The recent announcement by the Alberta government to invest $1B in grants and loan guarantees to partially upgrade its bitumen, isgreat news for the Alberta energy industry. As a landlocked province with no access to tidewater for access to diverse markets, and no pipeline to transport its bitumen, Alberta is not getting full value for its products. It’s the government’s hope and expectation that this will incentivize a further $5B in private investment to build and improve the local upgrader infrastructure.
Do you have a regular Monday morning meeting where your management team plans out who is doing what for the week? EPCM organizations spend a significant amount of time and effort on resource management. And no wonder – resource management is a critical, continuous exercise in projecting resource loads, along with planning and managing who is doing what on any given week or month.