EPC Forum 2013 to be held in Abu Dhabi

Previous speakers included representatives from Pinsent Masons LLP, Jacobs, DUCAB, Acwa Power International, Bouygues-Construction, King and Spalding LLP, GE Energy, Petrofac Engineering and Construction, Galfar Engineering & Contracting SAOG and Black and Veatch.

A decade ago, the EPC industry comprises of a handful of gargantuan and complex projects.

There is no shortage of high value and complex project being executed by both private and government players. The increase in size and complexity has lead to a growing dependency on contractors' capabilities and project management skills.

Slowly, the burden of project management has shifted from the owner to the contractors and with that, the risk of time and cost overruns.

The ability to manage project is highly recognised as the key deciding factor to the success of project delivery.

These contracts have been viewed as long term commitments, giving due consideration to risks that can span from the project lifecycle with restraining resources available such as human resources, supply of materials and machineries.

The main focus of the EPC Forum 2013 would be on monitoring involvement levels of owners and EPC contractors for projects; analysing the collaboration framework under EPC contract; keeping up with the schedule of construction progress rate and reducing loss in productivity; leveraging on cost engineering and value management to make the best decision in unforeseen circumstances; as well as achieving positive cost control throughout project development.

This forum will consist of two streams running side by side to cater for the Hydrocarbon and Civil Infrastructure to allow a stronger focus on each industry's challenges and opportunities.

Featuring speakers from different backgrounds such as the private and government sectors and as well as global EPC contractors, this forum aims to address the challenges from the start of the project until the delivery of it to the owners.

Key issues such as project risk management and cost control will be thoroughly discussed by renowned experts of the industry.