ROAD 2020 CCS – Offshore pipeline budget calculation

ROAD 2020 CCS Offshore Pipeline Budget

PROJECT DESCRIPTION

Offshore Independents (OI) has been requested by Road 2020 CCS to develop a budget for the offshore pipeline (from the landfall at the Maasvlakte towards the top of the riser at P18-A)

Offshore Independents (OI) has been requested by Road 2020 CCS to develop a budget for the installation of the offshore pipeline (from the landfall at the Maasvlakte towards the top of the riser at P18-A)

OI Scope:

Offshore Independents provided a detailed cost estimate for the offshore installation scope.

Based on the information provided the best lay method and suitable vessels were determined and actual day rates and calculated lay speeds were used to determine installation cost.

Seabed profile, soil properties environmental loads were evaluated to determine the best trenching method which was used to determine trenching scope and cost for the entire project.

In addition to cost involved in pipeline installation, also detailed cost estimations were made including o.a.; material & fabrication cost, transport & storage of materials and costs for surveys, quality control, testing & certification, etc.

A detailed report including budget with cost breakdown was provided.

Based on the given information and the outcome of the calculated budget cost OI made recommendation with respect to installation method and pipeline design to reduce some of the major drivers for the installation project.