At NX Energy, we focus on identifying and unlocking value in every business opportunity, ensuring both technical and commercial viability. Acting as strategic architects, we play a pivotal role in shaping the early stages of project development.
Our integrated approach leverages multi-disciplinary expertise to efficiently analyze data, define project scope, and identify critical decisions, risks, and value drivers. By deeply understanding these core elements, we ensure that all technical and commercial assessments are focused on the key issues, allowing for streamlined execution that is phase-appropriate and cost-effective.
Our commitment to prioritizing ‘results over process’ and ‘delivering with the end goal in mind’ enables us to manage the complexities of the early project stages. This helps us provide clarity on potential solutions and deliver viable alternatives that align with both business goals and strategic direction.
At NX Energy, we define success as selecting the RIGTH project and defining it comprehensively to ensure flawless execution in the subsequent phases. Failure to accomplish either of these objectives can result in the project falling short of its business goals. This makes FEL 2 a critical phase in realizing the full potential of a business opportunity.
This phase gravitates around key decisions-making that are rarely straightforward, given the uncertainties surrounding data, future outcomes, and the broader business context. To navigate this, we engage in structured decision dialogue with our clients, regularly sharing of techno-economic study outcomes, alongside associated decision analyses, ensuring that all stakeholders are aligned throughout the process.
By working closely with our clients, we gain a deep understanding of their contracting needs, project management capabilities, and market trends. This collaboration allows us to balance trade-offs between various contracting approaches and select the one that best manages costs and risks.
With a clear contracting strategy in place, we proceed with concept optimization, addressing high-risk elements ensuring the project is primed for continued success through FEL 3 and Final Investment Decision (FID).
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