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SPE.org 

As Brazil hosts its first summer Olympics in the coastal city of Rio de Janeiro, in the world of oil and gas megaprojects, another type of competition has emerged—that of market share. If you love capital projects, and especially the big, complex, and really difficult ones, the petroleum industry is the place to be. Oil and gas development projects provide the young or experienced engineer with all the excitement you could want—challenging projects in challenging places. Megaprojects require billions of dollars of investment, multidisciplinary teams, meticulous planning, flawless execution, and cutting-edge technology. To ensure their success, the energy industry will have to focus more on containing project risks, reducing delays, and ensuring faster “first oil."