Sustainable concepts for extractives sector
Today’s energy supply systems are increasingly turning to the exploitation of environmentally friendly energy sources. Within the group of fossil energy sources, natural gas is of great significance in this regard. Its progressive adoption plays a key role in securing a climate-friendly energy supply in the future. But also greater efficiency when using oil products in transitional technologies makes a contribution to climate protection.
- Due diligence audits
On the level of long-distance transmission pipeline system operators, but also on a regional level, in recent years there have been numerous company sell-offs. For such transactions, vendors and buyers are provided with comprehensive support by FMC, for example for technical appraisals of facilities, estimation of regulatory framework conditions, market analyses and appraisals of environmentally relevant factors so as to assess their influence on future investment decisions. Furthermore, we undertake analysis and evaluation of possible risks and identify potentials for increasing yields.
- Market studies and master plans
For market investigations, we analyze quantitative and price development data as well as the possible future capacity demand of pipelines and storage facilities. For master plan projects, we prepare a long-term development scenario of the sector and show the optimum sequence of investments in the oil and gas infrastructure under technical and economic criteria.
- Feasibility studies
The expansion and maintenance of infrastructure require major efforts and investments every year. For evaluating investment decisions for pipelines and LNG projects, we check the economic viability of the measures and test their robustness by undertaking scenario analyses.
- Sector reviews
With the push toward good governance of extractive sector administrations in resource rich countries, we fill a growing demand for developing strategic and functional improvements in how ministries, regulators and national resource companies (NOC, NMCs) are structured, function and interact.
References for typical projects
- CPP Investment Board: Due Diligence for the acquisition of the Open Grid Europe gas network
CPP Investment Board: Due Diligence for the acquisition of the Open Grid Europe gas networkA consortium of companies was formed to assess the opportunity to acquire Open Grid Europe by means of the competitive process. The services FMC provided were support to the Consortium as technical adviser and to conduct due diligence services on technical and environmental aspects of the assets including asset quality, OPEX and CAPEX. As a result, FMC performed an upfront desktop study which aimed to gather publicly available information and data of the assets in order to identify potential critical issues and potential risks at limited amount of time.
- Innovation Center Niedersachsen: Energy storage concept Niedersachsen
Innovation Center Niedersachsen: Energy storage concept NiedersachsenThe project aim was to create a development concept for energy storage in Lower Saxony, where Fichtner had to analyze mechanical and chemical formed grid scaled energy storage technologies. The services Fichtner provided within the framework of the concept development were involving the description of surface operating principles and underground storage technologies, the analysis of the potential storage capacity and time for responding to energy needs, and the feasibility with regard to construction and operation. On the basis of the capacity potential analysis and feasibility check, energy storage systems appropriate for Lower Saxony were ranked and compared according to priority and the technical performance of the technologies.
- Development of the market value of natural gas in Italy
Development of the market value of natural gas in ItalyFor a price review under a long term gas sales agreement for the German gas market, the services Fichtner provided were to analyze the development of the value of natural gas according to the market value principle. In the study about the development of the value of natural gas in the Italian gas market Fichtner described the applied methodology, the data sources used and the results. For this our experts examined the development of the legislative framework, the breakdown of the gas volumes into segments, as well as the development of energy prices for alternatives to natural gas and the market prices of gas for each segment.
- Development of gas prices in Germany
Development of gas prices in GermanyOn the basis of a study about the German gas market prepared by Fichtner, as a follow-up study Fichtner was asked to prepare an analysis of the development of gas prices. This analysis was based on actual end-user gas prices published by EUROSTAT. For this purpose, among others, the evolution of prices and market shares in the market segments residential, commercial, industry and power was investigated from 2004 to 2012. In addition the development of costs for transport, distribution and storage was analyzed for the same period.
- EBRD, IFC: Due diligence for the sale of a Turkish gas distribution company
EBRD, IFC: Due diligence for the sale of a Turkish gas distribution companyThe project aim was the privatization of one of the biggest gas distributors in Turkey . The services FMC provided were to acts as technical and environmental consultant for EBRD and IFC. In the framework of the due diligence review that took as its basis the business plan, FMC checked in particular assumptions on the development of gas demand, operating costs and capital investment, and prepared its own projections of these. During a field assignment, selected plants and customers were visited, including the undertaking of a comprehensive review of health, safety and environmental protection standards.
- Due Diligence of a natural gas transportation pipeline on sale
Due Diligence of a natural gas transportation pipeline on saleIn preparation for divestiture of a corporate division to comply with EU legislation on separation of main gas lines and distribution networks, FMC undertook a due diligence review of natural gas transportation pipelines running south from the Dutch/German border and then through Switzerland. As a result, the assets’ strengths and weaknesses as well as the risks of acquisition were analyzed under technical and commercial aspects.
Your contact for Extractive industries (oil, gas, mining)
- Dr. Bernd Gagsch
- Chairman of the Executive Board