Capital Projects

A leading regional oil and gas company saw its capital expenditure rise threefold in 10 years, while production grew by just 2 percent. We helped the client adopt a design-to-value approach, it identified five value levers that saved 30 percent of the total cost of ownership in its tank farms, and 40 percent in gas conditioning.

An Eastern European national oil company embarking on a huge program to modernize its refineries sought our support with identifying the biggest value-creation opportunities. We helped the client achieve a 30 percent reduction in the level of investment while seeing a decline of only 1 percent in commodity yield and revenue.

With our help, a refining and marketing company redesigned its governance processes and set up a capital-excellence team to address capital-expenditure projects of all sizes across the organization. This five-month effort led to a 25 percent savings in capital expenditure.