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IPA Newsletter December 2020 (Volume 12, Issue 4)

In this issue:

IPA Unveils Tools for Improving the Carbon Competitiveness of Capital Projects
Decarbonization projects struggle to find the right balance between lower carbon intensity and project costs, due to the lack of standardized tools rooted in real project outcome data. IPA addressed this gap by forming a Joint Industry Carbon Working Group to develop new metrics and tools to aid in delivering low-carbon capital projects that are cost competitive. The new metrics and tools are available to upstream oil and gas project teams now, and will soon be available to other sectors in the near future.

Digitalization: New OIIE Capital Project Working Group Launches
IPA and MIMOSA have teamed up to launch the Open Industrial Interoperability Ecosystem (OIIE) Capital Project Working Group. The goal of the digitalization initiative is to accelerate the delivery of vendor neutral digital standards for capital project applications. Read more about the inaugural meeting and learn how you can get involved.

New UIBC Research, Forum Presentations Reach Larger Audiences
Upstream Industry Benchmarking Consortium (UIBC) 2020 meetings were facilitated virtually over a series of webinars from late October to mid-December, enabling expanded participation from member companies. This article summarizes the 2020 meetings and the new research topics presented this year.

Middle East Capital Projects Struggle With Execution Schedule Performance
Capital projects in the Middle East have struggled to set realistic, or achievable, execution schedule targets for many years. IPA Director of Middle East Development Rolando Gächter explains why and offers some key opportunity areas for improvement for projects in the region.

Are Site-Based Projects in Latin America More Difficult Than in Other Regions?
Is it really more difficult to deliver cost and schedule competitive site and sustaining capital projects in Latin America? IPA Associate Project Analyst Michele Adamoski Feres recently looked at regional capital project data and practices followed by site-based owner teams to find out.

Also in this issue:

  • Case Study: Establishing and Improving the Stage-Gated Process
  • IPA Capital Projects Experts Featured in Industry Publications
  • On-Demand Webinars
  • IPA Institute 2021 Virtual Courses
  • IPA Events & Presentations

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