Lloyd's Register Working to Develop Software for Managing the Risks Associated with Blow-out Preventers

Tuesday, September 13, 2011

Lloyd's Register working with industry to develop new software for managing the risks associated with blow-out preventers on oil rigs. 'BOP Monitor' a new offshore application for respected Scandpower software, RiskSpectrum© 
 
Lloyd's Register is working with leading owners and operators from the oil and gas sector to improve current methods of monitoring the performance of blow-out preventers (BOP) and reduce the risks for one of the industry's most safety-critical pieces of equipment.
 
ModuSpec BV and Scandpower AS, members of the Lloyd’s Register Group and global leaders in risk management, have combined resources with industry to develop a 'BOP Monitor' that is expected to significantly improve the current processes that assess risk during operations.
 
The monitor will be a new application for Scandpower's proprietary software, RiskSpectrum©, the value of which has already been proven in 50% of the world’s nuclear power plants.
 
"The BOP is a critical component in any hydrocarbon drilling operation and is often the final line of defence for protecting life and the environment. So there is high demand for a transparent and well-structured risk assessment approach that helps owners and operators to monitor the BOP's performance," said Duco de Haan, ModuSpec's Chief Executive Officer. "Because ModuSpec has been a global leader in helping to ensure the reliability of drilling assets for more than 25 years, we recognise the importance of industry participation in developing a product of this caliber."
 
BOPs were thrust into the public spotlight last year for their role in the Macondo well disaster in the US Gulf of Mexico. De Haan says present BOP risk assessments lack a consistent structure. As a result, decisions on whether or not to pull them for inspection and maintenance can be subjective and difficult to understand, particularly for senior management and regulatory bodies.
 
The BOP Monitor will be unique in that the risk assessments used to populate the data for the model will be performed in advance by a team of BOP operational experts with the required documentation and drawings at their disposal.
 
As the risk assessments will be completed in a controlled setting, against a proven methodology from Scandpower, the quality of the risk assessments are certain to exceed those taken in an ad-hoc manner.
 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Stena RoRo Charters Three Vessels

Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.

Technology

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Water Conservation Measures at Panama Canal

The water levels at Gatun and Madden Lakes are currently well below the expected levels for this time of year. Based on a comprehensive analysis of historic data,

Offshore

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Water Conservation Measures at Panama Canal

The water levels at Gatun and Madden Lakes are currently well below the expected levels for this time of year. Based on a comprehensive analysis of historic data,

First Subsea Wet Gas Compressor Installed

After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Gullfaks C platform in the North Sea.

Environmental

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Water Conservation Measures at Panama Canal

The water levels at Gatun and Madden Lakes are currently well below the expected levels for this time of year. Based on a comprehensive analysis of historic data,

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving

Energy

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

First Subsea Wet Gas Compressor Installed

After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Gullfaks C platform in the North Sea.

Maritime Security

Fincantieri to Supply Four OPVs to the Bangladesh Coast Guard

Fincantieri has been awarded the contract with the Bangladesh Coast Guard (BCG) for the supply of four Italian Navy “Minerva” class corvettes to be upgraded and

New Binding Law of The Sea Agreement Advanced

WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N.

Saab Bags $1 bln Order for Swedish Submarines

The Swedish Defence Materiel Administration (FMV) has awarded contracts worth Skr8.6bn ($1.03bn) to Saab AB for the construction of two new Type A26 submarines

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1967 sec (5 req/sec)