Unique Dual Core Acid Gas Removal Membrane Technology Reduces Total Cost of Ownership for South East Asia Gas Plant

2018 ◽  
Author(s):  
Ankur Jariwala ◽  
David Knight ◽  
En M Faudzi Mat Isa
Keyword(s):  
East Asia ◽  
Membrane Technology ◽  
South East Asia ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Acid Gas ◽  
Cost Of Ownership ◽  
Gas Removal ◽  
Dual Core

Reducing ABEX Uncertainties through Hybrid LSTK Contracting: A Factory EPSm Pilot Case Study in South East Asia

2021 ◽  
Author(s):  
Steven A. Canny
Keyword(s):  
Risk Factors ◽  
Pilot Project ◽  
Pressure Control ◽  
South East Asia ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Lump Sum ◽  
Cost Of Ownership ◽  
Well Abandonment ◽  
Jack Up

Abstract Well abandonment and the associated abandonment expenditure (ABEX) are necessary stages in the post cessation of production (Post COP) phase of the asset lifecycles. There are significant risk factors present, which vary in the frequency and severity based on a multitude of factors pertaining to environment, age, well construction techniques and stratigraphy, to name a few. In the case of well isolation and abandonment operations there are opportunities to innovate through factory project execution techniques and commercial approaches, which are enhanced where standardization and commonality of well architecture is present. These techniques focus on reducing risk factors and creating value where conventional thought suggests there is marginal cashflow benefit, in asset retirement obligation expenditure. Through a reduction in the total cost of ownership (TCO), project financial performance below the estimated provisions, can unlock cashflow from relief adjustments on long term liabilities. The Engineering, Procurement, Services management (EPSm) lump sum partial turnkey contracting approach was developed to assist operators in unlocking cashflow in ABEX provisions, through risk reduction via front end well engineering and integration of service provision, allied to fixed price lump sum contracting to control project cost creep due to unforeseen events. A pilot project was undertaken in South East Asia, delivering 64 permanently abandoned wellbores in 38 consecutive days, representing over 8,300-man hours and over 3,500 operating hours. The EPSm contracting approach delivered lump sum partial turnkey well abandonment services in a high-volume factory well abandonment retirement environment. Operations were executed through a dedicated jack-up drilling rig trimmed to an asset retirement specification to reduce OPEX and increase efficiency. The operational project framework implemented pre-abandonment offline operations prior to rig arrival, then simultaneous operations (SIMOPs) concerning 2 primary worksites: the wellhead platform weather deck and the jack-up rig cantilever. Standalone concurrent Phase I slickline operations comprising of two units, were performed offline on the wellhead platform with pressure control equipment to execute primary reservoir isolation operations. Phase II & III operations were executed above, on the jack-up rig cantilever through the drilling riser and pressure control equipment, executing the overburden and surface isolation operations, minimizing online operating time of the jack-up rig. Key Learnings from the pilot project are presented, along with pilot project key performance indicators. The project learning curve, and human performance factors provide insights to areas where there are synergies and opportunities to further reduce risk and the total cost of ownership through an Engineering, Procurement, Services management (EPSm) contracting approach.

Total Cost of Ownership – Neue Antworten auf alte Fragen

2006 ◽  
Vol 101 (7-8) ◽  
pp. 435-439
Author(s):  
Walther Maier ◽  
Johannes Rothmund ◽  
Uwe Heisel
Keyword(s):  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Total Cost of Ownership-Betrachtungen von Werkzeugmaschinen

2016 ◽  
Vol 111 (12) ◽  
pp. 798-801
Author(s):  
Gisela Lanza ◽  
Volker Schulze ◽  
Farboud Bejnoud ◽  
Tom Stähr ◽  
Anne Wruck ◽  
...  
Keyword(s):  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Heavy Lifters, India: Towards a Circular Economy Era

2021 ◽  
pp. 097226292110435
Author(s):  
Anupama Prashar
Keyword(s):  
Operations Management ◽  
Circular Economy ◽  
Business Models ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Planning And Control ◽  
Cost Of Ownership ◽  
Challenges And Opportunities ◽  
And Control ◽  
The Impact

The case helps students to understand the emerging concept of linear and circular economies. It facilitates to examine the implications of circular business models such as remanufacturing on operations management decisions. It also introduces them to the concept of total cost of ownership and impact of remanufacturing on reducing total cost of ownership. The cases help students to evaluate the challenges and opportunities of remanufacturing business in emerging economy like India. This case is among the first few cases on the application of circular economy principles in context of heavy-duty and off-road sector and the impact of these principles on product design and production planning and control decisions.

Der richtige Kompromiss zwischen Energieeffizienz und Variantenreduzierung

Konstruktion ◽  
2019 ◽  
Vol 71 (07-08) ◽  
pp. 44-47
Keyword(s):  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Große Intralogistikprojekte für Flughäfen oder Paketzentren müssen verschiedene konkurrierende Ansprüche unter einen Hut bringen. Nord Drivesystems setzt dabei für die Antriebstechnik auf einen umfassenden TCO (Total Cost of Ownership) -Ansatz, der sowohl den Systemintegratoren als auch den Betreibern gerecht wird. Der Schlüssel zum besten Kompromiss ist ein individuell zugeschnittenes Antriebskonzept, das nachfolgend vorgestellt wird.

Ausfallanalyse von Werkzeugmaschinen*/A reliability analysis of machine tools - Total Cost of Ownership 2.0 in relation to the application

2017 ◽  
Vol 107 (07-08) ◽  
pp. 507-510
Author(s):  
T. Stähr ◽  
G. Prof. Lanza
Keyword(s):  
Machine Tool ◽  
Reliability Analysis ◽  
Machine Tools ◽  
Economic Cost ◽  
Lifetime Prediction ◽  
Failure Behavior ◽  
Cost Consideration ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Realitätsnahe Lebensdauerprognosen sind für eine ganzheitliche, betriebswirtschaftliche Kostenbetrachtung sehr wichtig. Wirtschaft und Forschung bemühen sich seit Langem, die Total Cost of Ownership (TCO) von Werkzeugmaschinen zu berücksichtigen. Eine Umfrage unter Herstellern und Betreibern von Werkzeugmaschinen analysiert Verbreitung, erwartete Potentiale sowie Hemmnisse von TCO-Betrachtungen. Anhand der Anforderungen der Branche wurde ein Modell mit Fokus auf der belastungsabhängigen Beschreibung des Ausfallverhaltens von Maschinen und Anlagen entwickelt, das in bestehende Standards eingebettet werden kann.   A realistic lifetime prediction is highly valued in a holistic economic cost consideration. For years, industry and research have endeavored to consider the Total Cost of Ownership (TCO) of a machine tool. A survey of manufacturers and operators of machine tools analyzes distribution, expected potential and obstacles of TCO. Based on the identified requirements, a model that can be integrated into existing standards has been developed. It focuses on failure behavior of machines and plants, taking stresses into account.

scholarly journals Effects of providing total cost of ownership information on consumers’ intent to purchase a hybrid or plug-in electric vehicle

2015 ◽  
Vol 72 ◽  
pp. 71-86 ◽  
Author(s):  
Jerome Dumortier ◽  
Saba Siddiki ◽  
Sanya Carley ◽  
Joshua Cisney ◽  
Rachel M. Krause ◽  
...  
Keyword(s):  
Electric Vehicle ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Intent To Purchase ◽  
Cost Of Ownership

scholarly journals The Impact of Using the Total Cost of Ownership (TCO) Account for a Reusable Wooden Flat Pallet in Its Operational Phase on Respecting the Principles of Sustainable Development

Resources ◽  
2021 ◽  
Vol 10 (11) ◽  
pp. 116
Author(s):  
Mariusz Jedliński ◽  
Mariusz Sowa
Keyword(s):  
Sustainable Development ◽  
Supply Chains ◽  
Essential Element ◽  
Basic Research ◽  
Primary Data ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership ◽  
Operational Life ◽  
The Impact

Despite the commonly observed trend towards mechanization and automation of operational processes, the potential benefits of wooden pallets as an essential element of the infrastructure of logistic processes are often overlooked in considerations related to sustainable development. Aspects that are mentioned more often include the very idea of the economy itself (circular economy), characteristics of logistics (green), features of the supply chain itself (sustainable) or expectations towards transport (ecological). The authors believe that the idea of total cost of ownership (TCO) in relation to wooden pallets can be a key component of holistic thinking in terms of sustainable development. In a situation where in relation to logistics, reasonable expectations for developing sustainable supply chains are made, paying attention to such a common logistic facility, namely a cargo pallet, which is given so little attention in research, is, in the opinion of the authors, absolutely justified. Therefore, the article presents an original approach to the problem of aggregation of all costs that cargo pallets generate in their operational life cycle, using the total cost of ownership (TCO) analysis methodology. The main goal of the article, however, is to show that the total cost of ownership of a pallet (not only owning it) can become an effective tool used to significantly reduce the costs of logistic activity of enterprises (as well as whole supply chains) and support the idea of sustainable development in practice. Using the primary data from questionnaire research, the focus was on considerations that were of identification character (cognitive and explanatory considerations), which are typical for basic research that aims to explain given phenomena. Thus, the presented cognitive process covers two main areas, namely: the general theory of sustainable development and the specificity of wooden pallets as carriers used in goods trading in terms of their total costs of ownership.

scholarly journals Electric versus conventional vehicles for logistics: A total cost of ownership

2013 ◽  
Vol 6 (4) ◽  
pp. 945-954 ◽  
Author(s):  
Cathy Macharis ◽  
Philippe Lebeau ◽  
Joeri Van Mierlo ◽  
Kenneth Lebeau
Keyword(s):  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership
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