Subsea pipeline operational risk management
Conference
·
OSTI ID:433903
Resources used for inspection, maintenance, and repair of a subsea pipeline must be allocated efficiently in order to operate it in the most cost effective manner. Operational risk management aids in resource allocation through the use of risk assessments and cost/benefit analyses. It identifies those areas where attention must be focused in order to reduce risk. When they are identified, a company`s resources (i.e., personnel, equipment, money, and time) can then be used for inspection, maintenance, and/or repair of the pipeline. The results are cost effective risk reduction and pipeline operation with minimum expenditure.
- OSTI ID:
- 433903
- Report Number(s):
- CONF-960525--
- Country of Publication:
- United States
- Language:
- English
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