Webinar: The State of Contracting in E&P

Owner companies around the world are struggling to get their major projects contracted using our traditional EPC-lump-sum wrap arrangements. The number of bidders is thin and the winning contractor bids are higher than seems reasonable. This squeezes margins on projects that in many cases are already stressed. The question addressed here is Why? Markets are not overheated; indeed, the level of activity in the markets is cool-to-moderate in most parts of the world. We address the conditions that have created this market and then address what works and what definitely does not work to substitute for traditional contracting approaches.

This presentation was first delivered in-person at the Upstream Industry Benchmarking Consortium (UIBC) annual meeting that took place on November 18-20, 2024, in Tysons Corner, Virginia.

We will record the webinar and provide the recording and a copy of the presentation material to everyone who has registered. Please note, participants need to register in advance to access a link to join the webinar and receive the material.

Speaker

Ed Merrow
IPA CEO
Ed Merrow, Founder and CEO of IPA, is a leading authority on the development and execution of large and complex projects. His knowledge of how to develop more effective capital projects is sought out by Fortune 500 company executives and project professionals worldwide.