Optimising Shutdown Strategies
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As operators contend with narrow profit margins, volatile markets and the tightening noose of emissions control optimising, the strategic and diligent planning of a shutdown and turnaround strategy is more important than ever. Approximately half of all shutdown projects are delayed by more than 20% and 80% go over budget by more than 10%.
Oil & Gas IQ spoke to four industry experts to hear their thoughts on the benefits and drawbacks of strategic long-term shutdown planning.
An effective long term shutdown strategy requires professional development, efficient execution and on-time startup to ensure safety and high valve availability and reliability; planning for the long term is key to preserving success and minimising delays in a strategy.