Industry Outlook
January 15, 2025•8 min read
Asset Management Strategies for the Energy Transition
How energy companies are adapting fixed asset practices for decarbonization initiatives and renewable integration.
By Michael RichardsonRead
Global Energy Practice
Fixed Asset Excellence for the Energy Industry
CPCON delivers specialized fixed asset management across the entire energy value chain, from oil & gas, petrochemicals to mining operations worldwide.
Serving:
Oil Refineries
Upstream Oil & Gas
LNG & Gas Plants
Petrochemicals
Power Generation
Mining & Metals
Energy Practice Highlights
$50B+
Energy Assets Managed
500+
Energy Projects
45+
Countries Served
25+ dedicated energy sector specialists
Comprehensive Energy Coverage
Specialized Expertise Across Energy Sub-Industries
Our dedicated energy practice teams bring deep domain knowledge to every segment of the energy value chain, from exploration to end-user distribution.
Oil Refineries
Downstream processing facilities
Comprehensive fixed asset management for refinery operations including distillation units, cracking facilities, storage tanks, and auxiliary systems. Our teams have inventoried assets at refineries processing over 5 million barrels per day globally.
Key Capabilities
Process unit componentization
Turnaround asset verification
Tank farm inventory management
Environmental equipment tracking
120+
Projects Completed
$18B+
Assets Managed
Why CPCON for Energy
The CPCON Energy Advantage
Purpose-built capabilities for the unique demands of energy sector fixed asset management
Safety-First Methodology
Our teams are trained and certified for hazardous environments including H2S, confined spaces, and high-voltage areas. We maintain impeccable safety records across all energy sector engagements.
Zero lost-time incidents
Global Deployment Capability
With operations in 45+ countries, we mobilize experienced teams to remote locations worldwide—from offshore platforms in the Gulf of Mexico to mining operations in Australia.
45+ countries served
Regulatory Expertise
Deep knowledge of FERC, GAAP, IFRS, and international accounting standards ensures your asset records support compliance requirements and regulatory filings.
Multi-jurisdictional compliance
Technology-Enabled Execution
Proprietary mobile applications, RFID/barcode integration, and real-time data validation ensure accuracy and efficiency even in challenging field conditions.
99.7% accuracy rate
Dedicated Energy Practice
Our energy specialists bring decades of combined experience across oil & gas, petrochemicals, power generation, and mining—understanding the unique challenges of each sub-sector.
25+ energy specialists
Actionable Insights
Beyond inventory counts, we deliver strategic insights on asset utilization, componentization opportunities, and depreciation optimization to maximize your asset value.
ROI-focused approach
Ready to optimize your energy asset management?
Connect with our energy practice leaders for a consultation
Service Portfolio
Comprehensive Fixed Asset Services
End-to-end solutions tailored for energy sector requirements, from initial inventory through ongoing asset lifecycle management.
Baseline Asset Inventory
Comprehensive physical verification establishing accurate asset records from the ground up. Our teams capture detailed attribute data, location information, and condition assessments.
Complete asset visibility
Accurate financial records
Regulatory compliance foundation
ERP data validation
Asset Tagging & Labeling
Durable identification solutions designed for harsh energy environments—from offshore platforms to desert installations. RFID, barcode, and specialty tags for every application.
Harsh environment durability
RFID and barcode options
Standardized identification
Lifecycle tracking enabled
Asset Componentization
Detailed breakdown of complex energy assets for accurate depreciation, tax optimization, and regulatory compliance. Essential for refineries, power plants, and processing facilities.
Tax depreciation optimization
FERC/GAAP compliance
Unit of property analysis
Improved cost allocation
Fixed Asset Inventory and Reconciliation
Systematic comparison of physical assets against financial records to identify discrepancies, ghost assets, and unrecorded items. Critical for M&A and regulatory filings.
Ghost asset identification
Financial record accuracy
Audit preparation support
Insurance optimization
Machinery & Equipment Valuation
Professional appraisals for energy assets supporting transactions, financial reporting, insurance, and litigation. Our ASA-certified appraisers specialize in energy sector equipment.
Fair market value opinions
Replacement cost analysis
Remaining useful life
Transaction support
ERP Data Compilation
Seamless integration of physical inventory data with SAP, Oracle, Maximo, and other enterprise systems. We ensure your asset records flow accurately into financial systems.
SAP/Oracle integration
Data cleansing services
Migration support
Ongoing synchronization
Our Methodology
Proven Execution Framework
A systematic approach refined through hundreds of energy sector engagements, ensuring consistent quality and on‑time delivery.
01
Discovery & Planning
Comprehensive assessment of your facilities, systems, and requirements to develop a tailored project approach.
02
Physical Verification
Systematic on-site verification of assets using specialized equipment and experienced field teams.
03
Data Compilation
Structured data capture and validation ensuring completeness and consistency across all asset records.
04
Reconciliation & Reporting
Thorough reconciliation with financial systems and delivery of comprehensive reports and recommendations.
30+
Years Experience
500+
Energy Projects
$75B+
Assets Managed
100%
On‑Time Delivery
Proven Results
Energy Sector Success Stories
Real-world examples demonstrating our expertise across the energy value chain.
Oil & Gas
Global IOC|Middle East & Africa
Major Integrated Oil Company Asset Verification
Comprehensive fixed asset inventory across 12 countries covering upstream production facilities, refineries, and distribution networks. Delivered complete asset register supporting $4.2B divestiture.
Baseline InventoryAsset TaggingValuation
2.1M+
Assets Verified
12
Countries
$4.2B
Transaction Value
Renewables
Infrastructure Fund|United States
Utility-Scale Solar Portfolio Due Diligence
Physical verification and valuation of 22 utility-scale solar facilities across 8 states supporting strategic acquisition. Identified $18M in unrecorded assets and $12M in ghost assets.
Physical InventoryReconciliationValuation
1,850
MW Verified
22
Facilities
$30M
Value Identified
Petrochemicals
Major Chemical Producer|Gulf Coast, USA
Ethylene Complex Componentization
Detailed componentization of world-scale ethylene cracker and polyethylene units for tax depreciation optimization. Project delivered $45M in accelerated depreciation benefits.
ComponentizationTax DepreciationERP Integration
85,000+
Components
$45M
Tax Benefit
6 months
Timeline
Mining
Diversified Mining Company|Australia, South America, Africa
Global Mining Company Asset Standardization
Enterprise-wide fixed asset standardization across 28 mining operations. Implemented consistent asset hierarchy and tagging standards enabling consolidated reporting.
Asset TaggingData StandardizationERP Migration
28
Sites
450K+
Assets Tagged
99.8%
Accuracy
Have a similar project in mind?
Let's discuss how we can help achieve your objectives
CPCON Professionals
Meet Our CPCON Professionals
Industry veterans with deep expertise across every segment of the energy sector, ready to tackle your most complex asset management challenges.
Tiago Jeveaux
Chief Operating Officer (COO), Miami
Managing Director leading global operations from Miami office
Leading CPCON's global operations with extensive experience in asset management and operational excellence across energy sectors.
Operations ManagementAsset OptimizationGlobal Strategy
Cameron Braid
Vice President, New York
Vice President overseeing North America strategy from New York HQ
Driving North American growth with deep expertise in energy asset management and strategic client partnerships.
Strategic PlanningClient RelationsMarket Development
Managing Mexico operations with specialized knowledge in Latin American energy markets and regulatory compliance.
Latin America MarketsRegulatory ComplianceClient Advisory
Leading EMEA expansion with extensive experience in Middle East energy infrastructure and asset management.
EMEA OperationsEnergy InfrastructureBusiness Development
Overseeing Brazilian operations with deep expertise in South American energy markets and project execution.
Brazil OperationsProject ManagementEnergy Markets
Francisco Canton
Managing Director, Madrid
Managing Director directing Iberia and European operations from Madrid
Directing European operations with specialized knowledge in Iberian energy markets and renewable energy assets.
European MarketsRenewable EnergyStrategic Growth
Wendell Jeveaux
CEO, Global Region
Director driving Greater China market expansion and client relations
Leading CPCON's global vision with decades of experience in energy asset management and international business development.
Global LeadershipStrategic VisionEnergy Sector Expertise
Rafael Dias
President/CEO MX, CDMX
Director leading Mexico market development and enterprise solutions
Leading Mexico operations with extensive experience in enterprise asset management solutions and market development.
Mexico LeadershipEnterprise SolutionsMarket Strategy
Insights & Resources
Energy Sector Thought Leadership
Expert perspectives on fixed asset management trends, best practices, and regulatory developments in the energy industry.
Best Practices
January 8, 2025•6 min read
Componentization Strategies for Petrochemical Facilities
Maximizing tax benefits through detailed asset componentization in complex chemical processing environments.
By Sarah ChenRead
Technology
December 20, 2024•5 min read
Drone Technology in Offshore Asset Verification
Leveraging UAV technology for safer, more efficient asset inventories on offshore platforms and remote facilities.
By David MartinezRead
Regulatory
December 12, 2024•7 min read
FERC Compliance: Building Defensible Asset Records
Essential practices for maintaining asset documentation that withstands regulatory scrutiny and supports rate case filings.
By Jennifer WalshRead
Get Started
Let's Discuss Your Energy Asset Challenges
Our energy practice team brings decades of specialized experience to help you optimize fixed asset management across your operations. Schedule a consultation to explore how we can support your objectives.
Speak directly with our energy practice leaders
Response within 24 hours
Confidential
Request a Consultation
Tell us about your project and we'll connect you with the right specialist.