Rystad Energy - Energy Knowledge House

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Rystad Energy launches Cost Solution, a product line that sheds light on key energy industry values

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Rystad Energy is proud to announce the launch of Cost Solution, our newest addition to a collection of innovative product lines that help better address the changing energy industry and its elements. Our Cost Solution provides project cost and service price intelligence through data, analytics and advisory services focusing on benchmarking, estimating and inflation.

Understanding cost structures and using sound advice to become more cost-efficient is becoming more important than ever for companies across the energy value chain as the global energy industry is experiencing the second downturn in a decade. Managing costs and understanding relevant trends will be of outmost importance for all market participants, and Rystad Energy’s Cost Solution is now here to offer our clients informed and customizable services.

Rystad Energy’s cost and price intelligence is illustrated through thematic reports, detailed factsheets, a frequent flow of commentaries, and bottom-up databases that are updated monthly.

We invite you to learn about our new product line by joining our Cost Solution Virtual Launch Event on 2 September to hear from industry experts and discover how the Cost Solution can benefit the growth and evolution of your business.

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Our Cost Solution dashboards can deliver asset-level cost benchmarks for offshore, onshore and liquefaction facility projects. They empower users to build customized project cost estimates across a field’s lifecycle, from an initial prospect through to a unique decommissioning campaign. They also track the global labor market and look at service pricing from both an asset and an execution perspective. All of this is built bottom-up, asset by asset, for some 100,000 fields, licenses, and open acreages.

Cost Solution also offers a wide range of analytics items. Users can have access to our Cost Benchmarking report, our Price Inflation report, our Cost Estimating handbook, a wealth of commentaries, and a comprehensive library of factsheets.

Supporting the above products, our analysts are available to provide product support and training, and also to discuss and provide insights to clients on the latest industry trends.

“Every project’s cost has a story, and we learn these stories to bring them to life and put them to work for you. We are delighted to launch our Cost Solution, a product line that is designed to transparently address the energy world’s cost-related knowledge needs in the most understandable and yet data-supported way,“ says Rystad Energy’s Vice President Energy Service Research Matthew Fitzsimmons.

Today’s continuously changing and dynamic market makes cost management more important than ever. At a time when the energy market needs it the most, Rystad Energy makes one more long-term vision a reality.

Would you like to talk to us about the Cost Solution? Find more details here or contact our business development team to find out how our new solution can help you in your daily work and decision making.

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Contacts

Matthew Fitzsimmons
Vice President Energy Service Research
Phone: +47 24 00 42 00
matthew.fitzsimmons@rystadenergy.com

 

Lefteris Karagiannopoulos
Media Relations Manager
Phone: +47 90228994
lefteris.karagiannopoulos@rystadenergy.com

 

About Rystad Energy
Rystad Energy is an independent energy research and business intelligence company providing data, tools, analytics and consultancy services to the global energy industry. Our products and services cover energy fundamentals and the global and regional upstream, oilfield services and renewable energy industries, tailored to analysts, managers and executives alike. Rystad Energy’s headquarters are located in Oslo, Norway with offices in London, New York, Houston, Aberdeen, Stavanger, Moscow, Rio de Janeiro, Singapore, Bangalore, Tokyo, Sydney and Dubai.