Does A Contract Strategy Play A Role In Improving The Performance Delivery Of An Oil And Gas Project In Oman?
Main Article Content
Abstract
Oil and gas projects suffer from time-overrun worldwide and Oman is no different. Such Delays lead projects to miss their targets of schedule and budget which affect the country economy. One of the possible causes of time overrun is the contract strategy adopted in those projects. This paper presents empirical data to show which strategy is more likely to causes the projects miss its schedule target. Semi-Structured interviews have been conducted to increase the confidence of the results. This study revealed that more than 60% the respondents have expressed that EP+C contract strategy is the strategy that is more likely to have projects miss their main targets. Also contract strategy factor has been ranked high important factor that causes time overrun in oil and gas projects. In addition, a questionnaire was made to evaluate the oil and gas projects that have completed on agreed schedule, and it showed that 80% of respondents have revealed such projects have a contract strategy of EPC.
Downloads
Metrics
Article Details
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
