The development of integrated operation centers

Master's thesis in Industrial economicsTo face today’s challenges that especially applies mature field developments like higher rig costs, limited bed space and more performance-based tendering, the oil industry has to evolve. Integrated Operations is not a new concept, but has gone through an extensive development since the first ones in the 80’s, and is even still developing. A lot of different efforts have been made, and are still being made. The BEACON concept that was first explored together in conjunction with BP and Norsk Hydro has in this thesis been analyzed and discussed. This model has exceeded all expectations, and has surely been implemented into Baker Hughes’ core strategy. A standardized model has been adopted, and exported to other areas of the world. The list of benefits is long, far exceeding the challenges. There is no doubt Integrated Operations is something for the future. It will continue evolving, include more disciplines, and bring the service companies and operators even closer