It's estimated about half of all shutdown projects are delayed by more than 20%; about 80% go over budget by more than 10% and frighteningly; work scope in some cases can increase unexpectedly by up to 50%.
We don't envy you this task.
But while the risks and costs of an STO are well documented the positives can often be over-looked…an increase in equipment asset reliability, continued production integrity and of course a significant reduction in the risk of unscheduled outages or catastrophic failures.
There is so much at stake; so much to gain or lose. That's why Oil & Gas IQ is pleased to announce the dates for Shutdowns and Turnarounds Asia 2014, on 24-25 June in Kula Lumpur Malaysia.
Now in its 11th year globally, I'm afraid this event can't promise you any magic pills or formulas to instantly solve your issues – we know it's not that easy! But once again it will bring together a community of seasoned STO professionals to share the very latest best practice on:
• Planning and scheduling
• Upfront risk identification
• Work scope and contractor management
• Balancing costs control with minimization of down time
• Applying process safety
Our speakers and attendees understand that even a 1% improvement in their ability to plan, execute and manage their shutdown performance can save significant sums of money.
Early Bird: US$2149
Speakers: Managing Director, Bundit Dangkowkiew, Turnaround Excellence Manager, PTT Global Chemicals, Aznaldi Augustia, Project HSSE Manager, Pertamina Hulu Energi Offshore North West Java, Samir Saad Aly, HSE General Manager, Khalda Petroleum Company, Rahan Ahmed, Engineering Specialist, RasGas, Ahmed Abdelhakam Noureldin, Instrumentation and Automatic Control Department Manager, Cairo Oil Refinery Company, Mohamed Daoud, Manager – Projects Quality, Abu Dhabi Onshore Oil Operations (ADCO), Alexander Radach, Radach & Partner