Travel management technology for the offshore energy sector could offer as much cost saving to oil and gasfield operators as does the use of remote operation of platforms.
This could be possible as upwards of 10% of offshore project costs are administrative, according to an industry report by Oslo consultancy Rystad Energy.
It states that SG&A cost (sales, general and administrative cost) for the upstream part of any E&P business is typically $1 to $2 per produced barrel (about 10-20% of production cost and 3-6% of total expenses, including all investments in facilities, drilling and exploration.
“If you save on travel, you might be able to drill some more wells or oversee more projects,” ATPI Norge divisional managing director, Dag Kristian Amland, said at ONS on day two.
“A delegate at the World Petroleum Congress in Moscow this summer took in a presentation on the savings offered by some remote oilfield operations.
“He thought it was impressive, and then realized that a travel management company can save offshore clients similar amounts,”
The Moscow delegate reported yearly savings via remote operations of over $1million for two oilfields.
A new partnership with global port agent S5 is expected to provide more savings for ATPI clients by trimming unexpected costs associated with travelling crews and moving vessels.
Port agents are often the first to know when a vessel’s status will impact crew travel plans, such as a port change or delayed port call.
ATPI’s CrewHub system users will see the changed schedule data from S5 via an interface that speeds up travel bookings; sends crew movement requests and tracks visa expiration dates for multinational crews.
The firm says that this system can cut 30% of the work related to reconciling, processing and paying for travel as well as direct travel costs by 10%.
ATPI CrewHub also offers local re-routing support for travellers and emergency assistance through partner International SOS.
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