Full-potential diagnostic identifying $40M in annual refinery benefits
- Location
- Saudi Arabia
- Year
- 2016
- Engagement
- Profitability Improvement: Supply Chain & Logistics
Joint venture between integrated oil major and state-owned upstream oil provider. Top 10 refinery in the world by volume (350k bbl/day). Seeking full-potential assessment on refinery operations and hydrocarbon loss control.
Identified several key findings, such as: over 2% losses on crude receipts due to mismanaged custody transfer, meter proving and maintenance; over USD $10m in blending optimization opportunities despite the use of computer-based analytical tools; opportunities to improve maintenance effectiveness across operation.
Measurable impact
$40M+
Over USD $40m annualized savings potential identified
Oil & Gas
Case snapshot
A detailed initiative roadmap was created to guide implementation
Oil & Gas
Case snapshot
An implementation timeline was developed and proposed to ensure structured execution
Oil & Gas