lng congress hamburg 2016
TRANSCRIPT
International LNG Congress- Hamburg
Achieving Predictable Outcomes for Modular Construction on LNG Projects
John Jeffers Group Development Director
A world leaderFounded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's employees are proud to build what matters. Our teams provide EPC and EPCM services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.
2
3
Project Delivery Challenges
*Spotlight on oil and gas megaprojects report, EY 2014
64% 73%of megaprojects are facing cost overruns
of megaprojects are reporting schedule delays
Completion costs are regularly 59% higher than initial cost estimates, on average representing an incremental cost of USD500bn
4
LNG Project cost in Australia / PNG
Pluto LNG
Prelude LNG*
GLNG
PLNG
QCLNG
APLNG
Wheatstone
Ichthys
Gorgon LNG
0 5 10 15 20 25 30 35 40 45 50 55
Intial budget Overrun
•* Prelude LNG project has an initial budget of $12-13bn and a current forecast overrun of $1-2bn
Source: FT.com 30th October 2016
11
Achieving Predictable Outcomes
› Fully integrated project execution planning
› Experienced construction yard / Quality
› Single, integrated document management system
› Management of change
› Contract alignment - one team – one mission
12
Standardization
14
What Success Looks Like
› Improved strategic master planning with realistic & achievable schedules
› Single integrated document management system
› Reverse pass planning – systems commissioning to early design
› Greater collaboration between all stakeholders – think auto!