Advisian

Located near the City of Perm in Russia, Lukoil-Permnefteorgsyntez LLC (Lukeoil) is one of the largest and most technologically advanced refineries in the country. It has a throughput of 13 million tonnes of crude oil, used in the production of a wide-range of high-quality products. The owner of the refinery, PJSC Lukoil, is embarking on an ambitious modernisation agenda and sought a suitable partner to develop a feasibility study for the program.

Advisian has just been awarded feasibility study for PJSC Lukoil’s flagship refinery.

The scope of the feasibility study will cover the following areas:

  • Configuration modelling and screening
  • Licensor evaluation and selection for the best three configurations
  • CAPEX (Capital Expenditure) Class 4 cost estimates
  • Level 1 project execution schedule
  • Project layout development
  • Financial model and economics
  • Decision support package and feasibility study report

To deliver the proposed study scope in line with the client’s expectations, Advisian adopted a bespoke execution methodology. This included the creation of an integrated project team involving various internal Lukoil stakeholders from refinery operations, corporate strategy and their inhouse design institute. We will also employ our proven processes to rationalise the screening process for the myriad of options the client would like considered as part of the study scope.

The study will be supported by cost estimations and financial modelling and will be carried out by Advisian’s teams based in London, Madrid and Chicago.

About Lukoil

LUKOIL is one of the largest publicly traded, vertically integrated oil and gas companies in the world accounting for more than 2% of the world’s oil production and around 1% of the proved hydrocarbon reserves.

Lukoil’s Business Model

Lukoil’s business model is driven by the principle of efficient vertical integration to create added value and make our business highly resilient through risk diversification.

About Advisian

Creating value by solving the world’s critical resource energy and infrastructure challenges.
Advisian understands your specific commercial, technical and collaboration challenges – proudly accessing decades of project and business experience to provide informed advice and ensure strategic, practical and commercially-orientated solutions.
As the independent consulting arm of Worley, we provide a true end-to-end offering for clients, with approximately 3,100 consultants across 25 countries integrating strategy, management and technical consulting expertise with deep domain knowledge, backed by real-world experience.

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