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AVEVA World Conference NA - Jim Purvis, WorleyParsons

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This presentation explores how WorleyParsons focuses on asset optimization through building and leveraging operational data environments and capturing business value from emergent technologies.

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AVEVA World Conference NA - Jim Purvis, WorleyParsons

  1. 1. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Presentation Summary This presentation explores how WorleyParsons focuses on asset optimization through building and leveraging operational data environments and capturing business value from emergent technologies.
  2. 2. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Houston, TX February 13, 2018 Jim Purvis, Director-Digital Enterprise Changing the EPC value equation in materials & contract management
  3. 3. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Industry Context  Our clients are operating in a difficult environment  Productivity growth in hydrocarbons & resources significantly trails manufacturing  Increasing project delivery complexity  Reducing underlying cost by doing things the same way
  4. 4. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Digital Enterprise Team: Harnessing the power of data to drive innovation and manage business risks CEOs are seeking to better measure the impact and value of innovation and key risks for stakeholders. Companies are addressing these challenges through a greater focus on data and technology to gain better insight… Source: PWC 19th Annual Global CEO Survey / January 2016
  5. 5. EPC’s have had a tough time recently, but the pause can allow intractable challenges to be addressed  Key challenges to address during the ‘pause’:  Project cost growth  Productivity erosion
  6. 6. The time is now to address these key challenges; soon commercial drivers will move from cost back to schedule Source: BP 2017 Energy Outlook Key challenges we set ourselves: Significantly move the delivery cost needle lower Aggressively digitise the delivery process
  7. 7. Better efficiency and outcome certainty in an increasingly complex project environment Moore and more:  Number of transistors in a dense integrated circuit doubles approximately every two years How???  Simulation and Modeling for Operational Efficiency  Design Automation and Optimisation for Cost and Schedule  Design drives precision factory Manufacturing and Assembly First transistor Today: 5.6 Billion Transistors* • Designed by software • Design and manufacturing coordination • 1,000s manufactured per hour * Intel Xeon 18, Core Haswell-E
  8. 8. WorleyParsons got unexpectedly good results by applying this philosophy on a mega-project 1. Advanced materials management 2. Simulation and design drives assembly
  9. 9. Digitization payback was immediate Results Cable tray access efficiency 630% increase Previous record 36,000m 14 week average 54,000m New Record 93,000m
  10. 10. Key objectives for 2018 will be realized through CM and supply chain implementations Contractor management Materials management  Harmonize with client systems  Reduce manual processes, move away from CAMS  Reduce cost:  Increase communication and knowledge flow with sub- contractors (2-way cost reduction)  Save man-hours on process  Better interoperability  Electronic communications audit trail improves Claims defense capabilities  Planning, not reacting culture  Better user productivity than SPM  Ability to create material scenarios for construction  Interoperability (particularly with Requis)  Integrate into client supply chain (e.g. Vantage track & trace)
  11. 11. ProCon will give us an opportunity to add depth and professionalism to our stakeholder relationships EARLY WARNING INDICATORS CLAIMS PAYMENT VERIFICATION CONTRACT AUDITABILITY CHANGE CONTROL ONLINE TENDERING OBLIGATIONS CONTRACT MANAGEMENT CHALLENGES? EFFECTIVE CHANGE CONTROL MITIGATE CONTRACTOR CLAIMS ENHANCED FINANCIAL CONTROL BEST PRACTICE GOVERNANCE IMPROVED CONTRACT DELIVERY Our aspirations:  Reduction in pre-award engineer hours: 10%  Reduction in contract admin hours post award: 20%  25% legal hours reduction during execution phase  0.5% TIC savings to asset developer  Transparency that builds trust
  12. 12. Managing change, planning the plan emulates capability that has been proven successful in manufacturing ERM’s Promise:  Materials management + integrated construction management module  4D visualization, simulation  Impact visibility right through to workpacks  Intuitive UI makes adoption easier  Better interoperability & data entry productivity  Strategic relationship ERM’s Outcome:  Get specs out 30% faster on a project  Replace reports with live information  .NET UI – reduced training time by 50%  1,500 users in 2018  33% savings to construction schedule (Fiatech) through advanced work packaging
  13. 13. ERM helps us liberate free cash at the end of the project
  14. 14. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Contact Jim Purvis Director, Digital Enterprise North America at Advisian E jim.purvis@advisian.com

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