“It sounds simple, but 37 per cent of general project problems can easily be tracked back to the requirements of the project not being rigorously analysed, being incorrect or simply missing altogether. The end result is a solution which provides only partial levels of desired performance, imposing a tension on operational costs for the balance of the product life-cycle,” he says.
“Oil and gas production is a linear process resulting from the integration of thousands of parts – just like a passenger aircraft. The weakest link in the process can slow or even prevent the entire process from executing. Not only do all the parts have to work correctly to contribute to production, they have to work together in the right way.
“We see a lot of synergies and alignment between the oil and gas and aerospace industries, where even small actions and changes to thinking can result in major cost savings.
The Jumbo is arguably the safest and most optimised form of transport in the world. It has carried more than 3.5 billion passengers since 1969. Each aircraft comprises approximately 6 million parts sourced from 33 countries. Over the past 50 years, the Boeing 747 has continued to drive technological innovation and industry collaboration initiatives to remain competitive.