Training Course Overview

Oil Refinery cost management can help modern refineries, by estimating and allocating intermediate product costs, to assist refiners to optimize their production, activities.

The process of planning and controlling the budget of a project can be a very important part of the refinery production processes since production costs are a synthetic index that can reflect the effectiveness of production planning and scheduling. If successful, it can be used to monitor and control refinery unit performance.

By allocating costs to refinery intermediates and finished products the aspect of process plant optimization can be related to system energy management and energy consumption reduction, including but not limited to Crude Unit Utilization CUU providing opportunities to use crudes of lower quality and price.

Training Course Objectives

By the end of this training course, you will be able to:

  • Determine by various techniques the cost of individual streams in the refinery and individual processes
  • Use these costs to calculate the enhancement potential for blending lower cost, on-specification products
  • Optimize refinery utility systems such as cooling water, steam and power generation
  • Apply energy saving techniques to develop energy saving projects
  • Enhance the production planning activities of the refinery via cost management

Designed For

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Process Plant Energy Managers / Coordinators
  • All Professionals involved in Production, Planning and Scheduling
  • Blending Professionals
  • Financial Analysts

The Course Outline

Amongst a wide range of valuable topics, the following will be prioritised:

  • Energy and its Effect on Refinery Profitability
  • Energy Benchmarking
  • Types of Refinery
  • Refinery & Process Utilization
  • Refining Costs
  • Refinery Process Unit Operational Costs Refinery Complexity and Netback
  • Process Heat Integration & Equipment Efficiency:
  • Effective Energy Management
  • Introduction to Pinch Technology
  • Energy Focused Organisation

The Certification

  • Certificate of Completion will be provided to delegates who attend and complete the course

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