April 2017

Trends and Resources

Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry

Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.

Eftimie, C., RTS Ltd.

In contrast with conventional projects, modularization splits a unit into parts of a system to be prefabricated in an offsite fabricator workshop and assembled later onsite, on a pre-laid foundation. This method aims to reduce the number of interfaces, the total installed cost and the schedule length of a project, while optimizing the return on investment and allowing standardization for similar future projects. Modularization allows the movement of complex and costly tasks from the field into fabrication yards, thereby reducing risk and labor effort while improving quality, schedule and savings via higher offsite productivity. Is modularization a viable solution for downstream projects? Thi

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