Consultants to the Hydrocarbon Processing Industries

Thinking, creating, bringing value

Our expertise

Refining, Marketing, Storage, Distribution, Transportation, Petrochemicals and Power
Technical

Project Engineering
Refinery Design
Project Development
Project Management and Implementation

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Technical expertise

Recent experience of Downstream Advisors consultants include:
Engineering :
  • Engineering design, commissioning & start-up of LSFO production unit in Germany
  • Study and Design of Novatek Ust-Luga, Russian refinery
  • Cost Estimates / Contract Review / Project Monitoring
Project Development :
  • Cavern storage projects – analysis & inspection – in UK and Finland
  • Europe Ethane Cracking project
  • Feasibility Studies for Nigerian and Brazilian refinery
  • Feasibility Studies for Nigerian and Brazilian refinery
  • Scoping and Economics for Cartagena refinery upgrade
Commercial

Economics
Planning
Optimization
Negotiations

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Commercial expertise

Our independent consultants are experienced in economics calculations, optimization and negotiations.
We can support your commercial organization with:
  • Economics and Cash-Flow Analysis
  • Capital Planning
  • Market Studies
  • Logistics Studies
  • Feasibility Studies
  • Contract Negotiations
Recent experience of Downstream Advisors consultants include:
  • Refinery assessments & surveillance in Africa
  • IMO2020 Thoughtpiece publication
  • Terminal project economics in The Bahamas
  • Joint Venture valuations in the Ivory Coast
  • Storage and marketing business valuation in Pakistan
  • Asset valuation in Nicaragua
  • Elaboration of tolling agreements in the United States
Financial

Business and Asset Valuation
Transactions

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Financial expertise

Since 2000, our consultants have assisted the competing bidder, buyer, or seller in approximately 25 percent of the refinery transactions occurring in Europe and the Americas.
Recent experience of Downstream Advisors consultants include:
  • Terminal and asset valuation in Laos
  • Crude valuation in The Netherlands
  • Terminal valuation in Ghent, Belgium
  • Business acquisition in Ireland
  • Refinery program strategy in Spain
  • Business plan and financial restructuring and fundraising on the United States Gulf Coast
  • Bank Reports for refinery acquisitions in Europe and the United States
  • Valuation of a refinery and marketing company in Papua New Guinea
Operational

Linear program modeling
Economics and Planning
Trading and Risk Management
Business and Process Improvement
Training

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Operational expertise

Our experts can assist with a multi-faceted approach to operational initiatives.
  • Profit-based focus and measurement – establish Profit and Loss based accounting on all assets and dashboard key drivers
  • Asset and Stream Optimization
    • (Improve molecule management, oil loss control, energy management, risk management
    • Improve refinery optimization, supply chain integration, and optimization through linear program modeling
    • Identify and complete actionable performance and capital improvements)
  • Organization re-engineering

Recent experience of Downstream Advisors consultants include:
  • Linear program modeling in Europe and Argentina
  • Refinery optimization and modeling support in Spain
  • Southerm Med refinery, restart & LP modeling
  • Feedstock / blending evaluation, jet fuel project in US Gulf Coast
  • Gasoline production and blending analysis in Suriname
  • Turnaround planning & review in Germany
  • Refinery economics training in Europe
Due diligence

Financial
Commercial
Assets
M & A

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Due diligence expertise

Our independent experts are highly skilled in the technical, economic, financial aspects of the downstream industries. This enables them to provide clients with high added-value support in conducting transactional due diligence and completing independent business or asset valuations.
Recent experience of Downstream Advisors consultants include:
  • Bitumen Investment Consortium in Brazil
  • Refinery due diligence and acquisition in Argentina
  • Acquisition, financial due diligence in Brazil
  • Refinery acquisition support & due diligence in UK
  • Pipeline acquisition in Canada
  • Technical due diligence in West Virginia, US
  • Project Assessment & refinery acquisition in Cyprus
  • Refinery bid in Rotterdam, The Netherlands
  • Crude storage terminal due diligence in North West Europe
  • Gas plant due diligence in Kazakhstan
Legal

Litigation Support
Testimonies
Appraisals
Independent expertise

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Legal expertise

Recent experience of Downstream Advisors consultants include:
  • Litigation Assistance in Texas, United States
  • Legal support for dispute resolution in The Netherlands
  • Legal support for damages claims in Louisiana, United States
  • Refinery appraisals in Texas, United States
  • Crude contract dispute in Washington, United States
  • Litigation Support in Morocco
  • Expert testimony to FERC regarding TAPS Quality Bank, United States
  • Independent expertise on biodiesel production unit failure

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Technical expertise

Recent experience of Downstream Advisors consultants include:
Engineering :
  • Engineering design, commissioning & start-up of LSFO production unit in Germany
  • Study and Design of Novatek Ust-Luga, Russian refinery
  • Cost Estimates / Contract Review / Project Monitoring
Project Development :
  • Cavern storage projects – analysis & inspection – in UK and Finland
  • Europe Ethane Cracking project
  • Feasibility Studies for Nigerian and Brazilian refinery
  • Feasibility Studies for Nigerian and Brazilian refinery
  • Scoping and Economics for Cartagena refinery upgrade

Commercial expertise

Our independent consultants are experienced in economics calculations, optimization and negotiations.
We can support your commercial organization with:
  • Economics and Cash-Flow Analysis
  • Capital Planning
  • Market Studies
  • Logistics Studies
  • Feasibility Studies
  • Contract Negotiations
Recent experience of Downstream Advisors consultants include:
  • Refinery assessments & surveillance in Africa
  • IMO2020 Thoughtpiece publication
  • Terminal project economics in The Bahamas
  • Joint Venture valuations in the Ivory Coast
  • Storage and marketing business valuation in Pakistan
  • Asset valuation in Nicaragua
  • Elaboration of tolling agreements in the United States

Financial expertise

Since 2000, our consultants have assisted the competing bidder, buyer, or seller in approximately 25 percent of the refinery transactions occurring in Europe and the Americas.
Recent experience of Downstream Advisors consultants include:
  • Terminal and asset valuation in Laos
  • Crude valuation in The Netherlands
  • Terminal valuation in Ghent, Belgium
  • Business acquisition in Ireland
  • Refinery program strategy in Spain
  • Business plan and financial restructuring and fundraising on the United States Gulf Coast
  • Bank Reports for refinery acquisitions in Europe and the United States
  • Valuation of a refinery and marketing company in Papua New Guinea

Operational expertise

Our experts can assist with a multi-faceted approach to operational initiatives.
  • Profit-based focus and measurement – establish Profit and Loss based accounting on all assets and dashboard key drivers
  • Asset and Stream Optimization
    • (Improve molecule management, oil loss control, energy management, risk management
    • Improve refinery optimization, supply chain integration, and optimization through linear program modeling
    • Identify and complete actionable performance and capital improvements)
  • Organization re-engineering

Recent experience of Downstream Advisors consultants include:
  • Linear program modeling in Europe and Argentina
  • Refinery optimization and modeling support in Spain
  • Southerm Med refinery, restart & LP modeling
  • Feedstock / blending evaluation, jet fuel project in US Gulf Coast
  • Gasoline production and blending analysis in Suriname
  • Turnaround planning & review in Germany
  • Refinery economics training in Europe

Due diligence expertise

Our independent experts are highly skilled in the technical, economic, financial aspects of the downstream industries. This enables them to provide clients with high added-value support in conducting transactional due diligence and completing independent business or asset valuations.
Recent experience of Downstream Advisors consultants include:
  • Bitumen Investment Consortium in Brazil
  • Refinery due diligence and acquisition in Argentina
  • Acquisition, financial due diligence in Brazil
  • Refinery acquisition support & due diligence in UK
  • Pipeline acquisition in Canada
  • Technical due diligence in West Virginia, US
  • Project Assessment & refinery acquisition in Cyprus
  • Refinery bid in Rotterdam, The Netherlands
  • Crude storage terminal due diligence in North West Europe
  • Gas plant due diligence in Kazakhstan

Legal expertise

Recent experience of Downstream Advisors consultants include:
  • Litigation Assistance in Texas, United States
  • Legal support for dispute resolution in The Netherlands
  • Legal support for damages claims in Louisiana, United States
  • Refinery appraisals in Texas, United States
  • Crude contract dispute in Washington, United States
  • Litigation Support in Morocco
  • Expert testimony to FERC regarding TAPS Quality Bank, United States
  • Independent expertise on biodiesel production unit failure

Meet the team

The team of independent consultants has expert knowledge in technical, financial, and commercial aspects of the hydrocarbon processing industries – refining, marketing, storage, transportation, petrochemicals, and power.

Steven Graybill
President

Alain De Plaen
Vice President

Rick Duszynski
Vice President

Hameed Alaba
Consultant

Eduardo Araujo
Consultant

Luiz Armando
Consultant

Edward Arnold
Consultant

Stephen Beeston
Consultant

Tania Carlos
Consultant

Ward Davis
Consultant

Rodrigo Falco
Consultant

Helena Gaudencio
Consultant

Casey Hines
Consultant

Ciro Izarra
Consultant

Marcelo Matthiesen Ianase
Consultant

Norberto Macias
Consultant

Antonio Mawad
Consultant

Ashley McNeal
Project Manager

Eduardo Moreira
Consultant

Ed Palmer
Consultant

William Peltier
Consultant

David Pullan
Consultant

Eyra Salazar
Consultant

Mark Stanger
Consultant

Ludovico Tomasi
Consultant

Jana Verberg
Consultant

Our worldwide experience

Technical
Plastics to Oil
2020
LSFO Project Design, Commissioning & Start-up - Germany
2018 - 2020
Project Report - US, Texas
2018
Cavern Storage Project - UK
2016
Cavern Storage, Project Analysis & Inspection - Finland
2016
Project Development Europe Ethane Cracking - Europe
2015
Commercial
Plastics to Oil
2020
Refinery Assessment & Surveillance - Africa
2019 - 2020
LSFO Project Design, Commissioning & Start-up - Germany
2018 - 2020
Refinery Project Owner's Engineer - Africa
2019 - 2020
Smartblend License Support - US
2018 - 2019
GTL Project Assessment - Bahamas
2018 - 2019
Refinery Economics Report - Bahamas
2018 - 2019
Terminal Valuation - Australia
2019
IMO 2020 Thought Piece - UK
2019
Refinery Feasibility Study - Africa
2018
Pasadena Refinery Acquisition - US, Texas
2018
LP Modeling, Project Assistance - The Netherlands
2016 - 2018
Terminal Valuation and Business - Myanmar
2015 - 2018
Feasibility study - US, Texas
2018
Storage and Marketing Business Valuation - Pakistan
2017
Valuation - Singapore
2017
Refinery Assistance - Argentina
2017
Project Economics Vacuum Tower - Germany
2016
Airport Fuel Pricing Service - Myanmar
2016
Joint Venture Valuations - Ivory Coast
2016
Valuation of assets - Nicaragua
2016
Tolling Agreement - US
2016
Tolling Agreement - US, Oklahoma
2016
Market Study:Consultant Company Survey - Saudi Arabia
2016
Business Valuation - UK
2015
Assets Valuation - Botswana
2015
Financial
Project technology - Canada
2019
License Agreement Advisory, Refinery DD - US, Texas
2019
Crude Valuation - The Netherlands
2018
Terminal Valuation - Belgium
2018
Lagos Business Valuation, Terminal Valuation, Asset valuation - Nigeria
2016 - 2018
Business Acquisition - Ireland
2017
Refinery Program Strategy - Spain
2016
Joint Venture Valuations - Ivory Coast
2016
Business Plan & Financial Restructuring, Fundraising - US Gulf Coast
2015
Due Diligence
Bitumen Investment Consortium - Brazil
2020
Acquisition, Financial Due Diligence - Brazil
2020
Refinery Acquisition Support & Due Diligence - UK
2020
Pipeline Acquisition - Canada
2019
Southern European Refining - Greece
2019
Bitumen Business - UK
2019
Refinery Due Diligence - US, Louisiana
2019
Technical Due Diligence - US, West Virginia
2019
Refining Business Acquisition - Spain
2018
Project Assessment & Refinery Acquisition - Europe
2018
Refinery Assessment & Due Diligence - US, Philadelphia
2018
Terminal Due Diligence - Hawai
2018
Refinery Bid - The Netherlands
2018
Refinery Due Diligence - Denmark
2017
Crude Storage Terminal Due Diligence - North-West Europe
2017
Refinery Due Diligence and acquisition - Argentina
2016 - 2017
Gas Plant Due Diligence - Kazakhstan
2017
Operational
Refinery LP Modeling, Studies, Trainings - Germany
2015 - 2020
LSFO Project Design, Commissioning & Start-up - Germany
2018 - 2020
South Med Refinery, Restart & LP modeling - Morocco
2016 - 2019
Refinery Optimization & Modeling Support - Spain
2018 - 2019
Refinery Economics Training - Belgium
2019
LP Modeling, Turnaround Planning & Review - Germany
2015 - 2016
Refinery Tank Bottoms Valuations - Papua New Guinea
2016
Market Analysis & LP modeling - Switzerland
2015 - 2016
Feedstock / Blending Evaluation, Jet Fuel Project - US Gulf Coast
2015
Legal Support
Litigation Assistance - US, Texas
2019
Legal Support for Dispute Resolution - The Netherlands
2019
Litigation Support - Morocco
2017 - 2019
Legal Support for Damages Claim - US, Louisiana
2018
Refinery Appraisals - US, Texas
2016 - 2018
Crude Contract Dispute - North America
2016
Map

Due Diligence - Brazil

  • Bitumen Investment Consortium
  • 2019 - 2020

Commercial - US, Oklahoma

  • Plastics to Oil
  • 2020

Commercial - US, Oklahoma

  • Tolling Agreement
  • 2016

Commercial - Africa

  • Refinery Assessment & Surveillance
  • 2019 - 2020

Operational - Germany

  • Refinery LP Modeling, Studies, Trainings
  • 2015 - 2020

Commercial - Germany

  • Project Economics Vacuum Tower
  • 2016

Technical/Commercial/Operational - Germany

  • LSFO Project Design, Commissioning & Start-up
  • 2018 - 2020

Operational - Germany

  • LP Modeling, Turnaround Planning & Review
  • 2015 - 2016

Due Diligence - Brazil

  • Acquisition, Financial Due Diligence
  • 2020

Commercial - UK

  • IMO 2020 Thought Piece
  • 2019

Commercial - UK

  • Business Valuation
  • 2015

Due Diligence - UK

  • Refinery Acquisition Support & Due Diligence
  • 2020

Due Diligence - UK

  • Bitumen business
  • 2019

Technical - UK

  • Cavern Storage Project
  • 2016

Commercial - Africa

  • Refinery Project Owner's Engineer
  • 2019 - 2020

Due diligence - Canada

  • Pipeline Acquisition
  • 2019

Financial - Canada

  • Project Technology
  • 2019

Due Diligence - Greece

  • Southern European Refining
  • 2019

Operational - Morocco

  • South Med Refinery, Restart & LP Modeling
  • 2016 - 2019

Operational - Spain

  • Refinery Optimization & Modeling Support
  • 2018 - 2019

Due diligence - Spain

  • Refining business Acquisition
  • 2018

Financial - Spain

  • Refinery Program Strategy
  • 2016

Legal support - US, Texas

  • Refinery Appraisals
  • 2016 - 2018

Technical - US, Texas

  • Project Report
  • 2018

Commercial - US, Texas

  • Feasibility Study
  • 2018

Financial - US, Texas

  • License Agreement Advisory, Refinery DD
  • 2019

Legal Support - US, Texas

  • Litigation Assistance
  • 2019

Commercial - US, Texas

  • Pasadena Refinery Acquisition
  • 2019

Due Diligence - US, Louisiana

  • Refinery Due Diligence
  • 2019

Legal Support - US, Louisiana

  • Legal Support for Damages Claim
  • 2018

Due Diligence - US, West Virginia

  • Technical Due Diligence
  • 2019

Commercial - US

  • Smartblend License Support
  • 2018 - 2019

Commercial - US

  • Tolling Agreement
  • 2016

Legal Support - North America

  • Crude Contract Dispute
  • 2016

Training - Belgium

  • Refinery Economics Training
  • 2019

Financial - Belgium

  • Terminal Valuation
  • 2018

Legal Support - The Netherlands

  • Legal Support for Dispute Resolution
  • 2019

Financial - The Netherlands

  • Crude valuation
  • 2018

Due Diligence - The Netherlands

  • Refinery Bid
  • 2018

Commercial - The Netherlands

  • LP modeling, Project Assistance
  • 2016 - 2018

Commercial - Bahamas

  • GTL Project Assessment
  • 2018 - 2019

Commercial - Bahamas

  • Refinery Economics Report
  • 2018 - 2019

Commercial - Australia

  • Terminal Valuation
  • 2019

Legal Support - Morocco

  • Litigation Support
  • 2017 - 2019

Due Diligence - Europe

  • Project Assessment & Refinery Acquisition
  • 2018

Commercial - Africa

  • Refinery Feasibility Study
  • 2018

Due Diligence - US, Pennsylvania

  • Refinery Assessment & Due Diligence
  • 2018

Financial - Nigeria

  • Lagos Business Valuation, Terminal Valuation, Asset Valuation
  • 2016 - 2018

Commercial - Myanmar

  • Terminal Valuation and Business
  • 2015 - 2018

Commercial - Myanmar

  • Airport Fuel Pricing Service
  • 2016

Due Diligence - Hawai

  • Terminal Due Diligence
  • 2018

Due Diligence - Denmark

  • Refinery Due Diligence
  • 2017

Financial - Ireland

  • Business Acquisition
  • 2017

Commercial - Pakistan

  • Storage and Marketing Business Valuation
  • 2017

Commercial - Singapore

  • Valuation
  • 2017

Commercial - Argentina

  • Refinery Assistance
  • 2017

Due Diligence - Argentina

  • Refinery Due Diligence and Acquisition
  • 2016 - 2017

Due Diligence - Kazakhstan

  • Gas Plant Due Diligence
  • 2017

Commercial - Nicaragua

  • Valuation of Assets
  • 2016

Technical - Finland

  • Cavern Storage, Project Analysis & Inspection
  • 2016

Commercial/Financial - Ivory Coast

  • Joint Venture Valuations
  • 2016

Operational - Papua New Guinea

  • Refinery Tank Bottoms Valuations
  • 2016

Operational - Switzerland

  • Market Analysis & LP Modeling
  • 2015 - 2016

Commercial - Saudi Arabia

  • Market Study: Consultant Company Survey
  • 2016

Commercial - Botswana

  • Assets Valuation
  • 2015

Due Diligence - North-West Europe

  • Crude Storage Terminal Due Diligence
  • 2017

Technical - Europe

  • Project Development Europe Ethane Cracking
  • 2015

Financial - US Gulf Coast

  • Business Plan & Financial Restructuring, Fundraising
  • 2015

Operational - US Gulf Coast

  • Feedstock / Blending Evaluation, Jet Fuel Project
  • 2015

Keep in touch

Downstream Advisors, Inc.
Head Office

5151 Belt Line Road, Suite 375

Dallas, Texas, 75254

T : +1 972.980.7215

Reach Us

info@downstreamadvisors.com

Europe

136 Avenue Orban

1150 Brussels, Belgium

M : +32 473.34.34.97