Sakhalin-1 Project: Delivering Excellence in Project Execution
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The case describes the development and execution of the project. Advanced technologies and construction methods were adopted in the execution of the project which reduced the overall cost of development and minimized environmental impact. The case highlights how the project overcame the technical and environmental difficulties to achieve its goals. It discusses how the project team successfully managed the challenges associated with the project such as limited infrastructure, complex regulatory rules, limited skilled labor, and difficult logistics. Analysts opined that with careful planning and efficient use of technologies, the project successfully completed its first phase of development.
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Project management, Project integration, Oil and gas development project, Oil exploration, Production-sharing agreement, Project documentation, Extended Reach Drilling (ERD), Project execution, Offshore and onshore drilling, Onshore processing facility, Oil export system, Concrete Island Drilling System (CIDS), Single Point Mooring (SPM), 3D seismic technology, Lost-time incident, Environmental protection, Community development
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