CDO meaning in oil and gas
CDO means Centralized Developments Organization. Centralized Developments Organization (CDO) drives capital efficiency into our major project delivery. The CDO will be accountable for the line delivery of E&P’s portfolio…
Definition
Centralized Developments Organization
Centralized Developments Organization (CDO) drives capital efficiency into our major project delivery. The CDO will be accountable for the line delivery of E&P’s portfolio of over 60 major projects. It has 4 key roles: Integration, with overall accountability for FM delivery from the beginning of project appraisal to first production, Optimisation, with a focus on selecting the right development concepts, leveraging standardization, segment scale and learning, Execution, continuously improving efficiency with rigorous performance management, Advice, to inform segment portfolio decisions NOTE: CDO morphed into GPO