Post due diligence review

For a site in the Gas-industry, IP-Solutions has reviewed and analyzed the multi-year sustainable and improvement CAPEX investment program. The objective was to review the existing multi-year CAPEX program on completeness, potential additional compliance requirements, modifications and replacement investments. In order to execute this analyses, IP-Solutions has first reviewed extensively the current state of the equipment with regard to integrity, performance, compliance and safety. This, together with the future expectations of equipment usage, has been compared with the investment program which was already in progress. Furthermore, the project management approach and scoping process of the CAPEX program was reviewed. The analyses has led to several recommendations for alternative investments and investment scenarios, including several recommendations to improve the engineering and project management methodology used.