Page 28 - Gi flipbook September 2018
P. 28
STAYING
THE COURSE
Project execution in the oil and gas sector or decades, projects in the
is complex and involves many different oil and gas sector have
stakeholders, products and suppliers been done in the same
who are widely dispersed geographically. way. Those involving
It is little wonder then that 64 per cent F controller-centric input/
output (I/O) solutions, for example,
of projects run over budget and 73 per have relied on the software and
cent finish late. The good news is that new hardware tasks happening sequentially,
technologies are rapidly changing this for the better, with each stage depending on the
completion of the last. This serial
says Nathan Tungseth, Global Product Group Manager approach is unforgiving of changes
for Onshore Oil & Gas with ABB as these disrupt the process,
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