Production efficiency of a floating production storage and offloading
MAR Consulting AS assisted on producing a reliability, availability and maintainability (RAM) analysis of a floating production storage and offloading (FPSO) unit to be stationed in the Norwegian continental shelf. The initial model in the front-end engineering (FEED) phase has the objective of estimating the production efficiency of the current configuration, providing insight on bad actors and basis for modifications to improve the production efficiency.