Change in Execution Structure and Completion Management for the Brazil FPSO Project
First written in FY2016. 1 of 2 entries say "Advanced", first in FY2017. Latest entry: FY2017.
1 other company's latest entry also says "Advanced".
- FY2017AdvancedAnnual report
「The FPSO topsides project at the Brazilian equity-method affiliate is progressing under appropriate management following the strengthening of its project execution structure, with no new losses incurred.」
The company states that the execution structure for the FPSO topsides project has been strengthened and that the project is progressing under appropriate management without any new losses. - FY2016First statedAnnual report
「For the FPSO topsides project conducted by a subsidiary of TSPI, we changed the project execution structure to one led by our company, pursued rigorous risk management and assessed additional costs. The modules are almost complete, and the project as a whole is just under 80% complete. Going forward, we will rigorously manage the schedule and costs for the remaining work, including loading and installing the modules on the hull, and continue working diligently toward completion while controlling risks and securing profitability.」
The company describes the change to a company-led execution structure, progress of just under 80% overall, and cost and schedule management for the remaining work.