1:10 PM Roundtable A - Exploring Critical Elements to Consider Before Entering New Markets for FSRU Projects
It is easy to get the market excited about FSRU projects – however, many projects remain stuck at the FID stage. Most of this delay stems from the lack of proper planning at the beginning. In order to make the economics work, companies need to now look at developing robust Pre-FEED/FEED frameworks at the early design phases to minimise any room for errors along the way. This comprehensive workshop will demystify the concept of value engineering and provide you with practical point-by-point strategies on adopting your own value engineering framework.
· Understand what value engineering means in the FSRU market
· Showcase the value of concerted engineering and proper planning at the start
· Demonstrate real-world examples of how value engineering reduced project delays and additional costs
· Setting clear parameters and guidelines to ensure that value engineering is set for success