Offshore projects today are demanding ever more reductions in both CapEx and OpEx. Tertiary structural products (eg handrails, gratings, ladders and platforms) made in steel may at first seem to be the lowest cost option, but steel is heavy and eventually suffers from corrosion which can be a significant drain on budgets and resources.

The benefits of FRP (fiber reinforced polymer) tertiary structural products for offshore oil and gas projects can be very significant, with substantial weight reduction, lower installation costs and minimal maintenance. But how can these recognized FRP benefits against steel be translated into actual CapEx and OpEx savings when used in oil and gas projects?

This aim of this paper is to offer answer to this question, by presenting a study of the projected Whole Life Cost and Value Proposition for the MARRS Offshore FRP Handrail using data drawn from the recent BP Clair Ridge Project.

Subject
Costs, Materials, Piping, Phenols, Installation, Fiber reinforced plastic, Oil and gas, Floating, Procurement, Steel, Corrosion resistance, Maintenance, Risk reduction
Keywords:
Value proposition, FRP, GRP corrosion, weight saving, whole life costs, Capex, Opex
© 2019 Association for Materials Protection and Performance (AMPP). All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of AMPP. Positions and opinions advanced in this work are those of the author(s) and not necessarily those of AMPP. Responsibility for the content of the work lies solely with the author(s).
2019
Association for Materials Protection and Performance (AMPP)
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