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visory Board decision and project authorization.   message at the end of FEL2 evaluation was that
                                  Most of the time this decision process results in a   the project has clear and documented objecti-
                                  period where engineering activities are interrupted.  ves, an optimal definition which provides a good
                                  The IPMA complies with OMV Petrom’s approval   foundation for reaching Best Practical FEL defini-
                                  path, required to get the approval to proceed. In   tion at authorization and the Team Development In-
                                  fact, the practice of issuing the RFP after a phase is   dex resulted in ‘good’ which is higher than industry
                                  completed, associated with the use of pre-tailored   average.
                                  contracts that require only the compilation of sim-  The planned sequence of events is aiming to con-
                                  ple forms with an indication of estimated hours and   firm the third-party analysis in terms of economic
                                  preparation of a few qualifications for the technical   robustness and expected final cost saving objec-
                                  scope, allows the recovery of the time gap needed   tives.
                                  by OMV Petrom to pass the authorization gates.
                                  Once the approval is released, the ASC can be
                                  awarded in a very short time. This is evident in the
                                  projects implemented up to now.
                                                                              The early involvement from the very
                                                                               first phases of the projects led to a
                                  Polyfuel Project – IPMA                    continuous and successful progression
                                  factual effectiveness                             into subsequent phases

                                  A very recent and outstanding example of the effi-
                                  ciency of the improved contractual scheme is the
                                  execution of the Polyfuel project, a grass root plant
                                  integrated  within  Petrobrazi  refinery  configuration   To meet these targets, the Polyfuel project inclu-
                                  that will allow for a shift in refinery production of   des, as agreed with OMV Petrom, some specific
                                  up to 50,000 tons of gasoline and middle distillates   execution requirements related either to the execu-
                                  from LPG components.                     tion of the engineering and procurement services
                                                                           and the strategy for construction works.
                                  The  Front End  Loading  engineering  development   First of all, as already positively experienced in
                                  started with a Process Design Package developed   other projects, early detailed engineering services
                                  by the process licensor of the unit; FEL2 and FEL3   and procurement were carried out during the FEED
                                  were developed and completed by Amec Foster   phase for the main equipment, to achieve the Re-
                                  Wheeler and now the EPCm and Supply & Work   ady for Order step before the EPCm phase was
                                  contracts are under execution. The new unit is ex-  awarded. Once the ECPm contract was in place,
                                  pected to be fully operational beginning of 2019.  in few weeks all main equipment was ordered, en-
                                  IPA (Independent Project Analysis) Pacesetter key   suring the timely delivery of vendor general arran-



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