Epsis

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epsis

OPEX/CAPEX Optimization

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OPEX/CAPEX Optimization

Epsis Business Advisory is conducting project analyzes and implementation of solutions which realize sustainable cost reductions, both OPEX & CAPEX, as well as increased HSE and efficiency, improved integrity and flexibility in operations.

We have broad experience with improvement projects, cost optimization and operational excellence – both within operations, maintenance & modifications, as well as drilling & well operations. In cooperation with oil operators and suppliers, we reveal, analyze, design and implement cost-cutting measures in order to realize benefits from identified improvement areas.

We can demonstrate a proven methodology, solid business cases and benefit realization from several engagements with operators on the Norwegian continental shelf. In cost management initiatives for our customers, we have realized sustainable cost reductions up to NOK 190.000.000.

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POB Optimization & Operating Model

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Remote Operations / Pob Reduction

In Epsis we have assisted clients with remote operations / Personnel On-Board (POB) reduction for more than a decade. These types of initiatives are also currently in focus, as new technologies allow for new ways of working – we can now basically work with anything from anywhere. Still, there are critical activities that cannot be moved from one place to another – either for HSE reasons or due to lack of or too expensive technological solutions to make remote operations or de-manning possible. 

In Epsis we us a methodology that look at tasks as opposed to positions when assessing the feasibility of remote operations. By combining tasks from several positions, new positions can be created, allowing for the overall head count at remote sites to be reduced. To make this possible, competency, cross training, roles and responsibilities as well as position description need to be addressed for successful outcome. Frequently, this results in new or revised operating models that are leaned and have higher efficiency in use of resources. 

Our projects are based on the work task analysis – more known as the CORD/MTO methodology. This methodology was developed by the well-known Norwegian R&D companies IFE and Sintef. It has proven to be very effective both in the energy and in other industries when it comes to change management and operation model development. The analysis has been performed on a number of assets on the Norwegian Continental Shelf over the past 15 years. Epsis has broad experience using this methodology both domestically and internationally. 

The analysis consists of three parts. In the first part, we conduct interviews of key stakeholders to map and analysis of tasks. This includes detailed mapping of work tasks with activities, time spent on activities, roles and activity participants, and will typically result in suggestions for improvement. In the second part, we conduct a functional analysis, this gives basis for re-allocation of tasks between remote site and central office, In the final part, we discuss findings with key stakeholders, adjust based on feedback and make the final recommendation.  

Typical deliverables are:

  1. Define and staff positions onsite / remote – based on re-allocation of tasks
  2. Definition of roles and responsibilities
  3. Competence requirements/ cross-training needs
  4. Digital enablers (technology plan)

Contact us to discuss this in more detail or to get a proposal for how we can assist you in your endeavours to improve remote working.

Integrated Operation center Epsis

Software for Operation Center
Enify – A productivity tool for you team.

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We have created the ultimate guide for building operation centers based on experience from 30 worldwide initiatives.

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Real Time Operations

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Real Time Operations

Epsis Business Advisory is specialized in assisting operators to improve operational effectiveness by the optimal use of Real Time Operations.

Using our “Real Time Operations Assessment Methodology” we analyze the organization, technology and processes holistically. Depending on the project, this may start with a root cause analysis of drilling and/or production upsets, and range from defining the Real Time Data to be collected, over data management and integration to improved collaborative operating models and performance management.

We can demonstrate that our methodology has helped our clients to achieve improvements in the 100 million range.

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Integrated Operations (IO) Strategy

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Integrated Operations (IO) Strategy

Epsis has specialized in assisting operators in designing, implementing and executing IO strategies.

Through our IO methodology framework, we are supporting operators and suppliers to develop strategies that deliver major performance improvements through integration of people, processes and technology. The strategies create value by enhancing collaboration and decision making across functions and locations, driven by automation and real time data. Improved access and visualization in integrated collaborative work environments help organizations make faster and better decisions. Through applications of standardized, proven technology, development of appropriate (workflow) processes, emphasis on LEAN and minimal organizational set-ups and new ways of working we are improving the efficiency of operations.

In collaboration with our customers, we have contributed to continuous performance improvements and best-in-class results for safe and cost effective operations through improved safety performance, increased production, maximized hydrocarbon recovery as well as CAPEC and OPEX reductions, both for Brown Field operations and in Green Field projects.

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Are you interested in learning more?

We have created the ultimate guide for building operation centers based on experience from 30 worldwide initiatives.

Read more here

Maintenance Optimization

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Maintenance Optimization

Epsis Business Advisory has broad experience in conducting project analyzes and implementation of solutions which realize reduced Personnel On-Board (POB) and sustainable cost reductions within maintenance.

We are challenging maintenance operations, inspections and intervals by analyzing current working practices to optimize the way activities are prioritized, planned and executed.

Together with our customers, we focus on reducing POB and maintenance cost, increasing the degree of CBM (Condition-Based Maintenance) and campaign based maintenance. Furthermore, we reduce number of companies involved in operations and improve cross-functional collaboration to achieve optimization of activities through bundling of services and cross training of personnel. We also help increase the execution efficiency of field work by introduction of mobility solutions.

Typical project savings could be up to (NPV 5) NOK 85.000.000 with POB reductions up to 30% (per asset).

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Concurrent Design

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Concurrent Design

Epsis defines Concurrent Design as a structured methodology for multidisciplinary teamwork in projects where tasks are performed in parallel rather than sequentially. Central to the work method are well prepared work sessions, where decisions are taken and progress created.

Epsis Business Advisory has supported a wide range of customers in various industries implementing this methodology. Our advisors give courses and training for teams and facilitators; establish plans for concurrent work sessions, advice on establishing dedicated work arenas, facilitate work sessions and lead methodology implementation projects.

The results of implementing Concurrent Design (also known as Lean Construction and Design, Concurrent Method, Concurrent Engineering or “Samtidig Plan og Prosjektering”) are higher quality and innovation in the project, higher efficiency and utilization of staff, increased learning – and of course, it is fun!

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