Due diligence partner review
Qfactorial took part in a review of pre-unit arrangements for Johan Sverdrup, one of the largest oil fields on the Norwegian continental shelf. Representing one of the partners in a joint review activity, the aim was to verify the working operator’s compliance with project requirements for decision-making, PDO preparation, partner involvement, technology transfer and HSE during phase 1 of the project.
Billion barrel oilfield
QFactorial Service offering
The review included planning, pre-meetings, document review and on-site interviews with key members of the working operator’s project team. Co-ordination and co-operation within the review team and regular consultation with sponsors in each partner organization ensured the successful completion of the review.
Joint venture projects are especially challenging from a quality perspective. The consultant needs commercial awareness, diplomacy and empathy.
The team worked well together, overcoming the challenge of different expectations and interests of the sponsors whilst maintaining objectivity and balance in all aspects of the review. A rigorous and critical process was applied to justify, collate and prioritize the findings. Key findings were distilled from the large data set and presented, with recommended actions, to the working operator and the review sponsors.View all case studies
I have known Kevin since 2008 and have had the pleasure of working with him on development of management system documentation and in auditing. Kevin is very accurate in all his work. He is producing well thought of and comprehensive systems. He performs audit in a pleasant way and at the same time in a motivating manner that is benefiting the organisation. The audit reporting is very clear and it is easy to understand his findings. He has also a good understanding of priorities in the organisation and will focus on these topics during the audit process for the benefit of the company.
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