Subsea Cost Estimation
Subsea Cost Estimation
Subsea cost refers to the cost of the whole project, which generally includes the capital expenditures (CAPEX) and operation expenditures (OPEX) of the subsea field development. During this course individuals will develop a detailed understanding of cost incurred during the life cycle of the field. The will learn about Christmas tree costing, manifold costing and flow line costing with respect to subsea field development.
The course emphasizes a systems approach to subsea costing. Individual and group exercises are used throughout the course including a case study, basic component selection, and high level project execution plans for subsea development. Course instructors are core subsea professionals.
Contents
Day 1
- Subsea Capital Expenditures (CAPEX)
- Cost Estimation Methodologies
- Cost Capacity Estimation
- Factored Estimation
- Cost Estimation Model
- Cost-Driving Factors
Day 2
- Work Breakdown Structure
- Cost Estimation Process
- Subsea Equipment Costs
- Overview of Subsea Production System
- Subsea Trees
- Cost-Driving Factors
- Cost Estimation Model
Day 3
- Subsea Manifolds
- Cost-Driving Factors
- Cost Estimation Model
- Flowlines
- Cost-Driving Factors
- Cost Estimation Model
- Testing and Installation Costs
- Testing Costs
- Installation Costs
- Project Management and Engineering Costs
Day 4
- Subsea Operation Expenditures (OPEX)
- Life cycle Cost of Subsea System
Day 5
- Case Study: Subsea System CAPEX Estimation
Structure
Subsea Field Development course is based on a 5 days training period and consists of 2 elements:
- Five-days classroom modules to obtain theoretical knowledge of the relevant material.
- Real time operational videos that enable attendees to develop a practical understanding of systems, operations and procedures.
Career Opportunity
After completion of this course; you could work for:
- IOC’s Company as a Subsea Project Engineer
- IOC’s Company as a Subsea Cost Engineer
- Subsea Production Systems or Offshore Company as Cost Engineer
- Subsea Production Systems or Offshore Company as Project Engineer
For further information on course fees, content details or registration please contact info@chesssubseaengineering.com
