Project Synopsis

Provide an independent 3rd party due diligence evaluation and plant site visit of a petroleum refinery in Asia.

Project Summary

PETROLEUM REFINERY DUE DILIGENCE REVIEW

Process Engineering Associates, LLC (PROCESS) was subcontracted by the client, an international process engineering firm, to provide a due diligence review of an operating refinery in the Asian Pacific Rim.  The ultimate client is an international capital investment firm that was considering purchasing the refinery. As a part of this project, the following tasks were accomplished:

  • On-site technical review of refinery operations
  • Spot checking of refinery documentation
  • Preliminary process simulation of Crude Tower capacity
  • Identification of general concerns
  • Report generation and project summary.

A Chief Process Engineer from PROCESS reviewed the process design documents (done by others) including the Process Flow Diagrams (PFDs), Piping and Instrumentation Diagrams (P&IDs) and miscellaneous equipment design information.  A trip to the operating facility was performed and multiple site personnel were interviewed, current operations were reviewed, and refinery units were inspected from a process engineering point of view.  All units in the refinery were checked including the following:

  • Crude Distillation Unit
  • Delayed Coker
  • Bitumen Plant
  • Solvent Distillation System
  • Electricity Generation Turbines
  • LPG Storage
  • Nitrogen Unit
  • Utilities
  • Unloading Jetties
  • Tankage.

PROCESS developed a report for the client summarizing general perceptions of the refinery and potential future modifications that could result in higher throughput and/or profitability.

 

Industry Type

  • Petroleum Refining

Utilized Skills

  • Industrial process plant inspection
  • Due diligence support

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