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© 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved.
Presentation Summary
This presentation explores how WorleyParsons
focuses on asset optimization through building
and leveraging operational data environments
and capturing business value from emergent
technologies.
© 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved.
Houston, TX
February 13, 2018
Jim Purvis, Director-Digital Enterprise
Changing the EPC value
equation in materials &
contract management
© 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved.
Industry Context
 Our clients are operating in a difficult environment
 Productivity growth in hydrocarbons & resources significantly trails
manufacturing
 Increasing project delivery complexity
 Reducing underlying cost by doing
things the same way
© 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved.
Digital Enterprise Team:
Harnessing the power of
data to drive innovation and
manage business risks
CEOs are seeking to better measure the impact and value of
innovation and key risks for stakeholders.
Companies are addressing these challenges through a greater
focus on data and technology to gain better insight…
Source: PWC 19th Annual Global CEO Survey / January 2016
EPC’s have had a tough time recently, but the pause can allow
intractable challenges to be addressed
 Key challenges to address during the ‘pause’:
 Project cost growth
 Productivity erosion
The time is now to address these key challenges; soon
commercial drivers will move from cost back to schedule
Source: BP 2017 Energy Outlook
Key challenges
we set
ourselves:
Significantly
move the
delivery cost
needle lower
Aggressively
digitise the
delivery
process
Better efficiency and outcome certainty in an increasingly
complex project environment
Moore and more:
 Number of transistors in
a dense integrated
circuit doubles
approximately every two
years
How???
 Simulation and Modeling for
Operational Efficiency
 Design Automation and
Optimisation for Cost and Schedule
 Design drives precision factory
Manufacturing and Assembly
First transistor Today: 5.6 Billion Transistors*
• Designed by software
• Design and manufacturing coordination
• 1,000s manufactured per hour
* Intel Xeon 18, Core Haswell-E
WorleyParsons got unexpectedly good results by applying this
philosophy on a mega-project
1. Advanced
materials
management
2. Simulation
and design
drives
assembly
Digitization payback was immediate
Results
Cable tray access
efficiency
630%
increase
Previous record 36,000m
14 week average 54,000m
New Record 93,000m
Key objectives for 2018 will be realized through CM and
supply chain implementations
Contractor
management
Materials
management
 Harmonize with client systems
 Reduce manual processes, move away from CAMS
 Reduce cost:
 Increase communication and knowledge flow with sub-
contractors (2-way cost reduction)
 Save man-hours on process
 Better interoperability
 Electronic communications audit trail improves Claims
defense capabilities
 Planning, not reacting culture
 Better user productivity than SPM
 Ability to create material scenarios for construction
 Interoperability (particularly with Requis)
 Integrate into client supply chain (e.g. Vantage track & trace)
ProCon will give us an opportunity to add depth and
professionalism to our stakeholder relationships
EARLY WARNING INDICATORS
CLAIMS
PAYMENT VERIFICATION
CONTRACT AUDITABILITY
CHANGE CONTROL
ONLINE TENDERING
OBLIGATIONS
CONTRACT MANAGEMENT CHALLENGES?
EFFECTIVE
CHANGE CONTROL
MITIGATE
CONTRACTOR CLAIMS
ENHANCED
FINANCIAL CONTROL
BEST PRACTICE
GOVERNANCE
IMPROVED
CONTRACT DELIVERY
Our aspirations:
 Reduction in pre-award engineer hours: 10%
 Reduction in contract admin hours post award: 20%
 25% legal hours reduction during execution phase
 0.5% TIC savings to asset developer
 Transparency that builds trust
Managing change, planning the plan emulates capability that
has been proven successful in manufacturing
ERM’s Promise:
 Materials management +
integrated construction
management module
 4D visualization,
simulation
 Impact visibility right
through to workpacks
 Intuitive UI makes
adoption easier
 Better interoperability &
data entry productivity
 Strategic relationship
ERM’s Outcome:
 Get specs out 30%
faster on a project
 Replace reports with live
information
 .NET UI – reduced
training time by 50%
 1,500 users in 2018
 33% savings to
construction schedule
(Fiatech) through
advanced work
packaging
ERM helps us liberate free cash at the end of the project
© 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved.
Contact
Jim Purvis
Director, Digital Enterprise
North America at Advisian
E jim.purvis@advisian.com

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WorleyParsons Asset Optimization with Emerging Technologies

  • 1. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Presentation Summary This presentation explores how WorleyParsons focuses on asset optimization through building and leveraging operational data environments and capturing business value from emergent technologies.
  • 2. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Houston, TX February 13, 2018 Jim Purvis, Director-Digital Enterprise Changing the EPC value equation in materials & contract management
  • 3. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Industry Context  Our clients are operating in a difficult environment  Productivity growth in hydrocarbons & resources significantly trails manufacturing  Increasing project delivery complexity  Reducing underlying cost by doing things the same way
  • 4. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Digital Enterprise Team: Harnessing the power of data to drive innovation and manage business risks CEOs are seeking to better measure the impact and value of innovation and key risks for stakeholders. Companies are addressing these challenges through a greater focus on data and technology to gain better insight… Source: PWC 19th Annual Global CEO Survey / January 2016
  • 5. EPC’s have had a tough time recently, but the pause can allow intractable challenges to be addressed  Key challenges to address during the ‘pause’:  Project cost growth  Productivity erosion
  • 6. The time is now to address these key challenges; soon commercial drivers will move from cost back to schedule Source: BP 2017 Energy Outlook Key challenges we set ourselves: Significantly move the delivery cost needle lower Aggressively digitise the delivery process
  • 7. Better efficiency and outcome certainty in an increasingly complex project environment Moore and more:  Number of transistors in a dense integrated circuit doubles approximately every two years How???  Simulation and Modeling for Operational Efficiency  Design Automation and Optimisation for Cost and Schedule  Design drives precision factory Manufacturing and Assembly First transistor Today: 5.6 Billion Transistors* • Designed by software • Design and manufacturing coordination • 1,000s manufactured per hour * Intel Xeon 18, Core Haswell-E
  • 8. WorleyParsons got unexpectedly good results by applying this philosophy on a mega-project 1. Advanced materials management 2. Simulation and design drives assembly
  • 9. Digitization payback was immediate Results Cable tray access efficiency 630% increase Previous record 36,000m 14 week average 54,000m New Record 93,000m
  • 10. Key objectives for 2018 will be realized through CM and supply chain implementations Contractor management Materials management  Harmonize with client systems  Reduce manual processes, move away from CAMS  Reduce cost:  Increase communication and knowledge flow with sub- contractors (2-way cost reduction)  Save man-hours on process  Better interoperability  Electronic communications audit trail improves Claims defense capabilities  Planning, not reacting culture  Better user productivity than SPM  Ability to create material scenarios for construction  Interoperability (particularly with Requis)  Integrate into client supply chain (e.g. Vantage track & trace)
  • 11. ProCon will give us an opportunity to add depth and professionalism to our stakeholder relationships EARLY WARNING INDICATORS CLAIMS PAYMENT VERIFICATION CONTRACT AUDITABILITY CHANGE CONTROL ONLINE TENDERING OBLIGATIONS CONTRACT MANAGEMENT CHALLENGES? EFFECTIVE CHANGE CONTROL MITIGATE CONTRACTOR CLAIMS ENHANCED FINANCIAL CONTROL BEST PRACTICE GOVERNANCE IMPROVED CONTRACT DELIVERY Our aspirations:  Reduction in pre-award engineer hours: 10%  Reduction in contract admin hours post award: 20%  25% legal hours reduction during execution phase  0.5% TIC savings to asset developer  Transparency that builds trust
  • 12. Managing change, planning the plan emulates capability that has been proven successful in manufacturing ERM’s Promise:  Materials management + integrated construction management module  4D visualization, simulation  Impact visibility right through to workpacks  Intuitive UI makes adoption easier  Better interoperability & data entry productivity  Strategic relationship ERM’s Outcome:  Get specs out 30% faster on a project  Replace reports with live information  .NET UI – reduced training time by 50%  1,500 users in 2018  33% savings to construction schedule (Fiatech) through advanced work packaging
  • 13. ERM helps us liberate free cash at the end of the project
  • 14. © 2017 AVEVA Solutions Limited and its subsidiaries. All rights reserved. Contact Jim Purvis Director, Digital Enterprise North America at Advisian E jim.purvis@advisian.com