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

M. S. Patel (), A. A. Khalifa, M. S. Liew, Zahiraniza Mustaffa and Andrew Whyte
Additional contact information
M. S. Patel: Universiti Teknologi PETRONAS
A. A. Khalifa: Universiti Teknologi PETRONAS
M. S. Liew: Universiti Teknologi PETRONAS
Zahiraniza Mustaffa: Universiti Teknologi PETRONAS
Andrew Whyte: Curtin University

Annals of Operations Research, 2022, vol. 315, issue 2, No 27, 1263-1289

Abstract: Abstract 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.

Keywords: Downtime; Cost; Partially standing waves; Side-by-side; GUI (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10479-020-03845-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:annopr:v:315:y:2022:i:2:d:10.1007_s10479-020-03845-9

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10479

DOI: 10.1007/s10479-020-03845-9

Access Statistics for this article

Annals of Operations Research is currently edited by Endre Boros

More articles in Annals of Operations Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().