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Risk Management & Asset Performance

Posts posted in May 2014

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Production availability and capacities

Production availability and capacities

Integrating flow modelling with RAM analysis helps to generate key insights into production issues that cannot be solved by generic RAM approaches alone. Generic RAM analysis focusses on estimating the time which a system is available - the uptime ...

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Propulsion shaft design targeting new ice-class rules

Propulsion shaft design targeting new ice-class rules

Today’s blog post will cover the basics of propulsion shaft design and analysis on ice-classed vessels. It is written by my colleague Qifeng Wang who is our Product Responsible for the Nauticus Machinery calculation package. During the past yea ...

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Experiments on OpEx modelling – what is the optimum?

Experiments on OpEx modelling – what is the optimum?

The ability to generate a financial picture of the oil and gas asset provides the RAM analyst an important tool to explain the benefits of performing RAM analysis. When discussing financial aspects, you don’t need to be a specialist in statistics o ...

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