TPM Solutions has helped many clients achieve results. Learn more about our many success stories with clients across the energy sector. See our success stories below!
ASIA PETROCHEMICAL PLANTWIDE OPTIMIZATION
A large Korean Petrochemical complex comprising Condensate Fractionator, Aromatics and Olefins plants struggled to make the optimum processing decisions in the face of changing market prices and plant constraints. Our Prize BML™ plantwide optimization was deployed and is supported on a daily basis through a subscription service to increase complex-wide gross profit margin by optimizing the overall feed make-up and optimizing the integration between individual plants to maximize the recovery of the most valuable products in near real time.
ASIA REFINERY ENERGY AND MARGIN IMPROVEMENT
A large integrated refinery and petrochemical complex wanted to improve energy consumption and emissions while improving refining margins. The first phase of the project targeted the capture of low capital/no capital opportunities in the range of US$2 - 5 MM/Year benefits while maximizing low quality energy recovery, optimizing hydrogen production and use and maximizing LPG recovery and Crude Unit throughput. Our team conducted a comprehensive Opportunity Capture workstream together with the client team, to develop and implement opportunities to improve margins and reduce energy costs. In parallel a multi-unit Prize BML proof of concept Optimizer was deployed.
NORTH AMERICAN REFINER CORPORATE ENERGY MANAGEMENT PROGRAM
Project at nine refineries to capture low capital/no capital energy opportunities in the range of US$2-6 MM/Year benefits per refinery and improve Solomon EII number by 3 - 5 points. Optimize hydrogen production and use and maximize LPG recovery while maintaining fuel gas heating value. Opportunity Capture workstream with the client team develop and implement opportunities to improve margins and reduce energy costs in parallel with the deployment of a dashboard system to support Operations with the optimization of energy, hydrogen, and LPG economic drivers consistent with the refinery plan, current economics and current plant constraints. Developed and implemented best practice business processes to continuously improve and maintain the system provided.
ASIAN NATIONAL ENERGY COMPANY CONNECTED WORKER PROGRAM
Our team is working with the central digital, research and technical teams as well as individual operating units to test and deploy connected worker solutions to field workers. To date Realwear devices and software applications for remote assistance and mentoring have been rolled out on offshore production platforms, a floating LNG production unit, an Oil & Gas terminal, a large refining and petrochemical complex and a major onshore LNG liquefaction facility. Designs for digital workflow for processes such as inspections are underway.
MULTINATIONAL SERVICE COMPANY CONNECTED WORKER PROGRAM
The Surface division of a major energy services company has begun rolling out Connected Worker support for it’s drilling operations in Asia and the Middle East. Company workers at the drilling site are supported by remote experts over live voice and video link in a hands free mode so that they can communicate while performing work tasks.
MIDDLE EAST VALUE CHAIN OPTIMIZATION IMPLEMENTATION
A large integrated oil company with three Middle Eastern refineries struggled with optimizing its crude purchases and product sales. Our team worked closely with client professionals to develop a hydrocarbon value chain strategy, implement key value chain business processes, and create and stand up a value chain optimization group. We also led the change management needed to adopt and implement new business processes and technologies. The client benefited from a $15+ million annual improvement in operating margin.
VALUE CHAIN AND HYDROCARBON ACCOUNTING DIAGNOSTIC AND BEST PRACTICES
A large refiner needed an independent review of its hydrocarbon accounting practices as it changed ownership. Our team reviewed its current hydrocarbon accounting practices and advised on best practices in this area. Our analysis then helped the client see how to better control its hydrocarbon value chain from the wellhead to the wholesale distribution network. The client used the results of this work to redesign its value chain hydrocarbon accounting business processes and initiate a major value chain optimization effort, all within compliance with Sarbanes-Oxley.
LATIN AMERICA VALUE CHAIN ORGANIZATIONAL DEVELOPMENT
A newly-privatized Latin American oil company needed help implementing an integrated wellhead to retail station value chain optimization capability. Our team developed the integrated supply planning organization, tools and methodologies needed to optimize the value chain across several refineries, distribution terminals and retail stations. Our staff developed job descriptions, performance measurements tools, organizational structures and work processes, as well as the change management tools needed to support the activities.
RINS AND RFS2 MARGIN IMPROVEMENT
An integrated oil company with operations in Asia and the Americas experienced rapidly increasing compliance costs related to RFS2. Our team of industry specialists analyzed current industry trends, how competitors were handling RINs compliance, and current spending and processes. The review yielded specific strategies and approaches that helped the client save more than $20 million per year while improving compliance with the EPA.