Iain has advised insurance clients and professional bodies in the UK and internationally, on experience and risk analysis, valuation, reporting, data analysis and actuarial systems.
Iain has presented an address to the Society of Petroleum Engineers on applications of actuarial skills to the Oil and Gas industry.
In response to a recent article, Iain Poole considers dealing with uncertainty in the oil and gas industry and highlights some of the key challenges in terms of general decision making, and in light of the current turbulent environment.
According to The Decommissioning Company, operators in Europe are forecast to spend over £60 billion on decommissioning over the next 30 years.
In a recent survey of over 160 Upstream 'megaprojects', with an average project size of $6.6 billion, EY identified 65% of projects as experiencing cost over-runs, and 78% experienced delays. We look at the inherent uncertainty with large CAPEX projects.