Oil &Gas projects are really demanding when it comes to estimating. Estimators have to provide estimates and budgets with a continuously evolving scope and often within limited timescales. Nomitech CostOS is designed to build estimates of all classes, from early phase conceptual, through to detailed FEED estimates. Its powerful parametric engine can be used to value engineer projects and fully supports critical decisions about the project such as its scope, engineering parameters, even procurement and fabrication locations of the equipment.

Oil &Gas projects are really demanding when it comes to estimating. Estimators have to provide estimates and budgets with a continuously evolving scope and often within limited timescales. Nomitech CostOS is designed to build estimates of all classes, from early phase conceptual, through to detailed FEED estimates. Its powerful parametric engine can be used to value engineer projects and fully supports critical decisions about the project such as its scope, engineering parameters, even procurement and fabrication locations of the equipment

The early phases of projects are the most challenging with regards to estimating. The assumptions of the Estimator affect dramatically the total estimated cost of the project and thus its scope and future. Nomitech’s parametric engine enables Facility Owners to build methodologies within CostOS and cost models based on previous experience, using historical and commercially available data. Thus, their estimating process can be automated leaving the estimator to focus on value engineering the parameters/ scope of the project, rather than manually pricing them or searching for factors. The engine is highly intuitive and innovative, and enables estimators / engineers to use their experience and build models quickly and easily (an approach that the majority of estimators may never have encountered before). In addition to the above, Nomitech offers ready made conceptual models, in co-operation with consulting firms that have many years of experience in the oil and gas field.