesday, December 9, 2014

Video Presentation

How to reduce lifecycle information (LCI) costs and improve quality at the same time
David Cameron

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Talk Description
- Benefits of integrating LCI computer systems with the rest of the company's information systems
- How better LCI can help improve cost predictability of capital projects

Lifecycle information management costs have been identified as a major cost driver in offshore developments on the Norwegian Continental Shelf. These costs must come down, but does this mean less LCI, or better LCI? Modest investments in integration of LCI with enterprise IT and operational IT can produce better predictability in capital projects and modifications and allow optimization of production, maintenance and logistics. LCI should be managed together with the rest of the company’s information assets and be part of a coherent information architecture.

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Multiple - Panel Discussion

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