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Analysis

Build better: improving project delivery in the UK North Sea

The UK Oil & Gas Authority has published a five-year review of new projects in the UK North Sea, and has found that since 2011, only 25% of projects were delivered on time, with an average delay of ten months. The review also found that projects stretched their budgets by an average of 35%. What lessons can be gleaned from these inefficiencies as the industry continues to make itself leaner?

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