Plant engineering is a complex discipline encompassing various activities throughout the project lifecycle—from conceptual design and feasibility studies to construction, commissioning and operation. The Owner’s Engineer (OE) plays a pivotal role in ensuring each phase is executed efficiently, meeting the project’s technical, financial and regulatory requirements. Below, we elaborate on the key phases in plant...
The role of the Owner’s Engineer (OE) in supervising EPC/FIDIC contracts is indeed pivotal for project success. Here’s a concise breakdown of the OE’s responsibilities during various project phases: 1. Pre-construction phase 2. Design phase 3. Construction phase 4. Commissioning and testing phase 5. Project close-out and handover 6. Claims and dispute resolution Importance of...
Lenders, banks and investment funds involved in financing large-scale energy and industrial projects, such as wind parks and renewable energy developments, can greatly benefit from the expertise of an Owner’s Engineer (OE). Acting as an independent technical advisor, the Owner’s Engineer represents the interests of project developers and financiers, ensuring adherence to high-quality standards throughout...
The responsibilities of the Owner’s Engineer (OE) encompass a wide range of tasks, from overseeing preventive and corrective maintenance to managing warranties, compliance and performance reporting. By providing independent expertise and oversight, the OE helps enhance the reliability, efficiency and financial performance of wind parks. 1. Cost optimization in Operations and Maintenance (O&M) A primary...
Engineering energy finance is a complex field that encompasses the planning, financing, and implementation of energy projects, from renewable energy installations to traditional power plants. The transition of investments from planning to commissioning involves several stages, each requiring meticulous financial planning and technical oversight. The role of the Owner’s Engineer is critical in supervising these...
Engineering energy finance is a complex field that encompasses the planning, financing, and implementation of energy projects, from renewable energy installations to traditional power plants. The transition of investments from planning to commissioning involves several stages, each requiring meticulous financial planning and technical oversight. The role of the Owner’s Engineer is critical in supervising these...
The development and operations of clean energy projects, such as wind farms, solar parks, and hydroelectric facilities, increasingly play a critical role in the global transition towards renewable energy sources. This shift not only aims at reducing carbon emissions but also at ensuring sustainable and secure energy supplies for the future. The successful implementation of...
The manufacturing sector, especially energy-intensive industries, constantly seeks ways to optimize operating costs for sustained viability and competitiveness. One crucial determinant of manufacturing cost is energy expenditure. With fluctuating global energy costs, manufacturing firms are looking to countries offering competitive energy prices such as Montenegro for nearshoring opportunities. Owners.engineer discusses energy costs and how they...
Montenegro and the EU Carbon Border Adjustment Mechanism (CBAM): 1. Economic Implications: Montenegro’s economy heavily relies on energy-intensive industries such as aluminum production, steel, and cement. The introduction of the CBAM will pose challenges for these sectors, as they will face additional costs associated with carbon emissions. To remain competitive, Montenegro will need to adapt...
Montenegro, with its strategic location on the Adriatic Sea and attractive investment climate, can offer several opportunities to US companies. Here are some key aspects that Montenegro can provide: 1. Tourism Development: Montenegro is known for its natural beauty, rich cultural heritage, and picturesque coastline. US companies specializing in hospitality, resorts, and tourism-related services can...
