Partnering in offshore drilling projects. Issue 1 (4th January 2017)
- Record Type:
- Journal Article
- Title:
- Partnering in offshore drilling projects. Issue 1 (4th January 2017)
- Main Title:
- Partnering in offshore drilling projects
- Authors:
- Børve, Sjur
Ahola, Tuomas
Andersen, Bjorn
Aarseth, Wenche - Abstract:
- Abstract : Purpose: The purpose of this paper is to evaluate to which extent partnering practices observed in earlier research focussing on the construction industry are applied in offshore development drilling projects. Design/methodology/approach: The paper reviews earlier research on project partnering and the relationship-based procurement (RBP) taxonomy. The taxonomy is then empirically applied to describe partnering practices in an incentive-based drilling project in Norway. Findings: Many elements of project partnering observed earlier in construction projects were found to characterize offshore development drilling projects. However, as assessed using the RBP framework, the authors found that partnering elements in observed context rated consistently lower than elements previously reported in the construction industry, indicating a lower maturity of partnering practices in the studied context. Practical implications: The present study provides a multi-dimensional and systematic description of partnering practices in offshore drilling projects. Project owners can utilize this information to identify partnering elements requiring particular emphasis when initiating and managing drilling projects. Based on the findings, such elements include transparency and open-book auditing, integrated risk mitigation and insurance practices and establishment of authentic leadership. The findings further imply that partnering models cannot be directly applied across industryAbstract : Purpose: The purpose of this paper is to evaluate to which extent partnering practices observed in earlier research focussing on the construction industry are applied in offshore development drilling projects. Design/methodology/approach: The paper reviews earlier research on project partnering and the relationship-based procurement (RBP) taxonomy. The taxonomy is then empirically applied to describe partnering practices in an incentive-based drilling project in Norway. Findings: Many elements of project partnering observed earlier in construction projects were found to characterize offshore development drilling projects. However, as assessed using the RBP framework, the authors found that partnering elements in observed context rated consistently lower than elements previously reported in the construction industry, indicating a lower maturity of partnering practices in the studied context. Practical implications: The present study provides a multi-dimensional and systematic description of partnering practices in offshore drilling projects. Project owners can utilize this information to identify partnering elements requiring particular emphasis when initiating and managing drilling projects. Based on the findings, such elements include transparency and open-book auditing, integrated risk mitigation and insurance practices and establishment of authentic leadership. The findings further imply that partnering models cannot be directly applied across industry boundaries but must be tailored to fit the salient characteristics of each context. Originality/value: The paper systematically describes to which extent specific partnering elements of the RBP taxonomy are applied in offshore drilling projects. … (more)
- Is Part Of:
- International journal of managing projects in business. Volume 10:Issue 1(2017)
- Journal:
- International journal of managing projects in business
- Issue:
- Volume 10:Issue 1(2017)
- Issue Display:
- Volume 10, Issue 1 (2017)
- Year:
- 2017
- Volume:
- 10
- Issue:
- 1
- Issue Sort Value:
- 2017-0010-0001-0000
- Page Start:
- 84
- Page End:
- 108
- Publication Date:
- 2017-01-04
- Subjects:
- Offshore drilling -- Project partnering -- Relation-based procurement taxonomy
Project management -- Periodicals
Electronic journals
658.404 - Journal URLs:
- http://www.emeraldinsight.com/1753-8378.htm ↗
http://www.emeraldinsight.com/ ↗ - DOI:
- 10.1108/IJMPB-12-2015-0117 ↗
- Languages:
- English
- ISSNs:
- 1753-8378
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4542.327500
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 49.xml