Processes

Prepare front-end engineering design (FEED) and costs

How prepare front-end engineering design (feed) and costs are reshaped as AGI capability advances.

ProcessesPrepare front-end engineering design (FEED) and costs
Prepare front-end engineering design (FEED) and costs — illustrated

Business-as-Code

Read as an executable program — the work decomposed into Code, Generative, Agentic, and Human.

Prepare front-end engineering design (FEED) and costs sits inside a larger value-flow — 1 parent structure it composes into. The hierarchy is grounding, not the story: it tells you which aggregate exposure Prepare front-end engineering design (FEED) and costs inherits.

Where Prepare front-end engineering design (FEED) and costs sits

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How the work flows

Trigger: Approval of a feasibility study or conceptual design for a new petroleum asset initiates the FEED process.

  1. Define the technical scope and basis of design
  2. Develop process flow diagrams and piping and instrumentation diagrams
  3. Determine equipment specifications and draft facility layouts
  4. Formulate a project execution plan and construction timeline
  5. Estimate capital and operational costs with high accuracy
  6. Conduct safety, constructability, and compliance reviews
  7. Compile and submit the final FEED package for stakeholder approval

Outcome: A comprehensive engineering design package and accurate cost estimate are completed to serve as the basis for the Final Investment Decision and subsequent EPC contracts.

Measured by

Cost Estimate AccuracyFEED Cycle TimeDesign Change Request RateEngineering Cost Percentage