Enhance start-up and operations readiness for new LNG project expansions. Mitigate risk.
Large investments in LNG operations necessarily place significant focus on budget and scheduling. In contrast, future operations can be based on overly optimistic assumptions and could equally benefit from sharp focus. To ensure best-in-class performance of your LNG complex, an independent, fact-based analysis compared against top-performing competitors can generate valuable insight. After decades of benchmarking the energy industry, Solomon knows what good looks like in key operational areas. Often recognized for quality and trusted benchmarking assets from Upstream to Downstream, including operating LNG facilities, Solomon brings significant insight that can help improve operational performance in new LNG projects and expansions.
Solomon's Capital Investment Analysis (Q1 Day 1™) solution applies our proven Comparative Performance Analysis™ (CPA™) methodology and proprietary industry databases to evaluate the expected performance of LNG capital projects during all phases of the project. Results identify areas to enhance and optimize the design, operational strategies, cost structures, and net cash margin of your investment.
Leverage our extensive proprietary database of operational performance information and
recent engagements in refining, chemicals, polymers, LNG, gas processing, pipelines, terminals, power generation, and integrated operations.
Insights have been very helpful and will be put to good use in our planning process. Solomon identified efficiency improvements (maintenance, personnel, other fixed costs) up to 50M USD/yr and potentially another 10–20M USD/yr in margin from energy reduction and mass balance improvement. LNG OPERATOR
Solomon has the credibility and confidence we are looking for. COMPETITIVE PERFORMANCE MANAGER, GAS PROCESSING FACILITY EXPANSION
Thank you for the presentation, I enjoyed it fully, like I am watching an award-winning movie. It was very informative and comprehensive. You managed to take us through in a very simple and reaching manner. HEAD, PRODUCTION PLANNING, PETROCHEMICALS FACILITY
Benefit from Solomon's 40 years of operational performance benchmarking experience:
- Understand competitor performance.
- Evaluate the market and business impacts.
- Optimize energy and yield performance.
- Augment cost structure and budget planning.
- Enhance staffing plans to support start-up and establish stable operations.
- Improve new asset reliability and utilization.
- Increase your bottom line/net cash margin.
Our midstream database has data for more than 300 pipeline systems and 650 liquid terminals.
If your organization is new to one of our studies or has experienced challenges completing the study data input forms, Solomon can help. Data quality and a proven benchmarking methodology enable results and insight you can trust. Contact us today!
Solomon is that ours is the only third-party benchmarking assessment that visibility into trends in yields and reliability. Advisory services to companies operating throughout the energy value chain.