SDG and Deep Seed Solutions Bring Rapid Review of Deepwater Concept in New Strategic Alliance | News

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MENLO PARK, Calif., March 10, 2022 /PRNewswire-PRWeb/ — Strategic Decisions Group (SDG), a leading management consulting firm, and Deep Seed Solutions, a developer of deep-sea artificial intelligence software, have partnered to solve a long-standing difficulty in the deepwater offshore development process, in particular, the ability to efficiently generate and evaluate realistic alternatives as part of the concept selection phase.

“I am thrilled with this opportunity to partner with Deep Seed Solutions,” said Sang Won Kim, head of SDG’s global energy practice. “This collaboration will lead to rapid development of insights for deepwater investment decision makers and innovate the conventional step gate process.”

According to the International Energy Agency’s “Net Zero by 2050” scenario, oil and gas companies would still need to spend more than 500 billion dollars annually on the development of traditional hydrocarbon resources over the next decade. Deepwater developments are expected to account for a large portion of this amount.

The concept selection phase of the deep-water step-gate decision process is, ideally, where a wide range of alternatives are generated and evaluated. Both companies have introduced the Rapid Deepwater Concept Review to help them.

“This collaboration creates a first-of-its-kind solution for the energy industry and accelerates investment decisions in deepwater projects,” said Leandre Basilio, CEO of Deep Seed Solutions. “The Rapid Deepwater Concept Review offering is a game-changer in our customers’ decision-making processes.”

Generating high-quality alternatives has traditionally been a long and expensive process, heavily dependent on a team’s knowledge base. The solution offered by Deep Seed Solutions and SDG leverages advanced analytics and SDG’s Decisional Quality Framework to automate the search for viable concepts, prioritize and evaluate them, and deliver fast directional insights, all in a timely manner. four weeks.

For most deepwater offshore projects, this breakthrough solution reduces cycle time and costs in the concept selection phase, while increasing the likelihood of identifying higher value concepts.

About the Strategic Decisions Group

Strategic Decisions Group is a management consulting firm recognized for its expertise in strategic decision-making, risk management, stakeholder alignment and value creation. For more information, visit http://www.sdg.com.

About Deep Seed Solutions

Deep Seed Solutions is leading the digital revolution in the oil and gas industry by applying its innovative technologies to complex engineering processes. For more information visit http://www.deepseedsolutions.com

Media Contact

Barbara MetzlerStrategic Decisions Group, +1 (650) 475-4497, bmetzler@sdg.com

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SOURCE Strategic Decisions Group

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