Business challenge
Our client had identified a performance gap which they needed support validating, quantifying and closing with a clear, practical roadmap.
A large European oil and gas business needed to understand the full performance potential of its flagship refinery.
External benchmarking had revealed a significant performance gap against its peers. European refineries were going through a phase of market and regulatory change leading to asset closures, so it was critical to address these issues for long‑term viability.
€0m+
in EBIT improvement potential identified (35%)
How we helped
Conduct a diagnostic with a team of industry experts to make very specific and practical recommendations:
- Improve production planning and optimise product mix and volume through liquefied petroleum gas optimisation and better operational execution of the plan
- Increase availability by reducing unit turnaround frequency and duration, increase reliability (both maintenance and process‑related) and reduce process variability
- Reduce maintenance spend through increased tool time, improve contractor management and optimise spans of control
- Address the additional source of lost margin
Key Takeaway
- Benchmarks may give you a top‑down gap assessment but often fail to bring actionable insight
- A short diagnostic with industry experts can give you a prioritised and practical roadmap to closing your performance gap