2014 Outlook on oil and gas
My take: By John England
A new chapter in the energy renaissance is starting to emerge — one focused on the effective execution of capital projects. As the size and complexity of capital projects grows, the ability to effectively execute, often on multiple large projects becomes a critical competency for many companies. 2014 will be a critical year for many companies as they attempt to successfully deliver major capital projects. In many cases, the result of the projects will significantly influence their stock price, as well as their liquidity.
John's key takeaways:
- Financing and capital effectiveness
- Government and regulatory uncertainty
- Engineering, procurement, and construction (EPC) resource capacity
- Public perception