Project risk and financial appraisal

The high level of capital investment required by oil and gas operations demands that systems are ready for optimal performance when needed whilst consistently avoiding unplanned downtime.

Contact Us

Key contact

Andy Brown - Offshore

Head of Business Development, North America

Houston, United States

+1 281 200 3115 offshore@bmtglobal.com

Project risk and financial appraisal

A well-designed RAM engineering study by BMT is a critical tool to optimise asset performance and limit risk, whilst maintaining long-term cost management.  

Our detailed Reliability, Availability & Maintainability (RAM) studies help our customers to assess the viability of maintaining an asset and unlock opportunities in areas such as design, maintenance and availability. 

Using powerful in-house RAM software we help estimate project life cycles and cost, by considering environmental conditions that may affect offshore installations prior to any capital investment made.

It can be applied to a wide range of offshore concept design and selection issues, be used to model the performance of complete offshore developments or investigate specific aspects or tasks.  

BMT has helped many customers identify economic opportunities that were not previously apparent resulting in several major oil companies acquiring the software themselves for concept development and planning of operations in offshore oil and gas fields.