‘Design-build’ method useful for refinery project execution

Refiners can execute many projects at a lower cost and in less time using a “design-build” approach that bypasses the front-end engineering and design (FEED) package.Refinery managers should take a fresh look at how they evaluate and execute new projects due to dramatic increases in operating margins and asset values of refining companies. The current economic environment requires refiners to rethink the traditional approach of evaluating and executing projects.Refiners should expend much more effort in the initial stages of project development to ensure they select the best project for execution. Those projects selected for execution should either strategically fit the refine...

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