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BEST PRACTICES
IOGP JIP33 - Standardization
of procurement equipment
and materials specifications
A step-change in cost Dario Lo Monaco, Head of Procurement inefficient practices. Time and cost reduc-
tion are major challenges facing the oil and
for E&C Onshore Division, Milan Hub, and
and schedule optimization Focal Point for IOGP JIP33 in Saipem as gas industry that are even more urgent
EPC Partner,
and necessary today.
in the Oil&Gas industry Giorgio Bonasio, Mechanical Equipment Time and cost reduction
Process Packages, Business Unit Engine-
ering & Construction,
Saipem are major challenges
“facing the oil and gas
industry that are
etween 2010-2014, 75% of
large E&P projects exceeded even more urgent and
budget by 50% on average. necessary today
50% of projects exceeded
schedule by almost 40%.
BApproximately 70% of indu- As a result much effort has been spent
stry-wide capex escalation comes from analyzing major opportunities for reduc-
28 Impiantistica Italiana - Marzo-Aprile 2021
