{"id":33,"date":"2023-07-26T12:52:45","date_gmt":"2023-07-26T12:52:45","guid":{"rendered":"https:\/\/proclaimenergy.com\/blog\/?p=33"},"modified":"2023-07-26T13:23:03","modified_gmt":"2023-07-26T13:23:03","slug":"offshore-construction-operation-risks","status":"publish","type":"post","link":"https:\/\/proclaimenergy.com\/blog\/index.php\/2023\/07\/26\/offshore-construction-operation-risks\/","title":{"rendered":"OFFSHORE CONSTRUCTION & OPERATION RISKS"},"content":{"rendered":"\n
\"semi-submersible-oil-rig-vessel\"
Semi-submersible oil rig vessel<\/figcaption><\/figure>\n\n\n\n

Many of World\u2019s Offshore Oil & Gas Plants are becoming Older & Older, increasing  a risk of accidents Worldwide. Older structures are more prone to accidents, especially fires, as per Wallstreet Journal (Dec 14,2010). <\/p>\n\n\n\n

\u201cOn Dec. 4, 2009, a severely corroded pipe connecting the structure to a high-pressure gas well gave way during routine maintenance, releasing explosive natural gas into the air. Unlike most modern platforms, this one had no remote shut-off switch. Emergency valves that should have cut off the flow of gas automatically didn’t close properly\u2014in part, a subsequent investigation found, because a control panel was caked in bird droppings. Workers who had fled by boat to a nearby platform were finally able to shut down the well\u2026\u2026\u2026\u2026\u2026\u2026..<\/p>\n\n\n\n


Federal regulators investigated 81 accidents at oil-and-gas facilities in the Gulf of Mexico over the past three years in which equipment failure, the most common cause of accidents, was blamed. In more than a quarter of such cases, according to the Journal analysis, investigators found that age or issues that are often age-related, such as corrosion or rust, contributed to the incident.\u201d <\/p>\n\n\n\n

An example is Tyra Field in North Sea, which was 35 Years old and is sinking-225 KM west of Debmark\u2019s coast. It is now replaced (2019-2023) with 2 new platforms \u2013 one living quarters by Rosetti Marino and the second, a processing platform by McDermott, USA, built in Kuala Lumpur. https:\/\/totalenergies.com\/media\/video\/welcome-one-worlds-most-advanced-natural-gas-fields<\/a>\u00a0<\/p>\n\n\n\n

The Old 2 Platforms are being scrapped\/recycled by the by a Denmark based Frederikshavn  (Modern American Recycling Services-MARS) Yard-equal to 7 Eiffel Towers!   <\/p>\n\n\n\n

To draw an example in India, the ONGC\u2019s Platforms <\/p>\n\n\n\n

are also old, needing replacements. These do involve tens of Billions of Capex and opportunities for Risk Management & Insurance Professionals.<\/p>\n\n\n\n

If they are delayed, there Could be accidents due to the age of the platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"

Many of World\u2019s Offshore Oil & Gas Plants are becoming Older & Older, increasing  a risk of accidents Worldwide. Older structures are more prone to accidents, especially fires, as per Wallstreet Journal (Dec 14,2010).  \u201cOn Dec. 4, 2009, a severely corroded pipe connecting the structure to a high-pressure gas well gave way during routine maintenance, […]<\/p>\n","protected":false},"author":2,"featured_media":34,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[7],"class_list":["post-33","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marine-insurance","tag-offshore-construction"],"_links":{"self":[{"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/33","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=33"}],"version-history":[{"count":2,"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/33\/revisions"}],"predecessor-version":[{"id":41,"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/33\/revisions\/41"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/media\/34"}],"wp:attachment":[{"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=33"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=33"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/proclaimenergy.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=33"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}