The first phase of a joint industry project (JIP) to promote a global standard for engineering and construction of offshore oil and gas installations has delivered four recommended practices (RPs). The outcome of the JIP, led by DNV GL, will be reduced complexity, less rework and delays and greater predictability. This will help reduce cost and increase quality further, enabling more projects to move forward.
Phase 1 of the JIP has comprised DNV GL, Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering Company (DSME), Samsung Heavy Industries (SHI), the Korea Offshore and Shipbuilding Association and the Korea Marine Equipment Research Institute.
The RPs provide guidance for meeting requirements in multiple recognized standards applied globally. The RPs also provide guidance and propose new standards in areas where no standards exist. They aim to reduce variations and unique requirements for every project and thereby to reduce the general cost level and delays in offshore oil & gas projects.
”We are delighted to further develop the strong relationship and collaboration we have with Korean shipyards. Together we are addressing the challenge of a high cost level by using international standards more widely in offshore oil and gas projects. When we have common challenges, we also have common opportunities. Standardization has potential to significantly reduce cost levels and enables the industry to move forward,” says Remi Eriksen, Group
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