Avoid delays, cost overruns and more with significant owner involvement
C. Delia Contreras Nalco Champion, an Ecolab company Fabio Bravo The Dow Chemical Company
It is well known that the oil-and-gas, chemical and petrochemical industries are capital intensive. They require sophisticated facilities (plants), the installation of which are typically handled via capital projects that, regardless of size, require significant effort from a number of parties for execution. The investing or operating company is typically called the owner and, for a number of reasons discussed in this article, proper involvement of the owner is critical for capital project success. However, some owner representatives and even some owner companies take the approach of...
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