Quadrant Energy

Service: Asset Management | Project: Ningaloo Vision Floating Production Storage | Location: Australia

Lycopodium completed the Risk Based Inspection (RBI) Assessments of Pressure Vessels on the Quadrant Energy operated Ningaloo Vision Floating Production Storage and Offloading (FPSO) Vessel. The vessel was previously operated by Apache Energy.

Project Overview

Lycopodium completed RBI Assessment of Pressure Vessels on the Ningaloo Vision FPSO using a semi-quantitative approach. The approach used logic models, where applicable, for the calculations of probabilities and consequences of failure of identified risks associated with the piping systems. The RBI assessments were done in accordance to DNV-RP-103 & AS3788 standards.

    Services provided include:
  • The establishment of Pressure Vessels credible damage mechanisms.
  • The consequence and probability of failure assessment of each pressure vessel in line with Quadrant Energy corporate risk matrix.
  • The facilitation of multi-disciplinary RBI assessment workshops to review and validate results of Pressure Vessels RBI assessments.
  • The development of a risk based Integrity Management Plan (IMP) for the Pressure Vessels.

Updated RBI strategies previously completed using Apache Energy risk matrix to reflect outcomes in line with Quadrant Energy risk matrix