Cases / 01 · Shell JV · Western Siberia

Portfolio Integration – 6 Fields

Restructured development across six mature assets and identified shared infrastructure that changed the portfolio investment case.

ClientSalym Petroleum Development (Shell JV)

Period2017–2023

RoleConcept development lead

PhaseFEL1 – Pre-FEED

~57%~57% portfolio CAPEX reduction (≈ $48M). Investment recommendation approved at shareholder level.

Context

Multiple mature assets with fragmented, duplicated infrastructure and high combined CAPEX.

Role

Led concept development and the cross-field integration study (FEL1 – Pre-FEED).

Challenge

Each asset was planned independently, with no visibility of cross-field synergies. Individual CAPEX estimates were commercially unviable as a portfolio.

Action

Restructured the development approach across six fields.
Identified infrastructure sharing opportunities between assets.
Prepared the integrated investment case for the JV shareholders.

Result

~57% CAPEX reduction (≈ $48M). The investment recommendation was approved at shareholder level.

FEL1–FEL2IntegrationCAPEX