Mitigating the risk of software obsolescence in the oil and gas sector

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dc.contributor.authorErkoyuncu, John Ahmet
dc.contributor.authorStanley, Ononiwu
dc.contributor.authorRoy, Rajkumar
dc.date.accessioned2018-07-03T13:09:32Z
dc.date.available2018-07-03T13:09:32Z
dc.date.issued2014-10-31
dc.description.abstractThis paper focuses on how on-going energy demand, shift in water depth and heavy crude oil type are creating huge obsolescence issues especially software in the offshore oil and gas industry. The aim is to identify and quantify software obsolescence using a novel framework developed to evaluate major software types, their associated obsolescence impact and risk exposure, cost implications, and resolution qualification. Validation of the framework confirmed the role of the framework for life cycle support and guidance related to software obsolescence. The tool can be used for engineering and procurement contracts thereby reducing capital and operating expenditure.en_UK
dc.identifier.citationJohn Ahmet Erkoyuncu, Stanley Ononiwu and Rajkumar Roy. Mitigating the risk of software obsolescence in the oil and gas sector. 3rd International Conference on Through-Life Engineering Services, Cranfield, 4-5 November 2014, Cranfield, Cranfield University, UK. Procedia CIRP, Volume 22, 2014, Pages 81-86en_UK
dc.identifier.issn2212-8271
dc.identifier.urihttps://doi.org/10.1016/j.procir.2014.07.133
dc.identifier.urihttps://dspace.lib.cranfield.ac.uk/handle/1826/13309
dc.language.isoenen_UK
dc.publisherElsevieren_UK
dc.rightsAttribution-NonCommercial-NoDerivatives 3.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/*
dc.subjectSoftware obsolescenceen_UK
dc.subjectrisk managementen_UK
dc.subjectoil and gas sectoren_UK
dc.titleMitigating the risk of software obsolescence in the oil and gas sectoren_UK
dc.typeConference paperen_UK

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