Profitability, reliability and condition based monitoring of LNG floating platforms: A review

Research output: Contribution to journalArticlepeer-review

Authors

Abstract

The efficiency and profitability of Floating, Production, Storage and Offloading platform (FPSO) terminals depends on various factors such as LNG liquefaction process type, system reliability and maintenance approach. This review is organized along the following research questions: (i) what are the economic benefit of FPSO and how does the liquefaction process type affect its profitability profile?, (ii) how to improve the reliability of the liquefaction system as key section? and finally (iii) what are the major CBM techniques applied on FPSO. The paper concluded the literature and identified the research shortcomings in order to improve profitability, efficiency and availability of FPSOs.

Details

Original languageEnglish
Pages (from-to)1495-1511
Number of pages17
JournalJournal of Natural Gas Science and Engineering
Volume27
Issue number3
Early online date23 Oct 2015
Publication statusPublished - Nov 2015

Keywords

  • Acoustic emission, Condition based maintenance, Floating, LNG liquefaction system, Production, Reliability of LNG liquefaction system, Storage and Offloading platform (FPSO), Vibration signatures