Performance Data Analysis of an Offshore Decommissioning Project – THREE60 Energy
Company Information:
THREE60 Energy are an engineering company that helps other energy companies design, build, improve, and manage major energy projects. Not usually producing energy themselves, but providing the specialist skills, knowledge, and teams needed to make projects run safely, efficiently, and legally. THREE60 Energy supports oil and gas, offshore wind, decommissioning, and low-carbon solutions like carbon capture. In simple terms, they help deliver energy projects from planning and construction through to operation and safe removal at the end of their life.
Project Overview
THREE60 Energy is an engineering company that supports major energy projects, including offshore wind, oil and gas, decommissioning, and low-carbon developments. This project focuses on analysing performance data from a real offshore decommissioning project.
Decommissioning involves safely removing offshore structures at the end of their working life. These projects must be carefully planned to control costs, reduce delays, and maintain high safety standards. By analysing time and cost data, the intern will help the company understand how efficiently the project is running and where improvements could be made.
Project Aim
To analyse time and cost data from an offshore decommissioning project in order to identify productive and non-productive time, compare performance against expected norms, and highlight opportunities for improved efficiency.
Key Research Questions
• How is time being used across different project activities?
• How much of the recorded time is productive and how much is non-productive (delays)?
• How does actual performance compare to expected norms or benchmarks?
• What are the main causes of downtime or extra costs?
• How could future projects be planned more efficiently?
What You Will Do
• Review project records and extract relevant time and cost data
• Organise data into a structured spreadsheet or database
• Break activities into productive and non-productive time categories
• Calculate time and cost norms and compare them to existing benchmarks
• Identify patterns, trends, and possible causes of delays
• Engage with engineers or project staff to understand the reasons behind the data
• Create clear charts and simple comparisons to explain findings
• Produce a short written report and presentation summarising results
Science, Engineering and Technical Understanding
• Learning how offshore decommissioning projects are structured
• Understanding project performance metrics (time, cost, productivity)
• Applying data analysis and benchmarking techniques
• Interpreting real-world engineering data
• Supporting evidence-based decision-making in engineering projects
Planning and Organisation
You will:
• Structure your work into stages (data extraction, organisation, analysis, comparison, reporting)
• Keep clear records of calculations and assumptions
• Use consistent data formatting and logical organisation
• Justify conclusions using evidence from the data
• Manage your time independently with regular check-ins
Skills Developed
• Data analysis and spreadsheet skills
• Engineering awareness and project management understanding
• Problem solving and logical thinking
• Microsoft Office skills
• Teamwork and communication
• Independent working and organisation
Final Outputs
• A structured spreadsheet or database of extracted time and cost data
• Clear charts and comparisons showing performance against norms
• A breakdown of productive and non-productive time
• A short written report
• A presentation summarising key findings and recommendations
Reflection and Evaluation
Your report may include:
• What you learned about offshore decommissioning projects
• Key patterns or inefficiencies identified
• How reliable the data and comparisons are
• How your findings could improve future projects
https://www.crestawards.org/resources/crest-gold-student-guide