Understanding the Importance of OPEX in Asset Management
Operating Expenses (OPEX) plays a crucial role in determining the overall costs incurred throughout the lifetime of a facility. EPConsult Energies (EP) specialises in refining operational strategies to enhance sustainability, reduce operational expenditures, and maximise asset value through meticulous OPEX Review and optimisation services, focusing on achieving significant savings and optimisations.
EPConsult Energies:
Your Strategic Partner for OPEX Optimisation
EP stands as a symbol of innovation and reliability in operational excellence and cost efficiency. We apply our extensive knowledge and rich experience in the energy sector to offer tailored OPEX Review and optimisation services. EP’s methodology is deeply rooted in understanding asset management economics, enabling accurate forecasting of costs and delivering transformative, bespoke solutions.
Our Methodology:
EP’s OPEX Optimisation methodology involves an integrated discipline review, including lead facilities, mechanical and maintenance/reliability engineers, and operations and maintenance management specialists. We generate a range of potential optimisation opportunities, ranked and grouped into OPEX scenarios, challenging existing maintenance management and integrity management activities.
Our Process:
- Data Gathering: Comprehensive data gathering and assessment from various areas.
- Kick-Off Workshop: Initiating the process with an extensive workshop.
- Integrated Discipline Review: Cross-disciplinary review for insightful analysis.
- Opportunity Analysis & Costing: Detailed analysis of opportunities and associated costing.
- Detailed Report & Calculations: Providing insightful reports and precise calculations.
- Close-Out Workshop & Findings: Final discussions and findings are presented.
Case Study: Siri-Fairway Complex
Noreco engaged EP for an Independent OPEX Review of the Siri-Fairway Complex, consisting of 5 producing oil facilities in the Danish sector of the Southern North Sea. The review included aspects like asset and pipeline integrity management system, maintenance management system, and organisational effectiveness.
Results:
- 20% OPEX Reduction
- Upgraded Base plan for the existing Asset Integrity Management System
- Improved company-contractor collaboration for a clear and streamlined integrated operations organisation.
Why Choose EPConsult Energies for OPEX Review & Optimisation?
Choosing EP means aligning with a partner renowned for technical excellence and a comprehensive understanding of the energy sector. Our decade-long experience and specialisation in working with diverse operators position us uniquely to offer unparalleled OPEX optimisation solutions, ensuring your business is poised for long-term success.
Ready to redefine your operational strategies and achieve operational excellence? Contact EPConsult Energies today.
