Epsis

We care about tomorrows work

Optimization

OPEX/CAPEX Optimization

By

OPEX/CAPEX Optimization

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.

Go back to All Stories

POB Optimization & Operating Model

By

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. 

POB optimization

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.

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

Read more

Maintenance Optimization

By

Maintenance Optimization

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).

Go back to All Stories