Refinery Project Development Services – Technical Development Expertise for Oil & Gas Refinery Projects
We provide end-to-end project development services*focused on transforming refinery concepts into technically defined, commercially viable, and execution-ready assets. Our approach integrates engineering depth, economic rigor, and project structuring to support confident decision-making through to FID.
Core Development Capabilities-
Concept Selection & Configuration Development
- Screening of refinery schemes:
- Hydroskimming
- Conversion
- Deep conversion
- Integrated petrochemical configurations
- Crude slate evaluation
- Feedstock flexibility analysis
- Product yield optimization aligned with market demand and margin structures
- Configuration trade-off studies considering complexity vs. return
- Benchmarking against global refinery indices and performance metrics
Feasibility Studies (Pre-Feasibility & Bankable Feasibility)
- Development of Pre-FS and BFS reports aligned with lender and investor requirements
- CAPEX estimation (Class IV–III) using factored and parametric methods
- OPEX modeling including utilities, catalysts, chemicals, and manpower
- Economic evaluation: NPV, IRR, payback period, sensitivity cases
- Scenario modeling for crude price volatility and margin fluctuations
Process Design & Technical Definition
- Heat & Material Balance (HMB) development using tools such as Aspen HYSYS
- Process Flow Diagrams (PFDs) and Utility Flow Diagrams (UFDs)
- Preliminary P&IDs with control philosophy definition
- Equipment sizing for reactors, columns, exchangers, pumps, compressors
- Integration of hydrogen management, sulfur recovery, and energy optimization systems
Technology Selection & Licensor Management
- Evaluation and selection of process licensors*(hydroprocessing, reforming, coking, etc.)
- Technical bid evaluation and licensor comparison matrices
- Integration of licensed units into overall refinery configuration
- Management of licensor interfaces and data requirements
Infrastructure & Utilities Development
Definition of offsites and utilities systems:
- Power generation and distribution
- Steam and condensate systems
- Cooling water and desalination
- Tankage and product storage
- Integration of marine, pipeline, and logistics infrastructure
- Plot plan development with constructability and operability considerations
Environmental, Regulatory & ESG Development
- Environmental impact inputs aligned with International Finance Corporation
- Emissions modeling (CO₂, SOx, NOx) and mitigation strategies
- Development of flare, wastewater, and waste management concepts
- Identification of permits, approvals, and regulatory compliance pathways
- Energy efficiency and decarbonization integration (carbon capture, hydrogen readiness)
Risk & Uncertainty Analysis
- Technical and commercial risk register development
- Quantitative risk modeling (cost and schedule uncertainty)
- Sensitivity analysis on key economic drivers
- Identification of critical development risks and mitigation plans
Execution Strategy Definition
- Contracting strategy development: EPC, EPCM, multi-package, modular execution
- Project Execution Plan (PEP) including governance and stage-gate controls
- High-level integrated master schedule (Level 1–2)
- Identification of long-lead equipment and early procurement strategies
- Constructability reviews and modularization assessments
Commercial Structuring & Investment Support
- Development of financial and funding structures (JV, PPP, project finance)
- Preparation of investment memoranda and data rooms
- Support for lender due diligence and technical queries
- Alignment of stakeholders including NOCs, investors, and partners
Technical Strengths
- Strong integration across process engineering, economics, and project delivery
- Expertise in complex conversion and petrochemical-integrated refineries
- Experience with greenfield, brownfield, and expansion projects
- Use of advanced simulation, modeling, and benchmarking tools
- Alignment with international standards including American Petroleum Institute
Value Delivered
- Clearly defined, investment-grade refinery concepts
- Optimized configurations for maximum economic return
- Reduced early-stage uncertainty and development risk
- Accelerated progression to Final Investment Decision (FID)
- Strong technical foundation for FEED and EPC phases
Development That Drives Investment Confidence-
Our development services ensure refinery projects are not only technically sound, but also commercially robust and execution-ready—providing the clarity required for stakeholders to move forward with confidence.