Introduction Offshore structures are huge steel or concrete structures that are used for the exploration and extraction of oil and gas from the earth’s crust (Sadeghi, 2007). Offshore structures have always been an integral part of the oil and gas industry. In fact, most of them have been rampantly developed over the last three to four decades driven by the need to exploit deeper water. With the depletion of easy-to-reach fields in shallow water and the ever growing demand for oil and gas, offshore structures have slowly evolved into many different types. Most of the offshore structures today are designed not only to accommodate different environments, speeding up design, fabrication and installation, but most importantly to minimize costs …show more content…
Both of these categories have their own sub-categories, each with their own advantages and disadvantages. However, subsea completions which are placed on the seafloor to support equipment are not considered to be a part of the offshore structures in generally accepted use of the term (Frieze, 2001). According to John (2014), generally, there are four types of fixed structures and four types of floating structures. Some company may classify some types of floating structures into articulated structure, however such classification is not commonly …show more content…
The main advantage of FPSO is that it is a standalone structure that does not need external infrastructure such as pipelines or storage. The offloading of crude oil to a shuttle tanker is done at regular intervals which range from days to weeks, subject to the production and storage capacity of the FPSO. Not only that, FPSO can also be used to explore marginal wells in deep water where fixed platform is not feasible. According to Miller (2001), FPSO is known for its low construction cost because of the minimal infrastructure required. The FPSO is also reusable. In addition to that, FPSO’s quick disconnect capability enables it to be used in iceberg prone areas. However, FPSO also has several drawbacks which includes low deck load capacity and little storage capability. It also has poor stability in rough seas and may experience damage to risers due to motion. The cost of operation of offshore
These costs can be both personnel and non-personnel and both direct and
This is an estimate of capital costs, including labour, materials, permits, equipment, and fuel. There will also be operating expenses, which include insurance, maintenance, and the cost of labour to carry out these continuing operations. The revenue for this project will come from the sale of electricity to the province and other buyers. Per Nalcor’s economic benefits projections, the average income per year will be $710 million [1]. Therefore, the following equation can be used to find the breakeven point, using values in millions of dollars.
Structural power is characterized by its ability to set the agenda. “Power is exerted in setting the agenda for the decision-making process. The selection of what is and what is not subject to formal process of political deliberation…” (Reader page 96) Structural power thus occurs whenever one party constructs the circumstances in which another one makes its decisions.
Pipelines are also proven to be the safest method of transferring crude oil,
less damage in the pipeline can cause the environment to be clean and to allow the people not to be worried and to think that the pipe can transport the crude oil
In the low commodity price environment, EOG remains grounded in terms of reduction in operating as well as capital expenditure. After having reduced its cash operating costs per unit by 17% in 2015, the company plans to additionally lower its cash operating costs in 2016 through a mixture of costs efficiencies improvements. For instance, the company during the first-quarter of 2016, secured a long-term brackish water supply, which is expected to save them approximately
The type of vessels used for RLWI operations are smaller sized, typically supplier type vessels, where a temporarily installed package can be used to deploy WL over the side using a subsea lubricator or other means to safely access the well. At the same time, this technology is used in combination with more demanding technology, such as
Sincerely, Team Odyssey Exhibit 1 – Options Areas of Concern Option 1 Option 2 Option 3 Financial Aspect Net loss of $2M – one time cost. Increase in annual cashflow: $4.9M to 5.6M; one time transferring cost of $25M Cost of upgrading,tool maintenance - $2M loss. On going performance lag on company - $4.64M Capital Intensive – Need $32M for building the new plant. Increase in annual cash flows : $3M Operational Aspect Products are transferred from job shop environment to batch shop.
Abstract The Wilkerson Company started facing declination in profits due to the price cutting on their pumps. On the contrary, while the price pumps were decreasing to record numbers, the flow controllers, which controlled the rate and direction flow of chemicals, could increase its prices without significant loss or any competitive response. Wilkerson, his controller, and manufacturing manager developed an activity-based cost model (ABC) to better comprehend the various demands that each product line makes on the organization 's indirect and support resources. Exhibit 1 showed us our operating results, Exhibit 2 showed us our product profitability analysis, Exhibit 3 displayed our product data, and Exhibit 4 was a compilation of the monthly
Lee Anderson, who is an antique boat collector who has what you would call a floatable mansion. Lee Anderson has constructed an old Robber Baron into one of the most luxurious so called, “boathouse”. This home on the water is 12,500 square feet, which is way bigger than the standardized house in today’s world. The average boathouse ranges anywhere from 1,500 to 2,300 square feet. Along with a bar constructed of hollowed out tree trunks, an octagon shaped great room, and indoor slips for smaller boats, Lee Anderson’s boathouse can be considered a dwelling.
”The Open Boat” is the most frequently discussed work of American writer Stephen Crane, famous for his naturalistic writing in which human beings have no control on their lives. It is more than a narrative of adventure. In January 1897, the writer was shipwrecked and lost at sea for 30 hours. He and three other men were forced to row to shore on a ten-foot life boat. The short story was written several weeks after the harrowing accident.
Individual Design Exercise: Subsea Pipeline Design Susana Torres Escandell Student ID 51552536 Aberdeen, 23st of March 2016 TABLE OF CONTENTS 1 OVERVIEW 3 1.1 Pipeline and Soil Data 3 1.2 Analysis of Pipeline Route 5 1.2.1 Pipeline A 5 1.2.2 Pipeline B 6 2 POSITIONING ON SEABED 7 2.1 On Bottom Stability Analysis of Pipeline B 8 3 UPHEAVAL BUCLING AND DESIGN 9 3.1 Design Process 9 3.1.1 Global buckling assessment 9 3.1.2 Check of the Pipe integrity 9 3.2 Upheaval Buckling Analysis 10 4 SAFETY, ENVIRONMENTAL IMPACT & SUSTAINABILITY ASSESSMENT 13 4.1 Assessment of Environmental Impact & Safety 13 4.2 Decommissioning of Pipeline 13 5 CONCLUSIONS AND DESIGN RECOMENDATIONS 14 6 References 15 7 Bibliography 15 FIGURES Figure 1 - Global Buckling
Assignment: Coastal management • Explain what is coastal management • Discuss the types of coastal management and when they are used • The pros and cons of the types of coastal management Word limit is 2500 including references. Why is it important to defend the coast? Coastlines today, tend to be very heavily populated areas that are of high economic value due to tourism as well as key access point to ocean fisheries resources and sea transport routes. However, coastlines are particularly prone to flooding, whereby these fragile ecosystems take a long time to recover if they are degraded or destroyed.
Based on our calculations in Appendix 1. at the first stage support costs were allocated to two existing departments, i.e. Machining and Assembly, based on direct labor hours. Therefore total amount of costs assigned to Machining department is $472.000,00 and to Assembly department is $248.000,00. At the second stage total costs from both departments were distributed to products (Regular and Deluxe). Referring to our calculations in Appendix 1.
Tectonics is defined as the science or art of construction, both in relation to use and artistic design. It refers not just to the activity of making the materially requisite construction that answers certain needs but rather to the activity that raises this construction as an art form. It is concerned with the modeling of material to bring the material into presence - from the physical into the meta-physical world (Maulden, 1986). Since tectonics is primarily concerned with the making of architecture in a modern world, its value is seen as being a partial strategy for an architecture rooted in time and place therefore beginning to bring poetry in construction. Tectonics, however, has the capacity to create depth-ness of context resulting in the implicit story being told by the tectonic expression.