Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface

© 2020, Springer Science+Business Media, LLC, part of Springer Nature. A cost related study for the offloading operations is an integral part of monetary risks assessment. The partially standing waves which occur between the gap of vessels are responsible for impacting the offloading operations...

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Main Authors: Patel, M.S., Khalifa, A.A., Liew, M.S., Mustaffa, Z., Whyte, Andrew
Format: Journal Article
Language:English
Published: SPRINGER 2020
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/82146
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author Patel, M.S.
Khalifa, A.A.
Liew, M.S.
Mustaffa, Z.
Whyte, Andrew
author_facet Patel, M.S.
Khalifa, A.A.
Liew, M.S.
Mustaffa, Z.
Whyte, Andrew
author_sort Patel, M.S.
building Curtin Institutional Repository
collection Online Access
description © 2020, Springer Science+Business Media, LLC, part of Springer Nature. A cost related study for the offloading operations is an integral part of monetary risks assessment. The partially standing waves which occur between the gap of vessels are responsible for impacting the offloading operations in terms of downtime costs. This paper presents a downtime cost analysis of side-by-side offloading operations in Malaysian waters for regular waves addressing the influence of partially standing waves through a graphical user interface (GUI). The developed interface is explained and its work procedure is demonstrated in this paper. The downtime is studied for two sea-states, beam and heading seas for which the probability of occurrence was calculated from the location specific wave scatter distribution. The results of wave kinematics for partially standing waves influencing the offloading operation for side-by-side configuration are presented. The down-time cost analysis will help the oil operator companies to analyze the economic risks involved for field developments and anticipate the loss in revenue for down-time occurrences. Overall, an attempt to integrate the influence of gap between vessels with offloading operations and related cost is presented.
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institution Curtin University Malaysia
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spelling curtin-20.500.11937-821462024-05-30T08:08:09Z Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface Patel, M.S. Khalifa, A.A. Liew, M.S. Mustaffa, Z. Whyte, Andrew Science & Technology Technology Operations Research & Management Science Downtime Cost Partially standing waves Side-by-side GUI FLNG © 2020, Springer Science+Business Media, LLC, part of Springer Nature. A cost related study for the offloading operations is an integral part of monetary risks assessment. The partially standing waves which occur between the gap of vessels are responsible for impacting the offloading operations in terms of downtime costs. This paper presents a downtime cost analysis of side-by-side offloading operations in Malaysian waters for regular waves addressing the influence of partially standing waves through a graphical user interface (GUI). The developed interface is explained and its work procedure is demonstrated in this paper. The downtime is studied for two sea-states, beam and heading seas for which the probability of occurrence was calculated from the location specific wave scatter distribution. The results of wave kinematics for partially standing waves influencing the offloading operation for side-by-side configuration are presented. The down-time cost analysis will help the oil operator companies to analyze the economic risks involved for field developments and anticipate the loss in revenue for down-time occurrences. Overall, an attempt to integrate the influence of gap between vessels with offloading operations and related cost is presented. 2020 Journal Article http://hdl.handle.net/20.500.11937/82146 10.1007/s10479-020-03845-9 English SPRINGER fulltext
spellingShingle Science & Technology
Technology
Operations Research & Management Science
Downtime
Cost
Partially standing waves
Side-by-side
GUI
FLNG
Patel, M.S.
Khalifa, A.A.
Liew, M.S.
Mustaffa, Z.
Whyte, Andrew
Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface
title Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface
title_full Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface
title_fullStr Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface
title_full_unstemmed Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface
title_short Downtime cost analysis of offloading operations due to influence of partially standing waves in Malaysian waters and development of graphical user interface
title_sort downtime cost analysis of offloading operations due to influence of partially standing waves in malaysian waters and development of graphical user interface
topic Science & Technology
Technology
Operations Research & Management Science
Downtime
Cost
Partially standing waves
Side-by-side
GUI
FLNG
url http://hdl.handle.net/20.500.11937/82146