Nostra has been designed and developed in collaboration with project professionals from global giant bp over a 10-year period. and is implemented in nine sites across the globe. bp has been able to quantify a significant financial benefit from using Nostra, with capital savings in the order of 5% to 10% per annum, along with qualitative and operational benefits. Nostra remains a “core platform” for bp globally and there is a commitment to expand its value and use across other existing and emerging business units of bp globally.
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Efficiently prioritise your capital project portfolio’s to maximise business value
Unlock trapped capital and carbon value
Deliver on net zero commitments and secure your capital
Accuracy and Predictability
Complete trust and confidence
Coherent Integration
Unparalleled Benefits from Nostra
5%
Reduction on capital project costs
10%
Improvement in budget variability
98%
Forecasting accuracy achieved
<3mth
ROI
Integration with your core project and carbon data sources, seamlessly with Nostra
Case study
Better Project Portfolio Management with Nostra
One single set of project portfolio data. Easier portfolio reporting - all projects are reported consistently, and reports can be generated in minutes rather than hours. One system login for multiple systems access.
Testimonial
Nostra Testimonial - Eric Zimmerman - Project General Manager, bp
First, Nostra works, from the initial installation. This may seem obvious but having spent over $100,000 on my last project trying (and failing) to get solutions up and running, I think this may be the biggest benefit Nostra offers.
Video
Capital Performance with Nostra: A Denver Resource & Energy Insight
In this video insight, Josh Marshall, CEO at Denver speaks to Simon Charewicz about the partnership with bp that created Nostra – a seamless interface that delivers performance driven decisions across asset intensive capital programs