An integrated benchmark model for Counterparty Credit Risk

The EAD metric is widely used in the calculations for the capital requirements concerning Counterparty Credit Risk (CCR). In this thesis we compare several methods for calculating this EAD. Basel III gives us two methods, the Standardized Approach for CCR (SA-CCR) and the Internal Model Method (IMM). Furthermore, we introduce an integrated...

A probabilistic approach to pipeline start-up structure installations: Structural reliability assessment utilizing the resistance parameters

Subsea pipeline are extensively used for the transport of hydrocarbons from offshore wells, to platforms, pump stations and to onshore facilities. Because the installation of pipelines is time consuming it is responsible for a significant amount of the total costs of a project. Thus the workability of the installation is of great importance.When...

Engineering Critical Assessment for girth welds in reeled pipeline: Development of a probabilistic methodology

Pipe laying projects are getting more challenging due to increasing operational depth of pipeline. The increasing depth requires more of the strength and load bearing capability of the pipeline and its girth welds. The assessment method used for checking the integrity of flaws in girth welds is called Engineering Critical Assessment (ECA) and is...