Project: BP Kwinana Refinery
State: WA
Services: Independent Estimating and Cost Control
Project Cost: AUD$75m per annum
Date: 2004 - present
The Project
The BP Refinery in Kwinana is the largest oil refinery in Australia, with a nameplate capacity of 138,000 barrels/day. It processes crude oil to manufacture products including petrol, diesel, liquefied petroleum gas (LPG), aviation gasoline, jet fuel and bitumen. BP UltimateTM, produced at the refinery, is the cleanest petrol made in Australia. The refinery employs around 340 people directly, and approximately 200 others by contract.
Our Involvement
Providing cost control since 2004, the Aquenta team were initially engaged to perform the independent cost control role on the Clean Fuels Project. The commission was subsequently extended to cover the 2006 RCU Shutdown. Since January 2005 we have involved in the provision of independent cost estimating for all capital works projects in excess of $250K. We also facilitate risk analysis workshops using a Monte Carlo simulation model to statistically determine the appropriate level of contingency to be added to each estimate thereby providing a true P50 estimate for BP.
The Outcome
Full services of Cost Planning, Detailed Estimating, Risk Mitigation, and Contract Management continue to assist in the delivery of individual projects on time, and on budget.