The presentation discusses how WorleyParsons aims to optimize asset management by utilizing operational data environments and emerging technologies amidst challenges in the hydrocarbons sector. It outlines key objectives for 2018, focusing on reducing delivery costs and improving efficiency through better data management and contractor relationships. Additionally, the document emphasizes the importance of digital transformation in improving project outcomes and delivering value to stakeholders.

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. © 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. © 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. © 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. 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. 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. 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. WorleyParsons got unexpectedly good results by applying this
philosophy on a mega-project
1. Advanced
materials
management
2. Simulation
and design
drives
assembly

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. 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. 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. 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. ERM helps us liberate free cash at the end of the project

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