Abstract Preview

This part of ISO 15663 provides guidance on application of the methodology for life-cycle costing for the development

and operation of facilities for drilling, production and pipeline transportation within the petroleum and natural gas industries.

This part of ISO 15663 also provides guidance on the application and calculations of the life-cycle costing process

defined in ISO 15663-1.[1]

This part of ISO 15663 is not concerned with determining the life-cycle cost of individual items of equipment, but

rather with life-cycle costing in order to estimate the cost differences between competing project options.


General information

  • Status :  Published
    Publication date : 2001-09
  • Edition : 1
    Number of pages : 29
  • :
    ISO/TC 67
    Materials, equipment and offshore structures for petroleum, petrochemical and natural gas industries
  • 75.020
    Extraction and processing of petroleum and natural gas

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Life cycle

A standard is reviewed every 5 years



Revisions / Corrigenda

  • Now under review
    ISO 15663-2:2001
  • Will be replaced by
    ISO/FDIS 15663

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