TWA Article A Young Professional's Guide to Olympic-Sized Projects Around the World

SPE.org 

Each edition of the Olympic Games brings together remarkable athletes, volunteers, and spectators of all nationalities in a long-anticipated competition. While Brazil just finished hosting its first summer Olympics in the coastal city of Rio de Janeiro, in the world of oil and gas megaprojects another type of competition is in play--that of market share. More akin to a marathon race than a sprint, Olympic-sized oil and gas megaprojects take years to come to fruition and require billions of dollars in development costs. Not every planned megaproject will make it to the finish line. What does it take for these ultraambitious projects to succeed?