Development of downtime cost calculator for offloading operations influenced by parametric rolling

The stability of FPSO or offloading shuttle tanker may be affected in wave conditions which excite parametric rolling. The offloading operations are thereby ceased and eventually leads to loss in production which affects the revenue of global production, better known as downtime cost. This paper dis...

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Main Authors: Patel, M.S., Liew, M.S., Mustaffa, Z., Yee, N.C., Whyte, Andrew
Format: Journal Article
Language:English
Published: MDPI 2020
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/82147
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author Patel, M.S.
Liew, M.S.
Mustaffa, Z.
Yee, N.C.
Whyte, Andrew
author_facet Patel, M.S.
Liew, M.S.
Mustaffa, Z.
Yee, N.C.
Whyte, Andrew
author_sort Patel, M.S.
building Curtin Institutional Repository
collection Online Access
description The stability of FPSO or offloading shuttle tanker may be affected in wave conditions which excite parametric rolling. The offloading operations are thereby ceased and eventually leads to loss in production which affects the revenue of global production, better known as downtime cost. This paper discusses downtime cost analysis of offloading operations due to parametric rolling of shuttle tanker under regular waves in Malaysian waters for three different locations. The downtime due to parametric rolling is investigated for two different water depths for which the probability of occurrence was calculated from the location specific wave scatter diagram. The results of parametric rolling of shuttle tanker along with downtime cost charts are presented. Additionally, a Graphical User Interface (GUI) was developed and its work procedure is demonstrated in this paper. The down-time cost calculator will help the oil operator companies to analyze the economic risks involved for field developments and anticipate the loss in revenue for downtime occurrences. The developed GUI was copyrighted under literary work as intellectual property.
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institution Curtin University Malaysia
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publishDate 2020
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spelling curtin-20.500.11937-821472021-01-13T02:46:40Z Development of downtime cost calculator for offloading operations influenced by parametric rolling Patel, M.S. Liew, M.S. Mustaffa, Z. Yee, N.C. Whyte, Andrew Science & Technology Physical Sciences Oceanography downtime cost roll parametric rolling offloading GUI PREDICTION The stability of FPSO or offloading shuttle tanker may be affected in wave conditions which excite parametric rolling. The offloading operations are thereby ceased and eventually leads to loss in production which affects the revenue of global production, better known as downtime cost. This paper discusses downtime cost analysis of offloading operations due to parametric rolling of shuttle tanker under regular waves in Malaysian waters for three different locations. The downtime due to parametric rolling is investigated for two different water depths for which the probability of occurrence was calculated from the location specific wave scatter diagram. The results of parametric rolling of shuttle tanker along with downtime cost charts are presented. Additionally, a Graphical User Interface (GUI) was developed and its work procedure is demonstrated in this paper. The down-time cost calculator will help the oil operator companies to analyze the economic risks involved for field developments and anticipate the loss in revenue for downtime occurrences. The developed GUI was copyrighted under literary work as intellectual property. 2020 Journal Article http://hdl.handle.net/20.500.11937/82147 10.3390/JMSE8010007 English http://creativecommons.org/licenses/by/4.0/ MDPI fulltext
spellingShingle Science & Technology
Physical Sciences
Oceanography
downtime
cost
roll
parametric rolling
offloading
GUI
PREDICTION
Patel, M.S.
Liew, M.S.
Mustaffa, Z.
Yee, N.C.
Whyte, Andrew
Development of downtime cost calculator for offloading operations influenced by parametric rolling
title Development of downtime cost calculator for offloading operations influenced by parametric rolling
title_full Development of downtime cost calculator for offloading operations influenced by parametric rolling
title_fullStr Development of downtime cost calculator for offloading operations influenced by parametric rolling
title_full_unstemmed Development of downtime cost calculator for offloading operations influenced by parametric rolling
title_short Development of downtime cost calculator for offloading operations influenced by parametric rolling
title_sort development of downtime cost calculator for offloading operations influenced by parametric rolling
topic Science & Technology
Physical Sciences
Oceanography
downtime
cost
roll
parametric rolling
offloading
GUI
PREDICTION
url http://hdl.handle.net/20.500.11937/82147