Identify Energy Savings Opportunities from Operational “Self-Help “and “Quick Fix” Optimization Approaches

Abstract

The objective of this paper is to describe the importance of formation of a pragmatic Energy Optimization Program (EOP) at the concerned oil and gas facilities. Substantial amount of energy savings can be realized by focusing on initiatives that require no investment or so called “self-help” that can easily be implemented without further a due. A “quick fix” initiative involves a nominal investment; it can also be easily executed without the need for detailed project justification. Given the increasing expectations to oil and gas organizations to maintain a competitive edge in the modern global economy have caused the instability of crude oil as the world’s major commercial energy source for the next coming years and greater commitment to reduce greenhouse gas (GHG) emission. Regardless of during high or low crude oil price, energy is certainly a critical business continuity driver for both users and producers. Having significantly greater EOP to explore energy savings opportunities require many efforts including new efficient equipment, new technology, new processes and approaches which should be given a priority. Ideally, EOP focused team shall effectively participate in early design stage of project, so that all significant energy efficiency concepts will be considered in the design. In reality, many energy efficiency efforts may be missed out as a result of loose energy efficiency definition, less competency of design engineers, hectic project schedule and/or resource constraint.