Asset Development

We help clients to turn opportunities into projects.

We create a route map of the technical and commercial work required to support your business objectives, working in close cooperation with your team and within your internal business processes.

Field Development Planning

We create outline options of possible architectures and product export routes. Screening against mutually agreed decision criteria including cost estimate and project economics provides a quantitative decision basis for selection of the preferred development plan.

We recognise development risk and uncertainty (for example reservoir properties and volumetrics) while at the same time seeking opportunities to improve project value (for example through integrated approach to development planning, deployment of new technology etc.).

Our broad range of technical expertise, combined with our practical design and operating experience across the project life-cycle, means that we are able to produce robust high quality deliverables in short timescales where data may be limited.

Owner’s Engineer

Our extensive experience of working across operators and service companies on projects of all scales and complexities in locations around the world positions us perfectly to act as owner’s engineer, looking after our clients’ interests. We are an independent voice, providing either specific technical expertise or broader management support to supplement your resources. Our aim is to give your technical and management teams the freedom to focus on ongoing operations or new opportunities without distraction.

We work closely with our clients to become an extension of their team, either for short term interventions, or longer term strategic support. Typical services have included:

  • Strategic planning: clearly defining objectives and setting out a delivery route map to achieve them, development of project execution strategy (including Project Execution Plans) and commercial strategy
  • Project evaluation: independent view on concept feasibility & selection, project evaluation criteria aligned with project objectives. Cost/benefit analysis.
  • Contracting: set-up and running of tender processes from pre-qualification to award, advice on gas sales or transportation & processing agreements and review of Production Sharing Contracts
  • Stage-gate reviews: providing challenge & support to enable smooth passage through stage-gates
  • Project controls services: estimating, planning, commercial management and monitoring/reporting.
  • Site visits: data gathering, progress monitoring, operational reviews
  • Independent assessments of technical and commercial competence
  • Technical consultancy: specific technical expertise provided

We work within your existing corporate frameworks, alternatively we can provide a bespoke business planning process if required.

Audits & Peer Reviews

Our reviews balance the requirement for “doing things right” with “doing the right thing”, the emphasis on each depending on the scope of the review.

Our experience, open minds and broad expertise allow us to identify value opportunities early on as part of an emphasis on Front End Loading (FEL). Creativity and innovation is balanced by a grounded understanding of the risks and limitations of new and exciting ideas. Our extensive industry experience means that we are able to critically assess technical and commercial aspects of a development rapidly, bringing insights based on diverse perspectives.

Typical reviews include:

  • Assessment of the merits and value of a project
  • Development of strategic risk and value management plans for each project stage
  • “Readiness to progress” stage-gate audits
  • Asset integrity review
  • Operating efficiency review
  • Troubleshooting review to address a specific technical or commercial issue
  • Benchmarking review

Technical Consultancy

Our technical consultancy services cover a range of oil and gas disciplines including process, flow assurance, facilities, subsea, structural, G&G, reservoir engineering, well engineering.

We provide independent expertise to support or undertake: peer reviews, asset integrity reviews, troubleshooting, technical feasibility studies, debottlenecking studies, optimisation studies, logistics studies, decommissioning studies, process and flow assurance simulations (using Hysys, Flarenet, OLGA, PIPESIM or LedaFlow) and process design including the specification and sizing of process and utility equipment.

Typical flow assurance issues addressed include hydrate inhibition, terrain-induced and hydrodynamic slugging, waxy crudes, pigging and flowline sizing.

Gas Monetisation

Gas monetisation studies identify the best way to bring gas reserves to market and hence achieve revenue. We have undertaken studies for a range of clients in frontier, emerging and established markets, covering the following options:

  • Pipeline
  • Gas reinjection for EOR
  • LNG/FLNG (including small scale and micro LNG)
  • Gas to power
  • Gas to chemical (e.g. fertiliser)
  • Gas to liquids (including mini GTL and methanol)
  • Hydrates
  • Compressed natural gas (CNG)
  • Other emerging technology

Our specialists have many years of experience in this field and routinely advise the World Bank, governments and international oil companies on gas infrastructure development.

Cost & Economic Modelling

We provide rapid and robust cost estimates. Our extensive experience in the execution and delivery of work scopes from minor modifications to mega projects means that we provide assurance in the completeness and coherence of estimates. It also allows us to provide support in cost optimisation through a focused review across design basis, design requirements, implementation and contractual structures.

Our cost estimating capability is enhanced by QuikE$t™ an in-house software platform that employs our own substantial database of real project data to generate high-level cost estimates across the typical project building blocks. QuikE$t also provides rapid benchmark estimates for overall developments, and identifies three similar reference projects from our project database for each development estimate.

Our in-house economic modelling tool allows us to explore a wide range of input parameters and sensitivities, as well as enabling the use of various economic indices in decision making.

Typical services include:

  • CAPEX, OPEX, DRILLEX and ABEX
  • Cost phasing
  • Cost risk assessment and identification of value at risk
  • Post-tax economic model and sensitivity analysis
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