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 Èpeus was founded on a powerful but
simple idea. Organisations often tolerate operational
inefficiencies and unexpected cost increases in the
completion of projects. Accordingly, a ready-made
customer base would welcome someone who could enhance
operational efficiency and reduce costs on projects – in
other words, achieve project success. In a market of
tight credit and low oil price, this idea is as relevant
in 2009 as it was in 2002 when the company was created.
Over the years Èpeus has grown into
a global management services consultancy. During this
time we have saved our clients over $150 Million (USD)
on the 40 or so projects we have been directly involved
in. Not to mention the savings in countless projects for
which our people have provided staffing. During these
years the oil and gas industry has enjoyed buoyant
times. But now, as I speak to our clients, the picture
they paint is one of cutting back, focusing more on cost
and being more efficient in the ways that they approach
projects. Confirming that, when times are good, little
or less attention is paid to these important areas of
management.
This general downturn in the
industry does not spell bad news for Èpeus; on the
contrary our clients need us more than ever. The
industry, in recent years, may have lost sight of the
need for efficient and cost conscious management, we did
not. We have evolved as a management services company,
kept our focus and are better equipped than ever to help
our clients to achieving their goal of project success.
During 2008 we experienced
significant growth in the
Project Assurance
and Advisory Services
we provide, especially to
project financing
companies and banks. Our project due diligence,
auditing, risk analysis and other project services
continue to be in demand in 2009 while our clients
refocus on cost exposure and efficient control of their
projects.
The dedication of our professionals
in delivering these services will be why we remain at
the forefront at the "out-tasked"
project management revolution.
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