Risk-based pipeline routing improves success probability

07/05/2010
A project performing pipeline-risk mapping of the Persian Gulf region using a geographic information system has validated an early emphasis on risk management in making pipeline routing decisions.Regional and global demand on the Persian Gulf's hydrocarbon reserves has increased dramatically in the last decade, and new pipelines will be needed to carry these reserves to market. Construction costs for Persian Gulf pipelines can easily exceed $1 billion and problems associated with the region's high-risk environments can lengthen project schedules and increase life-cycle costs.This article validates the concept that a risk-management process, when applied through a geographic information sy...
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