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Danaos

E&P Owner

In offshore projects, the Exploration and Production (E&P) Owner is responsible for discovering, evaluating, and extracting hydrocarbons.

The Owner oversees complex operations, manages significant investments, and ensures regulatory compliance—while coordinating with contractors, consultants, and stakeholders to deliver efficient, and profitable outcomes.

Project Budgeting
Challenge

Offshore engineering and marine construction companies manage diverse assets and resources across land and sea, all within a complex regulatory and operational framework. Accurately forecasting and effectively managing these assets—while staying within budget—remains a major business challenge

Solution

ProjectVIEW ERP provides early-stage realistic budgeting to support project viability

Project Segmentation
Challenge

Offshore and marine construction projects should be segmented to leverage local port and shipyard infrastructure, fabrication resources, and support knowledge transfer from international to local contractors—essential for aligning project investment with local market capacity and development goals

Solution

ProjectVIEW promotes social and national responsibility by segmenting projects to align with local market production and conditions.

Tendering
Challenge

Discovering resources and assessing project viability are prerequisites for Tendering, requiring E&P owners or Port Authorities to evaluate bids based on both cost and quality under complex contract types such as EPC, lump-sum turnkey, Design-Build, or PPP. A poorly budgetized Tender can threaten budget integrity and project outcomes

Solution

Compiling Tender documents, soliciting project packages, and evaluating proposals enforces transparency and leads to efficient contract oversight.

Visibility
Challenge

Offshore Project Developers and Marine Project Owners, relying solely on consultant reports and lacking real-time operational updates from marine construction, obscure early issues, negating proactive cost control and hindering timely problem detection

Solution

Based on personalized dashboards using actual site data, ProjectVIEW ERP drives project management grounded in the daily realities of construction.

Change Management and Variation Control
Challenge

Offshore and marine project owners face the inherent unpredictability of design changes, subsea/site issues, and evolving maritime regulations. Robust change control is crucial; its absence generates costly delays, operational confusion, and significant budget overruns

Solution

Stakeholder collaboration and interdepartmental workflows help alleviate change management conflicts and operational bottlenecks

Progress and payments
Challenge

E&P Owners and Port Authorities managing marine infrastructure projects struggle to tie payments to actual progress when faced with unverifiable drilling progress, dredging, or quay construction data, resulting in payment disputes and schedule disruptions

Solution

Auditors, lenders, and insurers require ongoing, realistic control over project finances. ProjectVIEW ERP provides financial clarity by linking actual Costs to actual Progress.

Handover
Challenge

E&P operators and Port Authorities, find handover hindered by incomplete documentation, impacting operational readiness and long-term maintenance of complex marine assets

Solution

Constructed elements update designs, drawings, and the BIM model—facilitating snag lists and completing handover documentation, while supporting the further development of an asset management plan

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