• CERAWEEK
  • March 10 - 14, 2025

Pritesh Patel

S&P Global

Executive Director, Cost & Supply Chain

Pritesh Patel leads the team of experts that analyze and assess upstream capital and operating costs, under today’s complex construction environment. Mr. Patel is an expert in oil and gas conceptual development studies both onshore and offshore. He has more than 27 years of domestic and international expertise in project management and strategic consulting. Mr. Patel has investigated the full range of offshore oilfield development scenarios including subsea systems, floating production systems, and boosting technologies. He has also been involved in business strategy development and industry forecasting, enabling him to develop a broad interest and understanding of worldwide industry issues and trends.​ Mr. Patel leads the Costs and Supply team in S&P Commodity insights. Together, these services provide insights in demand, supply, and costs trends across the upstream space and are a key reference and benchmark to any upstream asset. He was responsible for the creation of the Upstream Capital Cost Indices, which are now the standard for cost escalation in the industry. Previously, he led the development of the asset valuation software, QUE$TOR, which is the standard used by operating companies in early-phase cost estimating. ​He has also worked on a number of consulting projects, which have included everything from detailed design of facilities and assets, developing company strategies, to assisting countries in licensing rounds. ​Before joining S&P Global, Mr. Patel worked as a chemical engineer at ExxonMobil Refinery in Gravenchon, France, and a number of research projects at Purdue University.​ Mr. Patel holds a BEng in chemical engineering from Bradford University and a master’s degree in process chemical engineering from Loughborough University, United Kingdom.

Sessions With Pritesh Patel

Tuesday, 19 March

  • 11:50am - 12:40pm (CST) / 19/mar/2024 04:50 pm - 19/mar/2024 05:40 pm

    Big Infrastructure: Executing amid challenges

    Energy Infrastructure/Supply Chains

    The global energy system is characterized by scale: Large-scale infrastructure projects in oil, gas, power, mining, refining and transportation are essential to delivering that energy. Yet a combination of financial headwinds, supply chain constraints, labor shortages and regulatory delays around permitting have made it increasingly difficult to deliver big ticket infrastructure projects. How do developers see the landscape for energy transition, capital projects and infrastructure? What constraints need to be overcome to deliver on time and on budget? What policies can pave the way for greater investment certainty?