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Project Number 331
Date of Summary March 01, 2003
Subject Lifetime Cost of Sub-sea Production Systems (JIP)
Performing Activity DNV/Goldsmith Consulting
Principal Investigator Riley Goldsmith, Remi Ericson (DNV)
Contracting Agency Minerals Management Service
Completion October 2000
Description The objective of this JIP was to develop and demonstrate a structured probabilistic procedure for assessing the lifetime risk and reliability of sub-sea production systems. System costs will be evaluated with respect to safety, environmental, and operational matters (OPEX, CAPEX, RISKEX, etc.).
Progress The first meeting of the JIP participants was held on October 6, 1999. Work on a report and spreadsheet program proceeded until the final scheduled meeting on September 26, 2000. At that meeting, a draft final report and a draft spreadsheet were presented for review. The project was completed in 2000 as a final report and spreadsheet software were delivered to JIP participants at the conclusion of the project.
AAFile in Adobe's Portable Document Format (PDF) .  (280 pages) Lifetime Cost of Subsea Production Systems, prepared for Subsea JIP, System Description & FMEA Rev. 2, Det Norske Veritas, June 2000.
AB File in Adobe's Portable Document Format (PDF) .  (12 pages) Lifetime Cost of Subsea Production Systems, prepared for Subsea JIP, Final Report Rev. 0, Det Norske Veritas, November 2000.
  

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