REES – Ramboll Energy Estimating System

REES – Ramboll Energy Estimating System

Why REES?

  • Reduces investment risks.
  • Allows for better and faster decision-making.
  • Produces cost estimate data within a shorter period compared to other cost estimating tools. 
  • Allows for more time spending on the qualification of data

André Smith

Head of Oil & Gas, Norway

T: +47 934 01 816

Jan-Trygve Marheim

Specialist Manager, NS Weight & Cost

T: +47 951 01 482

Reliable cost estimates are vital for decision-making

When a new energy infrastructure project is born, energy companies and operators need qualified cost estimates to materialise their ideas. 

At Ramboll we have developed a new system to help our clients produce reliable cost estimates covering the whole project lifecycle, from concept through detailed engineering. The Ramboll Energy Estimating System (REES) is developed in collaboration with Omega and runs on a Project Information Management System (PIMS) platform. 

The system provides detailed, bottom-up, and well-documented cost estimates benchmarked against a historical database that includes over 6500 equipment items from more than 100 projects. This gives valuable insights about rates, norms, man-hours, equipment costs, units and weights, and reduces the risk of underestimating the costs related to the resources you need.

In addition, REES is also a great system for the monitoring of client cost estimations during the project lifecycle, allowing adjustment of resource allocation according to your budget.

A solution for smoother project planning

Ramboll has been using REES for estimating costs related to Quantafuel’s plastic-to-liquid plant that is being planned in Denmark. The tool has been essential for analysing cost allocation during the FEED study.

“One of our goals with this project is to standardise a design that can be used to build more plastic-to-liquid plants across Europe and reduce the negative impact of plastic waste.

Although we are in the early stages of the project, securing a successful investment and planning the next phases is truly dependent on the budget and cost allocation. We believe REES will be a great help in this process” says Jens Petter Broby, VP Project Services at Quantafuel ASA.

“One of our goals with this project is to standardise a design that can be used to build more plastic-to-liquid plants across Europe and reduce the negative impact of plastic waste. Although we are in the early stages of the project, securing a successful investment and planning the next phases is truly dependent on the budget and cost allocation. We believe REES will be a great help in this process” says Jens Petter Broby, VP Project Services at Quantafuel ASA.