Introduction

EIED Engineering Departments comprise all the disciplines required for all stages of engineering and design, engineering procurement services, as well as site engineering services related to the design and execution of oil industry projects.

These services include Feasibility Study, Conceptual Design, Basic Engineering, Front End Engineering & Design (FEED), Detail Engineering, Field Engineering Services, all based on the contractual scope requirements and applicable codes and standards as well as EIED Company ISO 9001 Procedures, Work Instructions, Checklists, etc.

In EIED we use the best and the most updated hardware and original software available, and have on-line access to a wealth of in-house documents and data developed in our company in the past 20 years in all sorts of oil, gas, and petrochemical projects.

Depending on the scope of each project the required number and experience levels of engineering staff from each department are allocated to the project to work within their respective departments under their discipline Lead Engineer (PMBOK Functional Matrix scheme).

Each Lead Engineer represents his/her Discipline before the Project Management team, and oversees the quality and quantity of the deliverables of the discipline according to the defined time schedule, man-hour allocation, and quality requirements.

Feasibility Study

Feasibility Study, in case required by a contract, is the investigation of technical and economic aspects and available alternatives in execution of a potential project in order to find out the best approach to achieve the general goals of that project in terms of technical feasibility, social and environmental acceptability, and economic justifiably.

  Some major considerations in a Feasibility Study are:

  • Investigation and determination of available project locations in view of expected feed and product and utilities types and quantities, and their projected price
  • Technology alternatives
  • Transportation bottlenecks during project execution and production
  • Social impacts
  • Environmental impacts
  • Finance sources and Costs Involved
  • Economic return of the project during its life cycle based on rough estimations (+­ – 20-30 %) CAPital EXpenditures(CAPEX) and OPeration Expenditures (OPEX) of the project alternatives, and comparing it with other investment alternatives  in terms of “Opportunity Costs”.

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