Show simple item record

dc.contributor.advisorKumar, Rajesh
dc.contributor.authorSales Neverdal, Mirian
dc.descriptionMaster's thesis in Industrial economicsnb_NO
dc.description.abstractRig contracts represent the leading expenses in a drilling operation. The high rates and rig shortage are factors that make it urgent to come up with ways to increase the efficiency of drilling operations. The objective of this thesis is to investigate through different literature sources how contract strategies can be used to increase the efficiency of drilling operations. Three contract strategies have been studied, which are contract types, incentives and KPIs. Contract types affect efficiency indirectly by improving teamworking quality, resulting in a performance improvement. Likewise, incentives affect performances indirectly, since it improves relational attitudes, leading to a better teamworking quality, which finally will result in improvement of performance. It was concluded that KPIs are the best tool to increase the efficiency of drilling operations. The natural competition between contractors, caused by comparing their KPIs, will result in efficiency improvement. KPIs will also lead to a reduction of nonproductive time by identifying and eliminating Invisible Lost Time (ILT).nb_NO
dc.publisherUniversity of Stavanger, Norwaynb_NO
dc.rightsNavngivelse 4.0 Internasjonal*
dc.subjectproject managementnb_NO
dc.subjectcontract managementnb_NO
dc.subjectmanagement of drilling operationsnb_NO
dc.subjectindustriell økonominb_NO
dc.subjectindustrial economicsnb_NO
dc.titleIncreasing the efficiency of drilling operations using contract management strategies: A study from the Norwegian O&G industrynb_NO
dc.title.alternativeHow contract strategies affect the efficiency of drilling operationsnb_NO
dc.typeMaster thesisnb_NO
dc.subject.nsiVDP::Teknologi: 500nb_NO
dc.subject.nsiVDP::Social science: 200::Economics: 210nb_NO

Files in this item


This item appears in the following Collection(s)

  • Studentoppgaver (TN-ISØP) [911]
    Master- og bacheloroppgaver i Byutvikling og urban design / Offshore technology : risk management / Risikostyring / Teknologi/Sivilingeniør : industriell økonomi / Teknologi/Sivilingeniør : risikostyring / Teknologi/Sivilingeniør : samfunnssikkerhet

Show simple item record

Navngivelse 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse 4.0 Internasjonal