Cost and Prices Solution
Analyze service price inflation, build bottom-up project cost estimates and benchmark field-level project cost performance throughout the energy supply chain
Introduction
During heightened inflation, timely and accurate information is essential for calculating risk and evaluating market movements. Strategic decision-makers need complete visibility of the markets to quickly and accurately assess inflation’s impact on cost estimates together with escalation granularity and risk scenarios.
Get complete visibility of global inflation and project costs to quickly evaluate risk and plan for inflationary impacts. Analyze service price inflation, build bottom-up project cost estimates and benchmark field-level cost performance for all resource types worldwide.
Our bottom-up data helps procurement professionals perform price risk scenarios, estimating professionals quickly compare our output to project estimates and strategists find cost-saving opportunities by assessing market cost performance.
Suppliers
Understand cost and price formation as well as inflation indices and cost estimating to:
Monitor price changes and support change orders
Anchor bids, evaluate and negotiate tenders
Gain a deep understanding of prices, cost and labor trends within each sub-segment
Investors
Analyze price drivers, market outlooks and inflation indicates to:
Understand how the market price and asset performance will evolve to make investment decisions
Learn about project costs and service prices throughout the supply chain
Gain overview combining regional unit price changes across service segments
Banking
Analysis product lines and performance, inflation indices together with cost and price formation to:
Gain a deep understanding of prices, cost and labor trends within each sub-segment
Identify product lines and regions outperforming peers and market
Access a comprehensive overview combining regional unit price changes across service segments
Energy Companies
Track record, suppliers performance, inflation indices and cost formation to:
Analyze financial and operational peer group performance
Gain overview combining regional unit price changes across service segments
Build customized cost models across industries
Industrial
Identify project cost, service prices and calculate cost to:
Gather cost and price intelligence focusing on benchmarking, estimating and inflation
Gain overview combining regional unit price changes across service segments
Build customized cost models across industries
Make better decisions with Cost and Prices Solution across multiple energy types. Learn how below:
Relevant across energy types
Understand how energy company costs and service company prices are trending through benchmarking, estimating and inflation intelligence with our:
- Service price inflation for different segments, across maintenance, well services, drilling, subsea, surface facilities and seismic
- Cost benchmarks for different service segments on a project by project and field by field basis
- Cost estimates for upstream, midstream, renewable and low carbon projects to transparently built bottom-up to incorporate key scope elements, design parameters, execution strategies and project timing
Stay up to date with the latest project cost performance trends in the energy supply chain with:
- Frequent insights about the market impact of industry events and deep dives into industry trends
- Regularly updated factsheets covering project details, operator spend, supplier revenues and regional market trends
- Thematic reports diving into service price inflation, service categories, cost benchmarking and estimating
Bespoke consulting engagements delivered by our industry specialists.
Learn more about the key features of our solutions
Download the brochures
Our approach