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The study says benefits of up to 20-30% reduction in cost and shorter project execution can be achieved when proper Front End Engineering and Design

The study says benefits of up to 20-30% reduction in cost and shorter project execution can be achieved when proper Front End Engineering and Design "FEED" studies are performed.

What do Front End Engineering and Design consist of? considering the example of building a crude oil refinery? Explain the FEED's key components and its sub-list component and give a brief of each with some examples.

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