Work package · Study01Feasibility studies & project definition

Feasibility studies that establish a credible basis for the next project decision.

Independent process and project-definition studies covering alternatives, design basis, site and infrastructure requirements, preliminary engineering, cost, risk, and implementation planning.

Defined inputs · review points · issued outputs
Typical stageScreening · FEL-1 · FEL-2
Primary inputsObjectives · data · site basis
Primary outputsStudy report · design basis · estimate
Common interfacesClient · site · vendors · disciplines
01 · Purpose

Define the project before committing to the wrong basis.

A useful feasibility study does more than confirm that a concept is technically possible. It establishes the project basis, compares credible alternatives, identifies the infrastructure and engineering required, and makes uncertainty visible before larger commitments are made.

ONB develops stage-appropriate studies that integrate process engineering, site and utility requirements, preliminary equipment definition, cost inputs, risk, and an executable next-stage plan.

02 · Decision questions

Which option should advance?

Compare process routes, configurations, scales, sites, and implementation approaches against agreed criteria.

Is the project viable at the intended location?

Evaluate feed, utilities, infrastructure, logistics, environmental constraints, and site-specific interfaces.

What engineering basis is sufficiently mature?

Separate established inputs from assumptions, estimates, open questions, and data that must be verified.

What must happen next?

Define the testing, engineering, permitting, commercial, vendor, and implementation actions required for the next gate.

03 · Scope & capabilities

Project objectives and study basis

Decision criteria, design cases, battery limits, assumptions, exclusions, codes, and required study accuracy.

Alternatives and technology screening

Structured comparison of routes, configurations, scales, sites, vendors, and implementation strategies.

Site, feedstock and infrastructure assessment

Feed availability, utilities, roads, logistics, tie-ins, storage, distribution, environmental constraints, and field-data needs.

Preliminary process definition

Block flow diagrams, mass and energy balances, preliminary PFDs, equipment basis, utility demand, and operating philosophy.

Cost and commercial basis

Stage-appropriate CAPEX/OPEX inputs, estimate classification, contingencies, sensitivity, market basis, and financing-readiness actions.

Risk and implementation planning

Technical, execution, permitting, schedule, supply-chain, stakeholder, and information risks with prioritized next actions.

04 · Typical deliverables
Study basis and assumptions register
Options-screening and selection matrix
Preliminary mass and energy balances
Block flow diagrams or preliminary PFDs
Site, infrastructure and utility requirements
Preliminary equipment basis and utility summary
Conceptual cost estimate and estimate basis
Risk, data-gap and action registers
Implementation roadmap and schedule basis
Defined scope for the next engineering phase
05 · Engineering principle

Feasibility is a decision package—not a collection of optimistic assumptions.

ONB distinguishes verified evidence, engineering estimates, sensitivities, and unresolved gaps. The study is structured so management, technical reviewers, investors, laboratories, vendors, and future engineering teams can understand what supports the recommendation.

06 · Representative applications
Industrial feasibility studiesFEL-1 and FEL-2 studiesSite and infrastructure screeningProcess-route selectionModular process facilitiesEnergy and fuelsOil and gas systemsCCUS and carbon conversionCritical mineralsManufacturing projectsPilot and demonstration definition
07 · Frequently asked questions
What is the difference between a feasibility study and an FEL study?
A feasibility study tests whether a project or option is viable. FEL adds progressively greater definition of scope, design basis, equipment, cost, risk, and execution. ONB can align the study with the client’s project-gate framework.
Can ONB lead a study involving several partner firms?
Yes. ONB can lead the process-engineering and integration scope while coordinating defined inputs from site, environmental, civil, commercial, financial, logistics, laboratory, vendor, and local engineering specialists.
Does every study require a site visit?
No. A site visit is recommended when location-specific conditions materially affect the decision. Early screening can often begin with existing documents, geospatial information, photographs, utility data, and structured interviews.
How accurate will the cost estimate be?
Accuracy depends on project maturity and source data. The estimate basis, classification, exclusions, contingencies, uncertainty, and information required to improve accuracy are stated explicitly.
Start with the scope

What decision, drawing, model, or study does the project need next?