This part of ISO 15663 specifies requirements for undertaking life-cycle costing for the development and operation of facilities for drilling, production and pipeline transportation within the petroleum and natural gas industries.The life-cycle costing methodology described in this part of ISO 15663 can be applied when making decisions on any option which has cost implications for more than one cost element or asset phase, in order to estimate the cost difference between competing options.
DS/EN ISO 15663-1:2007 history
2021DS/EN ISO 15663:2021 Petroleum, petrochemical and natural gas industries – Life cycle costing (ISO 15663:2021)
2007DS/EN ISO 15663-1:2007 Petroleum and natural gas industries - Life cycle costing - Part 1: Methodology